# WeCounsel Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wecounsel-solutions

- Industry: Healthcare IT
- Headquarters: Chattanooga, US
- Website: www.visuwell.io
- Total disclosed funding: $14M
- Latest round: Series B (Feb 2, 2022)
- Investors on record: 4

## About

WeCounsel Solutions, LLC offers innovative telehealth solutions that enhance remote patient care through an advanced virtual care platform, fostering improved healthcare access and engagement across diverse regions.Founded in 2011 in Chattanooga, US, WeCounsel Solutions, LLC specializes in telehealth services that connect healthcare providers with patients. The company has evolved to focus on enhancing its virtual care platform. The CEO, Sam Johnson, leads the firm, which has successfully raised USD 10.000 mn in Series B funding on February 2, 2022, primarily from Fulcrum Equity Partners, with other investors including Longmeadow Capital Partners and PJC. The total amount raised to date is USD 10.000 mn, with the firm having completed five deals.Visuwell.io specializes in providing telehealth solutions that facilitate remote patient care. Their core offerings include a comprehensive virtual care platform designed to connect healthcare providers with patients through secure video consultations, messaging, and integrated health monitoring tools. This platform aims to address critical challenges faced by healthcare providers, such as improving access to care, enhancing patient engagement, and optimizing workflows. Visuwell's services are particularly beneficial for healthcare facilities, including hospitals and clinics, which aim to streamline their operations while ensuring patients receive timely and effective care. The company targets markets across North America and Europe, where the demand for telehealth solutions has surged in response to the evolving healthcare landscape.Visuwell.io generates revenue primarily through subscription models tailored to various healthcare institutions, enabling them to utilize their telehealth platform effectively. These subscription plans typically cover access to the platform's features, including patient management tools and reporting functionalities, which are integral to improving healthcare delivery. In a standard business transaction, a healthcare provider subscribes to Visuwell's services and pays a recurring fee based on the number of users or consultations generated through the platform. Additionally, partnerships with healthcare organizations may involve revenue-sharing agreements, further expanding Visuwell's market reach. Their flagship product, the virtual care platform, demonstrates a commitment to enhancing healthcare accessibility and efficiency, contributing to the overall revenue structure of the company.Following the Series B funding round completed on February 2, 2022, WeCounsel Solutions, LLC plans to utilize the USD 10.000 mn raised to scale its operations and expand its virtual care platform. This expansion includes the design and launch of upcoming new products aimed at enhancing user experience. The company is targeting increased market presence in both North America and Europe, where the demand for telehealth services continues to rise. The planned initiatives are aimed at being implemented within the next 24 months, supporting the company's commitment to innovative healthcare solutions.

## Funding rounds

- Series B, Feb 2, 2022, $10M — PJC, Fulcrum Equity Partners, Longmeadow Capital Partners
- Series A, May 2, 2016, $3.5M — PJC, Longmeadow Capital Partners, CVH Holdings

## Investors

- PJC (https://capitalatlas.ai/funds/pjc) — Series A, Series B
- Longmeadow Capital Partners (https://capitalatlas.ai/funds/longmeadow-capital-partners) — Series A, Series B
- CVH Holdings — Series A
- Fulcrum Equity Partners (https://capitalatlas.ai/funds/fulcrum-equity-partners) — Series B