Wellthy has raised $79.0M in total across 5 funding rounds.
Wellthy's investors include General Catalyst, Rethink Impact, Town Hall Ventures, Banana Capital, EQT Ventures, Felix Capital, Female Founders Fund, Partech Ventures, Sweet Capital.
Wellthy is a technology-enabled caregiving support company that provides personalized care coordination and backup care solutions to help families manage complex needs like eldercare, childcare, chronic conditions, mental health, and special needs.[1][2][3][5] Its core products—Care Concierge (expert-led navigation of healthcare logistics, insurance, and providers) and Backup Care (urgent care for children, adults, and pets)—serve employees of Fortune 500 companies, health plans, and families globally, addressing caregiver stress, productivity loss, and fragmented care systems.[1][2][4][5] Wellthy supports over 4 million lives across 190+ countries via a network of 350,000+ vetted providers, delivering measurable ROI for employers (e.g., $200,000 savings per utilizing employee) and improvements in mental health, reduced absenteeism, and avoided leaves.[1][5][6]
Founded in 2014 and woman-led, Wellthy has achieved rapid growth, ranking in Inc. Magazine's top 10 fastest-growing Northeast health companies (No. 52 regionally) for three years running, with revenue around $95 million and 1,081 employees as a remote-first firm headquartered in New York City.[1][3][6] Backed by investors like NEA, Hearst, and Citi Impact Fund, it integrates tech (AI, cloud tools) with human experts for holistic support.[1][2]
Wellthy was co-founded in 2014 by Lindsay Jurist-Rosner (CEO) and Kevin Roche (CTO), driven by Jurist-Rosner's 30-year personal experience caring for her mother with multiple sclerosis.[1][2] This firsthand encounter with caregiving's logistical burdens—inspired the mission to make care easier, more affordable, and accessible, filling gaps in the fragmented healthcare system.[1][4][5]
Early traction came from building a proprietary Care Network and expanding services, culminating in the 2023 acquisition of Lantern (an end-of-life planning platform), which integrated tools for wills, grief support, and care planning into Wellthy's offerings.[1] Pivotal growth included serving 35+ Fortune 500s, global expansion to 190+ countries, and consistent Inc. 5000 recognition since 2021, reflecting momentum amid rising caregiver demands.[1][6]
Wellthy rides the care economy wave, addressing the "sandwich generation" crisis where 50%+ of workers juggle childcare and eldercare amid aging populations, workforce shortages, and post-pandemic burnout.[1][5][6] Timing aligns with employer demands for benefits retention—Wellthy influenced U.S. tax guidance for care perks and supports hybrid/remote workforces, expanding care's definition beyond traditional healthtech.[5]
Market forces like rising healthcare fragmentation, DEI focus on vulnerable groups (e.g., neurodiversity, rural access), and B2B health plan integrations favor its model, influencing ecosystems by pioneering caregiver analytics, advocacy, and productivity tools that reduce $6.7B+ economic drag in regions like the Northeast.[2][5][6] As a category creator, it shifts tech from transactional to empathetic, human-augmented care.
Wellthy's trajectory points to further dominance in the $500B+ care economy, with expansions in AI-driven personalization, global backup care, and partnerships (e.g., more health plans, providers).[1][2][6] Trends like longevity tech, mental health integration, and employer-mandated benefits will accelerate growth, potentially doubling its 4M+ lives served amid Inc.-validated momentum.[6]
Its influence may evolve into policy-shaping (e.g., more tax incentives) and M&A plays, solidifying woman-led innovation in human-tech care—ultimately making Wellthy the indispensable partner for families navigating life's vital moments, just as its founders envisioned from personal hardship.[1][5]
Wellthy has raised $79.0M across 5 funding rounds. Most recently, it raised $26.0M Venture Round in May 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2023 | $26.0M Venture Round | General Catalyst, Rethink Impact, Town Hall Ventures | |
| Jun 1, 2021 | $37.0M Series B | General Catalyst, Rethink Impact, Town Hall Ventures | |
| May 1, 2020 | $6.0M Series A | Banana Capital, EQT Ventures, Felix Capital, Female Founders Fund, Partech Ventures, Sweet Capital | |
| Jan 1, 2019 | $5.0M Series A | Banana Capital, EQT Ventures, Felix Capital, Female Founders Fund, Partech Ventures, Sweet Capital | |
| Nov 1, 2017 | $5.0M Seed | Banana Capital, EQT Ventures, Felix Capital, Female Founders Fund, Partech Ventures, Sweet Capital |
