Sharecare Announces $20 Million Investment, Brings Total Funding to $160 Million
ATLANTA, April 8, 2015 – Sharecare, a comprehensive digital health and wellness engagement platform, today announced it has closed a $20 million investment from Wellington Management Company LLP. This latest growth round of financing will support Sharecare’s expansion plans, including the development and delivery of innovative mobile products and services to help people optimize their health.
Additionally, Trinity Health, one of the nation’s largest health care systems – and a recognized leader in health care information technology and the delivery of innovative, high quality, nonprofit health care – further expanded their partnership with Sharecare by making a $5 million direct investment in the company. Trinity initially invested in Sharecare in 2013, through their participation in the Heritage Healthcare Innovation Fund; and in 2014, launched a system-wide partnership with Sharecare to provide Trinity’s communities and patients with a personalized, localized engagement platform.
Since its founding in 2010, Sharecare has raised a total of $160 million in financing, partnering with a diverse group of strategic investors, including media companies like Discovery Communications, Harpo Productions and Hearst Corporation; high-growth technology investment firms such as Claritas Capital; and hospitals and healthcare investment firms, in particular, HCA (NYSE:HCA), Trinity Health and the Heritage Healthcare Innovation Fund.
Sharecare is a health and wellness engagement platform that provides people with personalized resources to help them live their healthiest lives. Nearly 40 million people have shared more than 5 billion data points about their health status and habits with Sharecare, which uses that information to create a comprehensive health profile allowing users to access all of their health resources in one place, and dynamically connect to the knowledge, evidence-based programs and health professionals they need. Created by Jeff Arnold and Dr. Mehmet Oz in 2010, Sharecare’s predictive and personalized platform is accessed daily by millions of consumers, including viewers of The Dr. Oz Show, patient populations of the country’s leading hospital systems and every Soldier in the United States Army.
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