Welkin Health, the Digital patient relationship platform, has raised $8 million investment in a Series A funding round led by Josh Kushner’s Thrive Capital. The latest capital investment will take the total funding raised by the startup till now to $12 million. Started in 2013, Welkin launched a digital monitoring system for diabetics alone and joined Rock Health in 2014 to create a disease management platform with robotic coaching tools similar to Livongo Health and other chronic condition management platforms. The startup has grown to support 1,300 case managers working with 200,000 patients across multiple healthcare verticals.
Kareem Zaki, deal lead on Thrive Capital’s side, commented that “What impressed us about Welkin is their deep understanding of the healthcare industry coupled with their technical expertise. Not only have they built an impressive technological platform, but they are solving tangible problems for healthcare organizations and ensuring all key players are set up for success”. Welkin is expected to use the fresh capital to create more tools to help those partnerships control how they configure their workflows within the system Welkin has created. Currently, Welkin does all the system configuration and integration work internally, so this should free up some of the time-consuming management and allow Welkin to focus on further growth of the company in other areas.