# Well funding: rounds and investors

> Well has raised $45M across 3 rounds since 2012. Investors include New Enterprise Associates, General Catalyst and Venrock. Every round with its source.

Source: https://millionrounds.com/company/well (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Well*

3 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$45M** raised across 3 rounds since 2012, from 3 sources

**$1.0M** Venture **$14M** Series A **$30M** Series B

- **Latest round:** Series B, $30M Apr 2025
- **Step-up i:** 2.1×
- **Investors:** 10

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012 2014 2016 2018 2020 2022 2024

**$1.0M** Venture

**$14M** Series A

**$30M** Series B

- **First round:** Venture, $1.0M
- **Biggest round:** $30M
- **Usual gap between rounds:** 7.2 years

## The rounds

- **Apr 2025** Series B **$30M** *1 new* [General Catalyst](https://millionrounds.com/fund/general-catalyst) Source recorded
- **Apr 2019** Series A **$14M** *1 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Reported by Wsj
- **Mar 2012** Venture **$1.0M** *8 new* [Venrock](https://millionrounds.com/fund/venrock) [Accelerator Ventures](https://millionrounds.com/fund/accelerator-ventures) [Ben Ling](https://millionrounds.com/fund/ben-ling) [PivotNorth Capital](https://millionrounds.com/fund/pivotnorth) [Chris Kelly](https://millionrounds.com/fund/chris-kelly) [Ben T. Smith, IV](https://millionrounds.com/fund/ben-t-smith-iv) [Tim Stevens](https://millionrounds.com/fund/tim-stevens) Chris Tolles Reported by techcrunch.com

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2012 **Series A** 2019 **Series B** 2025 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Venrock](https://millionrounds.com/fund/venrock) [Accelerator Ventures](https://millionrounds.com/fund/accelerator-ventures) [Ben Ling](https://millionrounds.com/fund/ben-ling) [PivotNorth Capital](https://millionrounds.com/fund/pivotnorth) [Chris Kelly](https://millionrounds.com/fund/chris-kelly) [Ben T. Smith, IV](https://millionrounds.com/fund/ben-t-smith-iv) [Tim Stevens](https://millionrounds.com/fund/tim-stevens) Chris Tolles

## Everyone who backed them

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round

[Venrock](https://millionrounds.com/fund/venrock) VC firm **1** round

[Accelerator Ventures](https://millionrounds.com/fund/accelerator-ventures) VC firm **1** round

[Ben Ling](https://millionrounds.com/fund/ben-ling) Angel **1** round

[PivotNorth Capital](https://millionrounds.com/fund/pivotnorth) VC firm **1** round

[Chris Kelly](https://millionrounds.com/fund/chris-kelly) Angel **1** round

[Ben T. Smith, IV](https://millionrounds.com/fund/ben-t-smith-iv) VC firm **1** round

[Tim Stevens](https://millionrounds.com/fund/tim-stevens) Angel **1** round

Chris Tolles no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=well).

## Also claim to have backed them

These 3 firms list Well as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Maple Leaf Angels](https://millionrounds.com/fund/maple-leaf-angels) Angel network Per its own site

[Hedgewood](https://millionrounds.com/fund/hedgewood) Family office Per its own site

[Innovation Grade Ventures](https://millionrounds.com/fund/innovation-grade-ventures) VC firm Per its own site

## Quick answers about Well

### Who invested in Well?

Well's investors include New Enterprise Associates, General Catalyst, Venrock, Accelerator Ventures and Ben Ling, and 5 more on record.

### How much has Well raised?

Well has raised $45M across 3 rounds since 2012.

### When did Well last raise?

Well's most recent round was a Series B of $30M in Apr 2025.

### What was Well's biggest round?

Its most recent round, $30M in Apr 2025, is also its largest on record.

### Who backed Well first?

Well's first round on record, in Mar 2012, was backed by Venrock, Accelerator Ventures and Ben Ling and 5 others.

### What stage is Well at?

Well's latest named round is a Series B, in Apr 2025.

### Where is Well based?

Well is based in the United States.

## Companies like Well

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)

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