Our Investments
Our Investments
Our portfolio of strategic investments in digital health are a demonstration of our commitment to the modernization of healthcare.
Ingenuity
Creative technologies, tools, and solutions that empower individuals to take responsibility for their own health, platforms that create better, more convenient health outcomes, diagnostics that modernize healthcare. Ingenuity is found at the root of every WELL Ventures company.
Leadership
Strong leadership teams who are focused yet flexible, who can effectively manage and leverage the ever changing digital health environment. These are leadership qualities WELL Ventures looks for.
Culture
Nurturing a culture and workplace environment that is harmonious and connected to all dimensions of wellness, is always offered as part of our commitment and support and valued when considering investments.
Investment Portfolio
WELL has already established a strong track record of making venture-style investments in early-stage digital health companies including INSIG, Circle Medical, Phelix.ai, Pillway and Twig Fertility. These portfolio companies have benefitted from not only receiving capital investments from WELL, but also strategic guidance and access to WELL’s extensive network of clinics and healthcare practitioners.
Both INSIG and Circle Medical experienced exceptional growth since WELL’s initial investment leading to significant follow-on investments by WELL. These two portfolio companies have since graduated from the WELL Health Ventures program with INSIG being acquired by WELL and Circle Medical receiving a majority stake investment from WELL. INSIG and Circle Medical are now both an integral part of WELL’s future growth plans.
The following WELL Health Ventures Portfolio companies represent only a small subset of the total acquisition transactions completed by WELL.
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Silicon Valley based Circle Medical Technologies, Inc. (“Circle Medical”) is a National US telehealth provider that also operates two brick and mortar medical clinics in the San Francisco Bay Area. WELL is a majority stakeholder of Circle Medical.
Related News
WELL Health Provides Corporate Update Reflecting Continued Strength in its US Businesses
WELL Health Announces Strategic Investment in Circle Medical
A Canadian leader in telehealth services. Insig is a private Canadian company engaged in developing telemedicine platforms, and clinical automation software. After its initial investment, WELL acquired 100% of INSIG November 2020.
Related News
Phelix AI is a zero-code, omni-channel, and AI powered virtual assistant for healthcare workflows. Phelix uses cutting edge technology to automate around the edges of existing healthcare silos, followed by an API first approach to rebuild the EMR stack for the future.
Related News
WELL Health Announces Digital Health Investment and Strategic Partnership with Phelix.ai
A start-up fertility clinic looking to create the next generation of fertility care based in Toronto, Canada. Twig plans to combine medical expertise and a world class embryology laboratory to create a digitally-enhanced, human-centred approach to fertility care. This is expected to include telehealth consultations, at home medication delivery, mobile app bookings and notifications and a patient portal with real time results.
Related News
WELL Health Provides Management Update and Makes Seed Investment in Fertility Start-up Venture
Pillway is a modernized full service pharmacy with an innovative digital platform. Pillway’s use of AI personalizes the interaction between consumers and pharmacists to enhance today’s pharmacy experience. Pillway’s mobile consumer App, which is available on both Apple and Android, allows patients to easily keep track of their medication consumption, upcoming medication schedule, communicate virtually with a Pillway pharmacist and receive automated alerts, reminders, and more.
Related News
WELL Health Announces Strategic Minority Investment in Pillway
Bright is a B2B technology service provider that has developed a virtual amenities wellness program for on-site and work-from-home teams. Bright is addressing the importance of preventative health and wellness for the growing remote workforce.
Caring for our own employees and network of practitioners, as well as for the health of all hard-working Canadians, is a value shared by WELL and Bright.
Related News
WELL Health Announces Strategic Minority Investment in Bright Health
Focus Mental Wellness is a virtual online therapy clinic that provides secure online video, phone and text therapy for individuals and their families struggling with mental health issues. Focus providers can grow their online practice without the headache and cost of running a private practice on their own, allowing them to focus on clinical work and patient outcomes.
WELL is pleased to support the continued de-stigmatization and availability expansion of mental health care to Canadians across the country.
WELL is a majority stakeholder of Focus Mental Wellness.
