Welcome to the podcast! Today, we’re sharing some exciting news from the health technology sector. A Chapel Hill firm, Well, has successfully raised $30 million in funding, bringing its total to $150 million. This significant investment will help bolster its AI-powered health engagement platform, designed to provide personalized services for issues like sleep, anxiety, grief, and parenting.

Co-founder David Werry describes Well as “a daily health partner,” focusing on creating a highly personalized experience for its members. With impressive growth rates of over 50% in both memberships and revenue annually, Well is gearing up for more expansion. Werry notes, “This round allows us to accelerate some of the needs that we're seeing,” as the firm prepares to scale its technology and team amidst a surge of new customers.

Interestingly, three of Well's largest clients participated in this funding round, demonstrating their confidence in the platform. Established in 2019, Well now employs around 250 people with plans for continued hiring, particularly in response to its expanding member base.

This journey reflects a broader trend in health technology, where innovation and funding converge to create impactful solutions for health engagement. Stay tuned for more updates on Well and the ever-evolving health tech landscape!
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