Wellth, a digital health company utilizing behavioral economics to empower people to prioritize their health, announced an oversubscribed Series B fundraising round of $20 million.
The round was led by SignalFire, with participation from Frank Williams, co-founder and former CEO of Evolent Health (also joining Wellth as chairman), and existing investors The Social Entrepreneurs’ Fund, CD Venture, Yabeo and Partnership Fund for NYC.
Founded in 2014, Wellth connects with its members to engage them more effectively to influence behavior change. The new capital will enable the organization to further invest in the behavioral science engine behind the app and in team expansions to support Wellth’s growing member base. Read more.
