Wellth
Los Angeles, California, United States
How Wellth hit $14M revenue with a 91 person team in 2023.
Wellth is a health tech company founded on a simple premise: If we give people an incentive to make healthy decisions today, we will be able to drastically reduce healthcare costs in the future. With hospitals and health insurers increasingly focusing on preventable health risks, our diverse team—comprising designers, developers, PhDs, and MDs—is devoted to a singular goal: Helping chronic disease patients change their behaviors to improve their health. Leveraging technology, we have developed a mobile application that offers targeted incentive plans to users. It delivers reminders and information that help build healthy habits and foster better disease management, ultimately leading to lower costs for payers and rewards for consumers. We guide patients to adopt behaviors that can improve their health more rapidly and incentivize them to adhere to, engage with, and manage their own health. This approach boosts a care manager's ability to deliver higher touch care more efficiently. By focusing on preventing avoidable costs among their highest risk populations, we can save health plans and risk-bearing providers billions and mitigate the risks they face. Our efforts to help patients improve adherence to their care plans lead to reduced hospitalizations, readmissions, and complications, thereby generating significant cost savings for our customers—often within just three months of joining our program. We serve patients with the most common chronic conditions through disease-specific behavior change programs. All our programs are fully compliant with Commercial, Medicare, Medicaid, HIPAA, Beneficiary Inducement, and other important regulations, ensuring the highest standards of privacy and efficacy. In creating a win-win-win scenario, we're paving the way toward a future of happier, healthier humans.
2014
Founded
$14M
2023 Revenue
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YOY
$19.1M
Funding
Wellth Revenue
In 2023, Wellth revenue run rate hit $14M in revenue.
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2023
Wellth hit $14M in revenue in 2023
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2014
Wellth launched in 2014 with $0 revenue
Wellth Funding History
No funding has been reported for Wellth yet.
Team
Wellth has 91 total employees.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 91 |
Founder / CEO
Matthew Loper
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
Wellth Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Matthew Loper | CEO | - | - |
Wellth Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Matthew Loper | CEO | - | - |
Frequently Asked Questions about Wellth
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When was Wellth founded?
Wellth was founded in 2014.
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How much revenue does Wellth generate?
Wellth generates $14M in revenue.
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Who is the CEO of Wellth
The CEO of Wellth is Matthew Loper.
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How much funding does Wellth have?
Wellth raised $19.1M.
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How many employees does Wellth have?
Wellth has 91 employees.
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Where is Wellth headquarters?
Wellth is headquartered at Los Angeles, California, United States
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