Amwell Raises $194M in Funding

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Summary

Amwell, a Boston, MA-based national telehealth company, closed its Series C financing round, adding $194m in funding across two tranches. Many early investors and strategic partners participated in this round, including Allianz X and Takeda. The company will use the funds to expand its investment in technology and services. Led by Ido Schoenberg, CEO, Amwell is a telehealth platform in the United States and globally, connecting and enabling providers, insurers, patients, and innovators to deliver access to care. The company offers a comprehensive platform to support all telehealth needs from urgent to acute and post-acute care, as well as chronic care management and healthy living.

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