Welbe Health

Comprehensive care services for seniors

Menlo Park, California, United States

About Welbe Health

WelbeHealth provides comprehensive care services specifically designed for older adults. The company uses the PACE (Program of All-Inclusive Care for the Elderly) model, which combines medical, social, and long-term care services for seniors who prefer to live at home rather than in nursing facilities. This model allows WelbeHealth to create personalized care plans that cater to the individual needs and preferences of each patient, developed in collaboration with their families. The services offered include medical care, physical therapy, social activities, and transportation, funded through a mix of government programs like Medicare and Medicaid, as well as private payments. What sets WelbeHealth apart from its competitors is its focus on maintaining the independence and quality of life of elderly clients through tailored, patient-centered care. The goal of WelbeHealth is to enhance the well-being of seniors, ensuring they receive the support they need to live fulfilling lives.

Menlo Park, CaliforniaHeadquarters
2015Year Founded
$59.5MTotal Funding
SERIES_CCompany Stage
HealthcareIndustries
501-1,000Employees

Benefits

Health Insurance
Paid Parental Leave
401(k) Company Match
Paid Vacation
Paid Sick Leave
Hybrid Work Options

Risks

Increased competition from other PACE providers in California could impact market share.
Rising operational costs in urban areas may affect profitability.
Potential changes in Medicare and Medicaid reimbursement rates could impact revenue streams.

Differentiation

WelbeHealth employs the PACE model, integrating medical, social, and long-term care services.
The leadership team includes experts with extensive backgrounds in geriatric care and PACE.
WelbeHealth's individualized care plans are developed in collaboration with patients and families.

Upsides

WelbeHealth is expanding with new PACE centers in Riverside and Coachella Valley.
Telehealth integration enhances care for seniors with mobility issues or in remote areas.
AI predicts health deterioration, enabling proactive interventions and personalized care plans.

Funding

Total raised$59.53 M
Latest valuation$150.00 M
StageSERIES_C
$30
$150.00 M
SERIES A
1/31/2017
$15
$75.00 M
SEED
10/31/2015
$1
$6.00 M