Saturday, December 14, 2024

Wheel: Raises $50M in Series B Funding

  • Wheel, an Austin, Texas-based health tech company, raised $50m in Series B funding
  • The round was led by Lightspeed Ventures with participation from CRV, Silverton Partners, Tusk Venture Partners, J.P. Morgan, and Future Shape
  • The company, which has raised $66m in total to date, intends to use the capital to invest in its technology and clinician networks
  • Wheel also provides a white label platform for companies and clinicians to build virtual care services under their brand
  • The technology connects patients with clinicians across more than a dozen attributes, ensuring patients matched with the best clinician for their care needs
  • The company serves companies across a wide variety of industries, also including publicly-traded digital health companies, tech companies, retailers, labs, and medical device companies

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