b.well Connected Health scores $40M to accelerate growth

The company's FHIR-based platform unifies patient's healthcare data to drive personalized care insights.
By Jessica Hagen
03:12 pm
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Photo: STEVE DEBENPORT/Getty Images

Editor's note: This article has been updated with a quote from b.well Connected Health's CEO. 

b.well Connected Health, a health management platform, announced it closed a $40 million Series C growth round led by Leavitt Equity Partners. 

Andrew Clark, managing partner at Leavitt; Ryan Howells, principal at Leavitt and executive director of the CARIN Alliance; Dr. Hon Pak, head of digital health at Samsung joined b.well's board of directors. 

WHAT IT DOES

b.well unifies patients' health records, financial information, wearable data and other healthcare data. The FHIR-enabled platform offers interoperability and personalization at scale.

"This round of funding will support b.well's ability to seek out and scale our work with organizations embracing the ecosystem mindset," Kristen Valdes, CEO and founder of b.well Connected Health, told MobiHealthNews. "We are making it possible for organizations to deliver personalized, convenient healthcare experiences, acquire new capabilities and patients beyond their core and compete in future healthcare business models."

MARKET SNAPSHOT

In October, b.well integrated its offerings into the Samsung Health app to provide Galaxy smartphone users with a single platform to access their health data, receive health insights and recommendations, and connect with care providers virtually and in-person.

In 2021, the company secured $32 million in an oversubscribed Series B financing round, which it used to increase its market penetration and advance its product.

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