WellsCare Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 5

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 3

WellsCare General Information

Description

Developer of a smart laser therapy device designed to make pain management easier and more convenient. The company's device offers compact, portable, and rechargeable equipment that uses low-level laser therapy and it can also be connected to a smartphone, enabling users to get relief from the pain caused by excessive smartphone use and sports activity without having to visit a medical facility.

Contact Information

Website
www.wellscare.co.kr
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 4th Floor, Gyeonggi R&DB Research Center
  • 105 Gwanggyo-ro, Yeongtong-gu
  • Suwon, Gyeonggi
  • South Korea
+82
Primary Industry
Therapeutic Devices
Vertical(s)
Wearables & Quantified Self, Artificial Intelligence & Machine Learning, HealthTech
Corporate Office
  • 4th Floor, Gyeonggi R&DB Research Center
  • 105 Gwanggyo-ro, Yeongtong-gu
  • Suwon, Gyeonggi
  • South Korea
+82

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

WellsCare Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC 16-Nov-2023 Completed Generating Revenue
4. Later Stage VC 31-May-2022 Completed Generating Revenue
3. Equity Crowdfunding Completed Generating Revenue
2. Early Stage VC 29-May-2019 Completed Generating Revenue
1. Product Crowdfunding 12-Jan-2019 $19.1K Completed Generating Revenue
To view WellsCare’s complete valuation and funding history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

WellsCare Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

WellsCare Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Alchemista Partners Venture Capital Minority
Platinum Technology Investment Venture Capital Minority
Korea Credit Guarantee Fund Venture Capital Minority
To view WellsCare’s complete investors history, request access »

Ready to get started?

Request a free trial

WellsCare FAQs

  • When was WellsCare founded?

    WellsCare was founded in 2016.

  • Where is WellsCare headquartered?

    WellsCare is headquartered in Suwon, South Korea.

  • What is the size of WellsCare?

    WellsCare has 5 total employees.

  • What industry is WellsCare in?

    WellsCare’s primary industry is Therapeutic Devices.

  • Is WellsCare a private or public company?

    WellsCare is a Private company.

  • What is WellsCare’s current revenue?

    The current revenue for WellsCare is .

  • How much funding has WellsCare raised over time?

    WellsCare has raised $946K.

  • Who are WellsCare’s investors?

    Alchemista Partners, Platinum Technology Investment, and Korea Credit Guarantee Fund have invested in WellsCare.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process