The future of autoimmune care

Over 50 million Americans are living with an autoimmune disease, and recent research suggests that number will continue to grow. But the way we treat these diseases is broken—diagnosis can take years, and there is often no simple positive test result. There are tremendous unmet needs and a likewise enormous opportunity to connect autoimmune disease patients with research-backed support. That’s why we are thrilled to share the news of our investment in WellTheory's $7.2M seed funding round, alongside Accel, BoxGroup, Lux Capital, and Scribble Ventures. WellTheory is a membership-based nutritional therapy and health coach-focused platform for patients with autoimmune disease. By routing patients into WellTheory's personalized therapeutic program, payers and self-insured employers can reduce expensive drug spend—and patients can regain greater control of their health. We’re honored to support founder Ellen Rudolph and the entire WellTheory team!

Headlines

Amazon’s Leaked ‘Clinic’ Would Connect Patients To Telemedicine
New online care program would offer treatment for “common conditions” The Verge

Headspace Health Introduces Unified Mental Health And Wellbeing Experience
Post-Ginger merger offering combines mindfulness with on-demand coaching, therapy, psychiatry Fierce Healthcare

Microsoft’s Note-Taking Tool Asks Doctors To Make A Grand Bargain
Health systems ask, is patient data-sharing a dealbreaker? STAT

A16z Partners With Rural Health System To Give Its Companies A Go-To Pilot Site
Bassett Healthcare Network will serve as preferred testing ground for portfolio companies STAT

Walgreens-Backed VillageMD To Buy Summit Health In $9B Deal
No. 2 US pharmacy chain expands its footprint into patient care CNBC

Salesforce Unveils Patient 360 For Health Innovations
Platform aims to improve patient outcomes by putting them at the center HIT Consultant

Wheel Buys GoodRx Tech For $20M
Digital health infrastructure starting to become a more popular buy Axios

Recent Funding

  • Maven Clinic, a virtual care provider for women and families, reels in $90M
  • AI-enabled medical coding and billing automation software Fathom raises $46M
  • Rock Health port co Elemental Machines secures $41M for its lab management software
  • Archy grabs $10M for dental-focused practice management and billing software 
  • SocialClimb locks in $8.5M for its patient acquisition and healthcare marketing solution
  • At-home sleep lab and virtual sleep disorder treatment program Wesper finds $7.5M
  • Rock Health port co WellTheory lands $7.2M to holistically treat autoimmune diseases
  • Genetic sequencing and analytics firm Sequencing brings in $5M