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The top 15 wellness fundraisings in 2016

So far this year, there have been 23 deals in the wellness space, raising $164.41M

Financial trends and news by Steven Loeb
November 4, 2016 | Comments
Short URL: http://vator.tv/n/4811

Healthcare is a really, really big space, one that sees a lot of funding and deals. So far this year, the healthcare space has now raised $13.1 billion, according to data provided to VatorNews by PitchBook, which has been spread across in 1,287 deals.

Of course, it's not monolithic. There are a number of subcategories in the healthcare space, focused on different aspects of helping people, including wearables, which give people data about their overall health, and fintech companies, which are focused on helping people tale responsibility for the cost of their healthcare.

One of those categories is wellness. These are healthcare companies that are focused helping people maintain healthy lifestyles, providing them with plans, and platforms, designed to alter their behavior. 

So far this year, there have been 23 deals in the healthcare wellness space, raising $164.41 million, according to PitchBook's data. 

These are the top 15 deals of the year in the space so far.

15. BlueStar HonorCare

Founded in 2013, BlueStar HonorCar is an owner and operator of a healthcare and wellness company. The company offers medical alert systems, health monitoring devices and personal safety devices to old and senior veterans and their families.

The company raised $1 million in Series A funding in January, valuing the company at $14.71 million.

Investors were undisclosed.

14. Wellview Health

Founded in 2013, WellVine is a provider of healthcare services for employees. The company operates a wellness coaching program which develops health plans for each patient.

The company raised $1.3 million in Series A3 funding, valuing the company at $5.3 million.

The investment came from BIP Capital (Christy Johnson).

13. LifeDojo

Founded in 2013, LifeDojo is a developer of an online-wellness platform for employees. The company develops behavior change training applications for stress reduction, healthy eating, exercise, brain science, and happiness for professionals in businesses, schools, non-profit organizations and health institutions.

The company raised $1.5 million in July, bringing its total raised to $3.28 million.

The funding came from Launchpad Digital Health (Fred Toney).

12. HealthSense

Founded in 2001, Healthsense is a provider of technology services for the senior care industry. The company provides technology to senior care continuum for the purpose of remote monitoring, emergency response and wellness management.

The company raised a $2.5 million round in February, bringing its total funding to $44.07 million.

Investors included .406 Ventures, Mansa Capital (Ruben King-Shaw), Merck Global Health Innovation, Radius Ventures (Daniel Lubin).

11. CureJoy

Founded in 2013, CureJoy is a developer of a platform to seek reliable information on alternative and natural healthcare from the experts in the field. The company's platform equips people with information on alternative options for their chronic ailments or general wellness.

The company raised a $4.4 million Series A round in June, bringing its total funding to $5.55 million and valuing it at $23.08 million.

The money came from Accel Partners (Subrata Mitra).

10. Maui Wellness Group

Founded in 2015, Maui Wellness Group is an operator of a yoga, massage and wellness therapy center. The company operates a wellness, yoga, massage, detoxification and weight loss center where patients can enroll for fitness and lifestyle changes.

The company raised a $4.5 million round in September, bringing its toal funding to $5.6 million.

Investors weren't disclosed.

9. Anthem-Epoch 

Founded in 2014, Anthem-Epoch is a provider of healthcare facility specifically designed for men in the United States. The company focuses on preventive care by educating men and their families about general wellness while matching their symptoms with appropriate medical treatments, regular screenings and lifestyle modifications.

The company raised $5 million in a Series A round in October, valuing the company at $15 million.

Investors included Kayne Anderson Capital Advisors, NewRoad Capital Partners (Steven Brooks).

8. Silk Therapeutics

Founded in 2013, Silk Therapeutics is a manufacturer and seller of skin-care products. The company develops, manufactures and sells skincare products based on silk materials for human health and wellness.

The company raised a $6 million Series A2 round in February bringing its total raised to $10.39 million, and valuing it at $21.67 million.

Investors included Altman Health Investments, Brandywine Trust Company, Highland Consumer Partners, Lear, Roy P. Disney, The Kraft Group.

7. Thrive Global 

Founded in 2016, Thrive Global is an operator of a consumer wellness platform. The company offers training, seminars, e-courses, coaching and other ongoing support based on the latest scientific findings from experts in the fields of neuroscience, psychology, productivity, sports and sleep which helps in reducing stress and exhaustion.

The company raised a $7 million Series A round in August, valuing it at $33 million.

Investors Advancit Capital, Andre Iguodala (Andre Iguodala), Blue Pool Capital, Female Founders Fund, Fredric Harman, Greycroft Partners, Gunnar Lovelace, Isabella Huffington, Joanna Coles , Lerer Hippeau Ventures, Mohamed El-Erian, Nick Green, Nicolas Berggruen, Raymond Dalio, Sean Parker , Zoë Baird.

6. Therapydia

Founded in 2011, Therapydia is a provider of a national network of physical therapy clinics. The company is focused on building a social wellness community featuring ongoing wellness programs such as yoga and pilates.

The company raised an $8.18 Series A round in June, bringing its total funding to $8.83 million, and valuing it at $14.18 million.

Investors David Brown, de Anda Capital (Michael De Anda), Peterson Partners (Benjamin Capell), Western Technology Investment.

5. PayActiv

Founded in 2011, PayActiv is a provider of a suite of employment-based financial wellness offerings. The company offers MyMoNow, which provides employees secure access to their earned but unpaid wages.

The company raised a $9.2 million Series A round in February, bringing its total to $13.55 million.

The funding came from SoftBank Capital (Kabir Misra).

4. ShareCare

Founded 2010, Sharecare is a provider of a health and wellness engagement platform. The company's platform provides consumers with personalized information, programs and resources to improve their health for living healthy lives.

The company raised $33 million in a Series B3 round, bringing the company's total to $220 million, and valuing the company at $513 million.

The funding came from Swiss Re Alternative Assets. 

3. ShareCare

ShareCare had raised a $33.12 million Series B2 round, which had valued it at $480 million.

Investors included Arsenal Venture Partners, Beringea, Claritas Capital (John Chadwick), Hearst Ventures (Scott English), Invest Michigan, Trinity Health, Wellington Management Group.

2. Higi 

Founded in 2012, Higi is a provider of health and wellness tracking stations. The company is a consumer-centric health engagement company that provides stations for tracking health data across retail stores and corporate wellness sites. It also offers a website and mobile application for health tracking at home.

The company raised a $40 million round in January.

Investors were undisclosed.

1. Thrive Market

Founded in 2013, Thrive Market is a provider of an online shopping platform for health-food products. The company operates a membership-based, e-commerce platform for natural and organic products including food items, beauty-related goods, supplements, vitamins and baby products.

The company raised a $111.11 million round in July, bringing the company's total funding to $159 million, valuing it at $611.11 million.

Investors included Blake Mycoskie, Brian Lee, CAVU Venture Partners, Cross Culture Ventures, David Barber, Deepak Chopra, Demi Moore, e.ventures, Gary Hirshberg, Greycroft Partners (Dana Settle), Henry Kravis, Invus Group (Evren Bilimer), Jillian Michaels, John Legend, Kapor Capital, Mark Hyman , Mark Rampolla, Mark Sisson, Sofia Vergara, Tony Robbins, Tudor Investment, VTF Capital, Zoe Saldana.

(Image source: fairbankswellness.org)

When I say wellness, it would be a healthcare company that is focused on healthy living, like Thrive Market or FitBit, rather than Omada Health or Practice Fusion. I hope that makes sense. 
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