# Wellnecity

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wellnecity

- Industry: Insurance
- Headquarters: Winston-Salem, US
- Website: www.wellnecity.com/
- Total disclosed funding: $3.2M
- Latest round: Series A (Dec 17, 2021)
- Investors on record: 1

## About

Based in North Carolina, US, founded in 2018, Wellnecity Group, Inc., also known as Wellnecity operates as a provider of an insurance platform, intended to assist self-insured employers and their employees. The firm was founded by John Quinn (CEO), Marie Quinn, and Bill Frack. In December 2021, Wellnecity, LLC raised USD 3.16 million in series A funding led by Sopris Capital. The series A funding values Wellnecity Group, Inc at USD 20.26 million post-money.

The company offers Proactive Health Plan Management™ Service, that allows self-insured employers to manage their employees' health plans and spending in a simple and effective manner. The company's platform provides continuous and real-time health plan monitoring features, as well as analytical reports and actionable insights, to give employers better visibility into claims and invoices. The firm's services are easy to integrate with health policies and vendors, and the company's customer service team provides clients with continuous support and guidance.

Wellnecity generates revenue by offering a data-driven platform that helps self-funded employers manage their health plans. The firm's revenue streams include proactive health plan oversight, vendor performance management, and optimization of care programs like pharmacy benefits, and musculoskeletal care.

## Funding rounds

- Series A, Dec 17, 2021, $3.2M — Sopris Venture Capital

## Investors

- Sopris Venture Capital (https://capitalatlas.ai/funds/sopris-venture-capital) — Series A