WellFount Obtains $15,000,000 New Funding Round

  • Feed Type
  • Date
    3/28/2014
  • Company Name
    WellFount
  • Mailing Address
    5751 W 73rd St. Indianapolis, IN 46278 USA
  • Company Description
    The InSite Remote Dispensing System is the first medication management system designed to meet the unique challenges of long-term care facilities like yours. It enables timely, pharmacist-approved, on-demand medication dispensing right at your facility.
  • Website
    http://www.wellfount.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    With these amounts, Wellfount will possess sufficient working capital to continue to expand the portfolio of long term care facilities in which its innovative pharmacy solution is implemented.
  • M&A Terms
  • Venture Investor