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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

PayPal Expands Stablecoin to 70 Markets, Enhancing Accessibility

PayPal's new stablecoin launch facilitates broader global access for users.Highlights: PayPal introduces stablecoin to 70 global markets.This move...

Finastra appoints Chris McClellen as Global Head of AI

McClellen aims to enhance Finastra's AI capabilities and solutions.Highlights: Finastra names Chris McClellen as Global Head of AI.McClellen...

Mastercard Strengthens Presence with $1.8 Billion BVNK Acquisition

Acquisition aims to enhance Mastercard's stablecoin capabilities.Highlights: Mastercard acquires BVNK for $1.8 billion.The deal will enhance Mastercard's stablecoin...

CFIT Strengthens Digital Identity Solutions for Businesses

New regulations aim to streamline company verification processes.Highlights: CFIT has introduced measures for improved digital identities.Changes aim to...