Wellsheet Raises $3.8M Series A Funding Round

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July 1, 2020

Wellsheet Raises $3.8M Series A Funding Round

Wellsheet Inc., a Newark, N.J.-based Electronic Health Record (EHR) experience company for health systems, raised $3.8M in Series A funding.

The round was led by SpringTide Investments, with participation from BioAdvance and Newark Venture Partners. Healthcare executives Dr. John Glaser and Dr. Georgia Papathomas will join Wellsheet’s Board of Directors.

The company, which had earlier raised $2.2M from angels and seed-stage funds, including Real Life Innovations, intends to use the funds to continue to expand operations and its development efforts.

Led by Craig Limoli, CEO, founder, and Chairman of the Board of Directors, Wellsheet provides a predictive clinical workflow platform that uses the FHIR API standards to work within an existing EHR to surface the most relevant content for physicians in a view that is contextualized and prioritized for their needs. Its AI-powered workflow is integrated with EHRs to reduce a physician’s time in the EHR, lessening burnout and improving the quality of patient care. The SaaS-based offering is deployed in large healthcare providers.

Customers include over 40 hospitals to date.