Welltok Raises $33.7M in Series E Funding
Summary
Welltok, a Denver, CO-based consumer health enterprise company, raised $33.7m in Series E funding.In addition, the company also secured a new $13 million debt facility from Silicon Valley Bank.The company will use the combined financing for continued development of its CaféWell Health Optimization Platform™ and complementary technology-enabled healthcare service offerings, as well as expansion into new market segments.Led by Jeff Margolis, chairman and CEO, Welltok provides the CaféWell Platform, which enables population health managers to guide and incentivize consumers to optimize their health.The enterprise-level platform curates and connects consumers with available and relevant benefits, resources and rewards by providing personalized action plans for each individual.
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