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Wellerz provides a digital platform for private practice professionals to book flexible, on-demand workspaces. It offers access to equipped consultation and therapy suites via a pay-per-use model, eliminating long-term leases. This technology streamlines space management, delivering agility and convenience for service providers.
Abraham Stern, co-founder and COO, established Wellerz leveraging his experience as a former BCG Principal. His prior work building a large independent operator of therapy suites in New York City illuminated market demand for adaptable professional environments, forming the key insight for its development.
The platform serves private practice professionals, including therapists and consultants, seeking flexible work settings. Wellerz empowers practitioners by simplifying access to quality facilities, fostering business growth and efficiency. The company envisions accessible, flexible workspace as the new standard for professional services.
Wellerz has raised $700K across 1 funding round.
Wellerz has raised $700K in total across 1 funding round.
Wellerz is a technology-enabled startup providing flexible therapy office spaces for healthcare professionals, such as therapists, addressing the need for on-demand, affordable workspaces without long-term leases.[1][4] It serves independent practitioners in mental health and related fields, solving challenges like high real estate costs, scheduling flexibility, and access to professional environments, with early growth evidenced by securing its first institutional investment from LAB Ventures Rolling Fund.[1][4]
Wellerz was co-founded by CEO Danny Hoz, a former Googler who most recently led YouTube TV development, alongside CMO Yakir Daskal and co-founder Lior (last name not specified in available data).[4] The idea emerged from identifying gaps in flexible workspaces tailored for therapy professionals, leveraging Hoz's tech product experience to build a scalable platform. A pivotal early moment was receiving the first fund check from LAB Ventures Rolling Fund, marking initial traction in the healthtech investment space.[4]
Wellerz rides the proptech wave intersecting with healthtech, capitalizing on the post-pandemic boom in telehealth and hybrid care models that demand physical spaces for in-person therapy.[1][4] Timing aligns with rising demand for mental health services amid global awareness, where therapists seek affordable alternatives to solo practices amid real estate inflation. Market forces like remote work normalization and venture interest in "space-as-a-service" (e.g., WeWork pivots) favor Wellerz, positioning it to influence how health pros access infrastructure, potentially expanding to integrated teletherapy tools and ecosystem partnerships.[1][4]
Wellerz is poised for expansion by scaling its platform nationwide, integrating AI for space matching and utilization analytics, and tapping into booming mental health demand. Trends like decentralized care and proptech funding resurgence will shape its path, evolving its influence from niche provider to key enabler in accessible therapy infrastructure. As a tech company streamlining workspaces for healers, Wellerz exemplifies how product innovation turns real estate friction into seamless professional empowerment.[1][4]
Wellerz has raised $700K in total across 1 funding round.
Wellerz's investors include Biel Investments, FinTLV Ventures.
Wellerz has raised $700K across 1 funding round. Most recently, it raised $700K Seed in June 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2021 | $700K Seed | — | Biel Investments, Fintlv Ventures | Announced |