Wayspring Funding, Investors & Competitors

Devoted Health offers Medicare Advantage plans for seniors in the United States. Headquartered in Boston, Massachusetts, the company integrates health insurance with virtual care, in-home visits, and concierge services through its Devoted Medical division. Plans cover 10 states including Florida and Texas, emphasizing primary care and chronic condition management. Devoted Health partners with providers like Mass General Brigham and leverages proprietary technology for personalized care coordination.

WeDoctor is a Hangzhou-headquartered online healthcare platform in China. Founded in 2010, it provides appointment booking, consultations, and health services through guahao.com, serving patients nationwide with online-offline specialist access.

Cityblock Health is a Brooklyn-headquartered tech-enabled provider of integrated health and social care for underserved communities with complex needs. Founded in 2017, it partners with Medicaid managed care organizations like EmblemHealth to deliver personalized prevention services through mobile clinics and apps, including a COVID-19 risk assessment tool adopted by health systems nationwide.

Grand Rounds, now operating as Included Health, is a San Francisco-based healthcare navigation company providing virtual and in-person care coordination. It offers advocacy services for urgent care, primary care, behavioral health, and specialties, serving over 10 million members. Rebranded in 2022, it partners with employers and insurers to reduce costs through expert physician matching and claims optimization.

UpStream Care is a Denver-based company supplying primary care physicians with technology and operational support. Its platform integrates with EMR systems like Epic and Cerner to automate care coordination, prior authorizations, and patient follow-up workflows. The service covers value-based care contracts with Medicare Advantage plans in Colorado.

UnitedHealth Group is one of the largest private health insurers and provides medical benefits to about 51 million members globally, including 1 million outside the US as of December 2024. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in medical insurance. Along with its insurance assets, UnitedHealth's Optum franchises help create a healthcare services colossus that spans everything from pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.

Molina Healthcare Inc provides medical insurance plans through Medicaid, the individual exchanges, and Medicare. The company operates in four reportable segments consisting of: 1) Medicaid; 2) Medicare; 3) Marketplace; and 4) Other. It manages health benefit risks for more than 5 million people, with more than 85% of those members coming through contracts with state governments for their Medicaid programs. Medicaid contracts in four states-California, New York, Texas, and Washington-account for over half of its enrollees.

Max Healthcare Institute Ltd is a health care service provider. The company's facilities include third-party healthcare providers with whom the company has entered long-term service contracts for providing clinical, radiology, and pathology services. Its hospitals provide the full range of services through its Outpatient, Day Care, Emergency Room, and In-Patient departments to accommodate medical specialties such as orthopedics, internal medicine, general surgery, cardiac sciences, oncology, neurosciences, and obstetrics, as well as diagnostics. The group derives revenue from India.

Oscar Health Inc is a healthcare technology company built around a full stack technology platform and a relentless focus on serving its members. It offers Individual & Family plans and health technology solutions that power the healthcare industry. Oscar operates as one segment to sell insurance to individuals, families and employees through the federal and state-run healthcare exchanges formed in conjunction with the Patient Protection and Affordable Care Act (ACA) and leverages its technology platform to provide services via its Oscar offering.

Shanghai-headquartered Ping An Good Doctor is a leading online healthcare platform and wholly-owned subsidiary of Ping An Insurance Group. Launched in August 2014 with RMB 350 million registered capital, it operates three core networks encompassing doctors, pharmaceuticals, and health information. The platform supports online consultations, multi-segment doctor-patient management, drug O2O services, electronic health records, chronic disease management, and pediatric health services. Ping An Good Doctor integrates physician resources amid China's healthcare reforms and develops vertical applications for children's health and chronic conditions. Its ecosystem positions it as a comprehensive provider of one-stop health management solutions in the mobile internet era, with services accessible via http://www.jk.cn/.

Ro is a New York-headquartered telehealth company launched in 2017. The platform offers men's health treatments through Roman, women's health via Rory, weight management with Sequence, and fertility care under Ro Fertility. Ro integrates virtual consultations with licensed providers, at-home diagnostics, and direct medication delivery from FDA-approved pharmacies in all 50 states. Its infrastructure includes proprietary fulfillment centers in Tempe and Dallas processing millions of prescriptions annually. Ro expanded into primary care with Ro Mind for mental health and Ozlo for gastrointestinal treatments.

Hims & Hers, launched in 2017, is a telehealth platform that connects patients and healthcare providers to offer treatment options for specialties like erectile dysfunction, hair loss, skin care, mental health, and weight loss. Its offerings include generic, branded, and compounded prescription drugs as well as over-the-counter medicines, cosmetics, and supplements. The platform, which has more than 2 million subscribers, is available in all 50 states and certain European markets like the UK. It includes provider networks, electronic medical records, cloud pharmacy fulfillment, and personalization capabilities. Hims does not take insurance and only accepts payments directly from customers.

Doctolib is a Paris-headquartered online booking platform serving 80,000+ practitioners across France, Germany, Italy, and expanding regions. Patients book appointments 24/7 with GPs, dentists, and therapists via app or web. The software manages agendas, teleconsultations, and prescriptions, integrating with French and German health records. Founded in 2013, it handles 100 million annual appointments.

Cerebral is a US-based telemedicine provider offering mental health care for anxiety, depression, and ADHD. Headquartered in San Francisco, it connects patients with licensed therapists and prescribers via app for medication management and therapy sessions. The platform serves all 50 states with insurance billing for Aetna and Cigna. Cerebral uses evidence-based protocols like CBT and follows APA guidelines. Launched in 2020, it expanded to couples counseling.

Sword Health is a Lisbon-headquartered digital therapeutics company offering AI-guided physical therapy for musculoskeletal and pelvic floor conditions. Patients access virtual sessions via app with motion-tracking sensors and clinician oversight. The platform supports remote recovery programs for back pain, joint issues, and postpartum care.

Noom is a digital health platform combining psychology, AI, and human coaching for wellness goals including weight management, diabetes prevention, and stress reduction. New York City-headquartered, it secured grants from the National Institutes of Health and became the first mobile app certified by the Centers for Disease Control for diabetes prevention. Noom serves millions via app-based programs with behavioral tracking and virtual coaching sessions. Recognized by Inc and Fortune for workplace culture, it operates globally with personalized nutrition and habit-building modules.

Bethesda-headquartered Aledade is a healthcare technology company that enables independent primary care practices to form and operate Accountable Care Organizations. The platform delivers practice transformation tools, revenue cycle management, and analytics to improve patient outcomes and reduce costs. Aledade supports over 1,300 physicians across 15 states, achieving Medicare savings exceeding $1 billion since 2014. The company offers upfront capital and ongoing coaching to physician partners in rural and urban areas.

Grow Therapy is a New York-headquartered online platform connecting clients with licensed mental health providers across all 50 U.S. states. It handles credentialing, billing, and insurance claims for in-network therapists, integrating with Aetna, Cigna, Medicare, Medicaid, and UnitedHealthcare among 100-plus payers. The service delivers matched referrals, business tools, peer communities, and continuing education events to independent practitioners. Supporting thousands of therapists serving over 1 million clients, Grow Therapy raised $178 million from investors including Sequoia Capital and Goldman Sachs Alternatives.