Related News
“Cherry Health is Canada’s largest locum network with a self-serve physician job matching platform for locums, doctors and medical clinics available in Alberta, British Columbia and Ontario. The platform aims to blow past the inefficiencies of traditional job boards, and be a true peer to peer digital network readily accessible to every physician and clinic in the medical community.
Optimizing physician recruitment with the use of Cherry Health’s digital tools perfectly aligns with WELL’s core purpose of modernizing and improving healthcare delivery to alleviate challenges faced by physicians today”.
“Tap Medical offers digital patient engagement tools across Canada. Tap Medical was recently selected as one of three vendors to power Quebec’s “HUB” online booking system for public primary medical care appointments. In addition, the company delivers end-to-end healthcare telenavigation services to Canadian employers.
As Tap Medical continues to provide innovative digital patient engagement solutions to Canadians, WELL is proud to partner with them to advance digitization across Canada’s healthcare system.”
“Tali.ai is a Canadian leader in AI solutions for doctors and healthcare providers that enables the efficient retrieval of EMR information using Natural Language Processing (NLP algorithms). Providers will be able to vocally request information from their EMR and Tali.ai’s solution will search and present the information instantaneously.
WELL is excited to partner with Tali.ai as they are building an entirely new paradigm to solve a common bottleneck for providers”.
Related News
Doctorly is a European-based digital health-tech startup with a company mission of ‘enabling people to live healthier lives’. With an initial focus on Europe’s largest market, Germany, doctorly has built a brand new, fully regulated practice management software to redefine how medical practices work. As an all-in-one solution, doctorly provides a fully centralised, cloud powered, GDPR compliant, medical practice operating system that dramatically reduces the time & effort doctors & medical assistants spend on day-to-day administrative tasks. Doctorly is the only VC-backed startup to ever have the regulatory approval to sell this software in Germany, and with over 110,000 medical practices live in the market, have big ambitions to support a large percentage of doctors & medical professionals in modernizing how they work. To learn more about doctorly please visit: www.doctorly.de.
ORX Surgical offers an intelligent system that bridges clinical, supply chain, revenue cycle, and vendor data to boost operating room revenue. Utilizing AI and data analytics, ORX seamlessly integrates data from various systems like ERP, EHR, and PAS, and even directly from vendors, to provide a comprehensive financial outlook.
ORX Surgical’s algorithms are designed to identify and rectify missed charges and unnecessary costs. For supply chain management, ORX aids in cost optimization, managing off-contract items, and overseeing vendors. On the revenue side, it detects uncharged items, updates chargemasters, and offers payer remittance tracking.
The platform ensures standardized and secure operations, facilitating vendor coordination, preventing revenue leakage, and guaranteeing charge accuracy. Importantly, ORX operates without the need for Health IT integrations, does not store patient data, and ensures real-time communication
Silicon Valley based Circle Medical Technologies, Inc. (“Circle Medical”) is a National US telehealth provider that also operates two brick and mortar medical clinics in the San Francisco Bay Area. WELL is a majority stakeholder of Circle Medical.
Related News
WELL Health Provides Corporate Update Reflecting Continued Strength in its US Businesses
WELL Health Announces Strategic Investment in Circle Medical
A Canadian leader in telehealth services. Insig is a private Canadian company engaged in developing telemedicine platforms, and clinical automation software. After its initial investment, WELL acquired 100% of INSIG November 2020.
Related News
Phelix AI is a zero-code, omni-channel, and AI powered virtual assistant for healthcare workflows. Phelix uses cutting edge technology to automate around the edges of existing healthcare silos, followed by an API first approach to rebuild the EMR stack for the future.
Related News
WELL Health Announces Digital Health Investment and Strategic Partnership with Phelix.ai
A start-up fertility clinic looking to create the next generation of fertility care based in Toronto, Canada. Twig plans to combine medical expertise and a world class embryology laboratory to create a digitally-enhanced, human-centred approach to fertility care. This is expected to include telehealth consultations, at home medication delivery, mobile app bookings and notifications and a patient portal with real time results.
