5 SaaS Startups in the Wellness Industry

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in the Wellness industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 5 VC funded SaaS startups in the Wellness industry.

Booksy

A SaaS platform for company administration serves as the foundation of Booksy, a marketplace for locating, booking, and managing appointments in the beauty industry. Through the use of everyone's favorite indispensable accessory—their mobile phone—it establishes a handy and simple link between clients and their health and beauty professionals. By enabling access to their constantly updated appointment books at any time of the day or night, Booksy enables company owners to digitally manage their appointments, customer database, and ultimately their valuable time. Beauty customers may book and pay directly from Instagram, Facebook, Google, Yelp, or their Booksy app, and they have access to services, price, and availability whenever and wherever they choose. California's San Francisco is the home of Booksy, which was established in 2013.

Company details:
Founders:
Konrad Howard, Stefan Batory
Founded:
2013
Based in:
San Francisco, California, United States
Website:
Booksy
Industries:
Enterprise Resource Planning (ERP), Marketplace, Mobile Apps, Mobile Payments, Payments, Point of Sale, SaaS, Software, Wellness
Latest funding:
$70,000,000
Series C
27 January 2021
Total funding:
$118,700,000
Investors
Industry Ventures, Investible, OpenOcean, VNV Global, Piton Capital

MyBenefits Technolgoies

MyBenefits provides businesses with a flexible and scalable way to standardize wellness programs, flexible benefits, and employee discounts across all markets. Through an intuitive admin interface, HR teams and managers may control access, assign awards, track use, and alter the material that is presented. MyBenefits may activate hundreds of employee discounts in any market, anywhere, with a single request. Due to the fact that they are employed by a company, employees get access to an app based on their work ID and are qualified to take advantage of exclusive discounts, offers, and events.

Company details:
Founders:
Karl McGowan, Sherif Zaki
Founded:
2019
Based in:
Dubai, Dubai, United Arab Emirates
Industries:
Human Resources, Mobile Apps, SaaS, Software, Wellness
Latest funding:
$780,000
Seed
10 May 2021
Total funding:
$780,000
Investors
Musaab Hakami, Edge Global Holding, Turki AlJeaid

TCARE

TCARE’s Medicaid-approved, SaaS platform reduces caregiver burnout and delays nursing home placement. TCARE’s evidence-based predictive technology saved Washington State Department of Social and Health Services over $10M in a 2,300-caregiver pilot by delaying nursing home admissions by 18-24 months. TCARE enables family caregivers to keep their loved ones at home longer. TCARE’s aging-in-place enterprise SaaS solution partners with government and healthcare entities. TCARE uses its scientifically-validated algorithms to create an individualized care plan, which reduces stress and burnout of caregivers and allows their loved ones to age in place.

Company details:
Founders:
Ali Ahmadi, Linda Miller, Mike Mings, Nate Moore, Vijay Anand
Founded:
2014
Based in:
Saint Louis, Missouri, United States
Website:
TCARE
Industries:
Elder Care, Health Care, InsurTech, Retirement, SaaS, Wellness
Latest funding:
$17,000,000
Series A
8 September 2022
Total funding:
$17,850,000
Investors
gener8tor, Arch Grants, National Institutes of Health, SixThirty, Plug and Play

Three Good

Three Good With the rise of anxiety, depression, and loneliness at the workplace, Three Good's vision is to enable businesses to mitigate the problems that lead to employee turnover. An HCM platform as SaaS was designed to ensure employee mental wellbeing through the three most critically overlooked areas of engagement: cause, care, community engagement. The platform delivers proven mental wellness insights and analytics for Human Resources to help their employees thrive while making a lasting impact for good.

Company details:
Founders:
Braven Greenelsh
Founded:
2019
Based in:
Los Angeles, California, United States
Website:
Three Good
Industries:
Analytics, Human Resources, SaaS, Wellness
Latest funding:
$2,500,000
Seed
27 September 2021
Total funding:
$3,075,000
Investors
Charles Huang, Pete Mare

Yourney.io

We are a digital coaching platform that enhances the quality of life for your employees and their capacity to propel your business to new heights. We assist coaching, the most efficient method for quickening the acquisition of crucial competencies.

Company details:
Founders:
Martin Mac-clure, Nicolas Morales
Founded:
2021
Based in:
Santiago, Region Metropolitana, Chile
Website:
Yourney.io
Industries:
Corporate Training, Human Resources, Personal Development, SaaS, Training, Wellness
Latest funding:
$800,000
Seed
1 February 2022
Total funding:
$800,000
Investors
Invexor Venture Partners

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