# WEconnect Health Management SPC

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/weconnect-health-management-spc

- Industry: Internet
- Headquarters: Shelton, US
- Website: www.weconnectrecovery.com
- Total disclosed funding: $6M
- Latest round: Series A (Oct 18, 2018)
- Investors on record: 1

## About

WEconnect Health Management SPC, based in Shelton, US, is dedicated to supporting individuals facing mental health and substance use challenges through a mobile platform that fosters personal growth and recovery.Founded in 2015 by Daniela Tudor and Murphy Jensen, WEconnect Health Management SPC provides a mobile application aimed at individuals managing mental health and substance use challenges. The company has not undergone any significant pivots or changes in business operations since its inception. It is based in Shelton, US, and has completed a total of 6 deals, with its most recent funding round occurring on December 22, 2021, where the company raised USD 9.1 million. This funding represents the total amount raised by the company.WEconnect Health offers a mobile application designed to support individuals dealing with mental health and substance use challenges. The app functions as a comprehensive platform for personal growth, wellness, and recovery through daily routines, community meetings, and access to certified peer specialists. Users benefit from features such as 1-on-1 support, group meetings, and an organized system for tracking progress in their recovery journey. The target audience includes individuals in active addiction or recovery, as well as those managing mental health issues. WEconnect primarily serves users in the United States, but its scalable platform has the potential to extend to various geographical markets globally.WEconnect Health generates revenue through subscription-based services tied to its mobile application. Clients pay for access to a range of resources, including personalized peer support and community meetings that occur multiple times daily. The company offers various subscription tiers, enabling users to choose the level of access that best fits their needs. These transactions occur directly between WEconnect and the end users, facilitating a direct-to-consumer business model. Additionally, potential engagement with healthcare providers or organizations could lead to partnerships that enhance the delivery of their services to broader audiences, although specific details on pricing plans or partnership structures are not disclosed.WEconnect Health is focused on leveraging its recent funding of USD 9.1 million from December 2021 to enhance its product offerings and expand into new markets. The company aims to develop new features within its mobile application to better support users' recovery journeys. Additionally, there are plans to target expansion into international markets, with specific focus areas to be determined in the near future. The funding will be utilized to support these initiatives, including product development and market entry strategies.

## Funding rounds

- Series A, Oct 18, 2018, $6M — Tiny Capital

## Investors

- Tiny Capital (https://capitalatlas.ai/funds/tiny-capital) — Series A