# WiderCircle

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

- Industry: Internet
- Headquarters: Redwood City, US
- Website: www.widercircle.com
- Total disclosed funding: $48M
- Latest round: Series B (Sep 29, 2021)
- Investors on record: 4

## About

WiderCircle, Inc. develops neighborhood-based health programs that enhance community engagement and improve health outcomes, utilizing in-person and virtual platforms to support individuals in their wellness journeys.Founded in 2015 and headquartered in Redwood City, US, WiderCircle, Inc. operates in the healthcare sector, providing community-driven health initiatives. The company has engaged in 2 funding rounds with its most recent being a Series B on September 29, 2021, during which it raised USD 38.00 mn led by AmeriHealth, with participation from BlueCross BlueShield Venture Partners and Chicago Ventures. The CEO is Moshe Pinto and the founder is Darin Buxbaum.Wider Circle offers neighborhood-based health programs designed to foster community engagement and improve health outcomes among its members. The core offerings include in-person and virtual educational programs that cater to individuals sharing similar interests and life experiences, creating a supportive environment for participants to enhance their well-being. The Connect for Life® program serves as a free membership opportunity that allows users to select events that align with their interests on a weekly basis, promoting lifelong engagement and community connection. Targeting national and regional Medicare Advantage plans, Managed Care Organizations, and healthcare provider groups, Wider Circle operates in various geographical markets across the United States, focusing on urban and suburban neighborhoods where community health initiatives can have a significant impact.Wider Circle generates revenue primarily through partnerships with health plans and physician groups, establishing a transactional framework that emphasizes collaboration. The organization creates value by providing tailored programs and services to its clients, which may involve subscription-based models or direct partnerships. These transactions typically entail organizations purchasing access to Wider Circle’s programs for their members, thereby facilitating community engagement and health improvement initiatives. The Connect for Life® program stands as a key element of their offerings, with potential revenue ties to the health plans that integrate these services into their care options. Specific pricing structures or revenue figures associated with these offerings are not publicly disclosed, reflecting a focus on measurable health outcomes rather than product-specific pricing.In September 2021, WiderCircle, Inc. raised USD 38.00 mn in Series B funding to support its expansion efforts. The company plans to build out its national infrastructure, team, and technology to enhance its service offerings. Future growth will focus on expanding into new markets across the United States, particularly targeting urban and suburban areas where community health initiatives can be impactful. The funding will be utilized to design and launch new products to enhance community engagement and health outcomes.

## Funding rounds

- Series B, Sep 29, 2021, $38M — BlueCross BlueShield Venture Partners, Chicago Ventures, AmeriHealth, Inc.
- Series A, Mar 5, 2018, $10M — Sandbox Industries

## Investors

- Sandbox Industries (https://capitalatlas.ai/funds/sandbox-industries) — Series A
- BlueCross BlueShield Venture Partners (https://capitalatlas.ai/funds/bluecross-blueshield-venture-partners) — Series B
- Chicago Ventures (https://capitalatlas.ai/funds/chicago-ventures) — Series B
- AmeriHealth, Inc. — Series B
