Wellist Closes $10 Million Series A Funding

Integrated patient experience solutions provider Wellist raised $10 million in Series A funding led by Summation Health Ventures, a strategic healthcare investment fund affiliated with MemorialCare Health System, Cedars-Sinai Health System, and .406 Ventures, a Boston-based venture capital firm.

The funding comes on the heels of the company adding to its roster of hospital system clients, including Massachusetts General Hospital, Beth Israel Deaconess Medical Center, University of Pittsburgh Medical Center, and MemorialCare Health System, in addition to recruiting several executives to the team and further establishing its thought leadership in the patient experience market.

Wellist plans to use the funds to expand in several key geographic markets and to enhance its proprietary digital health platform.