Boston-based Wellframe, makers of mobile patient engagement and care management software, has raised $15 million in Series B funding led by F-Prime Capital. Existing investors DFJ also contributed, and the new capital brings the company’s total funding to date to $25 million.
New York health insurer Excellus BlueCross BlueShield has partnered with Boston-based Wellframe to make Wellframe’s mobile platform a part of its Health Care Improvement team. Excellus’s HCI team focuses on integrating care management and quality improvement programs to close gaps in care, and the partnership with Wellframe will help Excellus to achieve those goals through its mobile app.
Wellframe, a digital health startup that works with health plans to extend care management, is collaborating with Darmouth Centers for Health and Aging on a two-year study. It’s designed to evaluate the effectiveness of digital health tools to help people with serious mental illnesses, such as schizophrenia, manage their chronic conditions. It will focus on middle-aged adults and older.
Wellframe’s cofounder & CEO Jacob Sattelmair echoed a sentiment I have shared with many people. 2.0 and StartUp Health have been the strongest advocates for digital health. fiercest competitors at the time in the aftermath of the dotcom bust. that time, the biggest players in digital media were Yahoo, MSN, AOL and DoubleClick (now Google). are fighting over table scraps (relative to legacy health IT vendors), digital media companies were in competition for a small portion of the advertising market. to digital media taking off. media surpasses even television. accelerated the shift by 5-10 years.
Boston is just scratching the surface with its impact on healthcare – thanks to our city’s innovators. Home to some of the greatest hospitals in the world, Boston has been on the map as a leader in the healthcare space for as long as anyone can remember.
Jacob and Jenna discuss how Wellframe is using technology to personalize patient care, the intersection of clinical protocol, data and consumer engagement, as well as the reality of entrepreneurship.
One member of Pinterest’s first intern class was Jeffrey Warren, who is now a software engineer at Wellframe.
A select number of clients of the Veterans Project at mental health-focused social services organization Thresholds will soon be able to communicate with clinicians and receive educational material through a mobile app supplied by Boston-based vendor Wellframe.
Jacob is the CEO and co-founder of Wellframe. His work and expertise lie at the intersection of healthcare, technology, data analytics and consumer engagement.