Related News
WELL Health Provides Management Update and Makes Seed Investment in Fertility Start-up Venture
Pillway is a modernized full service pharmacy with an innovative digital platform. Pillway’s use of AI personalizes the interaction between consumers and pharmacists to enhance today’s pharmacy experience. Pillway’s mobile consumer App, which is available on both Apple and Android, allows patients to easily keep track of their medication consumption, upcoming medication schedule, communicate virtually with a Pillway pharmacist and receive automated alerts, reminders, and more.
Related News
WELL Health Announces Strategic Minority Investment in Pillway
Bright is a B2B technology service provider that has developed a virtual amenities wellness program for on-site and work-from-home teams. Bright is addressing the importance of preventative health and wellness for the growing remote workforce.
Caring for our own employees and network of practitioners, as well as for the health of all hard-working Canadians, is a value shared by WELL and Bright.
Related News
Focus Mental Wellness is a virtual online therapy clinic that provides secure online video, phone and text therapy for individuals and their families struggling with mental health issues. Focus providers can grow their online practice without the headache and cost of running a private practice on their own, allowing them to focus on clinical work and patient outcomes
WELL is pleased to support the continued de-stigmatization and availability expansion of mental health care to Canadians across the country.
WELL is a majority stakeholder of Focus Mental Wellness.
Related News
“Cherry Health is Canada’s largest locum network with a self-serve physician job matching platform for locums, doctors and medical clinics available in Alberta, British Columbia and Ontario. The platform aims to blow past the inefficiencies of traditional job boards, and be a true peer to peer digital network readily accessible to every physician and clinic in the medical community.
Optimizing physician recruitment with the use of Cherry Health’s digital tools perfectly aligns with WELL’s core purpose of modernizing and improving healthcare delivery to alleviate challenges faced by physicians today”.
“Tap Medical offers digital patient engagement tools across Canada. Tap Medical was recently selected as one of three vendors to power Quebec’s “HUB” online booking system for public primary medical care appointments. In addition, the company delivers end-to-end healthcare telenavigation services to Canadian employers.
As Tap Medical continues to provide innovative digital patient engagement solutions to Canadians, WELL is proud to partner with them to advance digitization across Canada’s healthcare system.”
“Tali.ai is a Canadian leader in AI solutions for doctors and healthcare providers that enables the efficient retrieval of EMR information using Natural Language Processing (NLP algorithms). Providers will be able to vocally request information from their EMR and Tali.ai’s solution will search and present the information instantaneously.
WELL is excited to partner with Tali.ai as they are building an entirely new paradigm to solve a common bottleneck for providers”.
Related News
Doctorly is a European-based digital health-tech startup with a company mission of ‘enabling people to live healthier lives’. With an initial focus on Europe’s largest market, Germany, doctorly has built a brand new, fully regulated practice management software to redefine how medical practices work. As an all-in-one solution, doctorly provides a fully centralised, cloud powered, GDPR compliant, medical practice operating system that dramatically reduces the time & effort doctors & medical assistants spend on day-to-day administrative tasks. Doctorly is the only VC-backed startup to ever have the regulatory approval to sell this software in Germany, and with over 110,000 medical practices live in the market, have big ambitions to support a large percentage of doctors & medical professionals in modernizing how they work. To learn more about doctorly please visit: www.doctorly.de.
ORX Surgical offers an intelligent system that bridges clinical, supply chain, revenue cycle, and vendor data to boost operating room revenue. Utilizing AI and data analytics, ORX seamlessly integrates data from various systems like ERP, EHR, and PAS, and even directly from vendors, to provide a comprehensive financial outlook.
ORX Surgical’s algorithms are designed to identify and rectify missed charges and unnecessary costs. For supply chain management, ORX aids in cost optimization, managing off-contract items, and overseeing vendors. On the revenue side, it detects uncharged items, updates chargemasters, and offers payer remittance tracking.
The platform ensures standardized and secure operations, facilitating vendor coordination, preventing revenue leakage, and guaranteeing charge accuracy. Importantly, ORX operates without the need for Health IT integrations, does not store patient data, and ensures real-time communication
