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Wellfount

Wellfount
2006 FOUNDED
PRIVATE STATUS
51-200 EMPLOYEES
Later Stage VC LATEST DEAL TYPE
$11.9M LATEST DEAL AMOUNT
$61.5M TOTAL AMOUNT RAISED
Description

Provider of a remote dispensing system intended to reduce cost and improve patient safety in the long-term care market. The company's remote dispensing system helps users to meet the demands of quality in the way medications are delivered as well as offers an InSite Remote Dispensing System, a medication management system for long-term care facilities, enabling skilled nursing providers deliver quality care, while eliminating unnecessary waste experienced with traditional pharmacies.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Distributors (Healthcare)
Other Industries
Pharmaceuticals
Primary Office
5751 West, 73rd Street
Indianapolis, IN 46279
United States

+1 (800) 949-4979
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Wellfount Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC 20-Jul-2017 $11.9M $61.5M Completed Generating Revenue
6. Later Stage VC (Series A2) 18-Feb-2015 00.00 000.00 000.00 Completed Generating Revenue
5. Later Stage VC 26-Mar-2014 0000 000.00 Completed Generating Revenue
4. Later Stage VC (Series B) 27-Dec-2012 00.000 000.00 00.000 Completed Generating Revenue
3. Later Stage VC 24-Jun-2011 00.000 00.000 Completed Generating Revenue
2. Early Stage VC (Series A) 20-Apr-2011 $6M $6.55M $12.1M Completed Generating Revenue
1. Debt - General 23-Jun-2010 $550k $550k Completed Generating Revenue
To view this company’s complete deal history including valuation and funding request access »

Wellfount Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series B2 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.00
Series B 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series A 4,873,592 $0.001000 8% $1.64 $1.64 1x $1.64 3.34%
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Wellfount Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Amherst Fund Venture Capital Minority 000 0000 000000 0
Arboretum Ventures Venture Capital Minority 000 0000 000000 0
Deerfield Management Venture Capital Minority 000 0000 000000 0
Elevate Ventures Venture Capital Minority 000 0000 000000 0
Western Technology Investment Venture Capital Minority 000 0000 000000 0

Wellfount Executive Team (9)

Name Title Board
Seat
Contact
Info
Raymond Huggenberger Co-Chief Executive Officer & Board Member
Eric Orme President, Board Member, Secretary & Co-Chief Executive Officer
Tadd Miller JD President, Board of Directors & Co-Founder
Robert Meyer Chief Financial Officer
Jim Smith Chief Operating Officer
You’re viewing 5 of 9 executives. Get the full list »

Wellfount Board Members (4)

Name Representing Role Since Contact
Info
Eric Orme Wellfount President, Board Member, Secretary & Co-Chief Executive Officer 000 0000
Paul McCreadie Wellfount Managing Director & Board Member 000 0000
Raymond Huggenberger Wellfount Co-Chief Executive Officer & Board Member 000 0000
Stephen Hourigan Elevate Ventures Board Member 000 0000