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To Reinvent Itself In Telehealth, Wheel Lands $150 Million Series C

Jan 19, 2022over 3 years ago

Amount Raised

$150 Million

Round Type

series c

Description

When Michelle Davey was first building Wheel, a healthcare platform that helps staff clinical workforces, she had to convince investors on two visions: one, that consumers will soon demand high-quality virtual care, and two, that the behavior will change so dramatically that her startup would build vital, underlying infrastructure to scale hybrid medical workforces.

Company Information

Company

Wheel

About

The company last raised a $50 million Series B in May 2021, bringing its total known funding to date to $216 million. The startup wants to now be able to help patients start at a telehealth visit, but then get directed to labs, diagnostics or even an in-person visit. Wheel isn’t the only startup with a pitch to help point-care solutions broaden their services to reach wider consumer patient population.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech