Bostinno: The Big-Name VCs Who Love Boston (and the Ones Who Don’t)
Among this year’s dealsAmino raised funding from Union Square Ventures, Accel Partners led DataGravity’s $50 million round and Wellframe’s Series A was led by DFJ.
Among this year’s dealsAmino raised funding from Union Square Ventures, Accel Partners led DataGravity’s $50 million round and Wellframe’s Series A was led by DFJ.
WellFrame has its vision on how healthcare will be delivered in the future.
“For us, we say that healthcare is largely a service industry and it’s actually the provision of service and human care that has historically been quite effective,” Sattelmair said.
One of the biggest pain points for hospitals is that we’ve come across a health system’s inability to scale care management resources.
Wellframe delivers a mobile experience featuring a secure two-way communication channel to connect patients with care providers.
“Big data allows us to collect more data about patients than any clinical trial in history,” said Vinnie Ramesh, CTO at Wellframe, via email.
A health IT business that developed a mobile platform and analytics tool to give care managers a clearer window on patients’ responsiveness to their care plan has raised $8.5 million.
Boston-based patient engagement and care management company Wellframe raised $8.5 million in a funding round led by Draper Fisher Jurvetson (DFJ), with additional investment from Formation 8, Waterline Ventures and Queensbridge Venture Partners.
Healthcare providers are under pressure to better monitor and care for older and at-risk patients between doctor visits. So caregivers need an effective way to stay in touch with patients and keep them following doctors’ orders while they’re at home.
Digital therapy is important for patients who need at-home care, can’t afford to travel to a clinic, or have no way to get to a clinic for therapy.