MAVA Member New Enterprise Associates Participates in Welltok’s $33.7M Series E

Welltok, the leading consumer health enterprise Software as a Service company, raised $33.7 million in a Series E funding round with participation from new and existing investors. In addition, the company also secured a new debt facility providing the company with $13 million of expanded borrowing capacity. The combined financing will be used for continued development of its CaféWell Health Optimization Platform™ and complementary technology-enabled healthcare service offerings, as well as expansion into new market segments.