WellFX, a Social Platform for HealthCare, Receives $5 Million From CMT Ventures

There is just one funding this week, but check out the full list of Healthcare IT investments:

WellFx, “a safe, private and secure social platform designed to bring healthcare to life” received $5 million Series A Financing from CMT Ventures. The platform is beneficial for both providers and patients. Patients that are living with chronic medical conditions are able to use the platform to connect with others, receive support, and get educated on their condition. Healthcare providers are able to incorporate the platform into their practice and encourage patients to participate in.

The company is in the process of creating a cloud-based social platform, which is what the $5 million will help with. The platform is supposed to help patients connect with one another and better their health.

Thank you to Rockhealth.com for putting together a list of fundings and acquisitions each week. Be sure to check out their weekly newsletter!

About the author

Katie Clark

Katie Clark

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.