Tech Company Financing Transactions
Welltory Funding Round
Welltory, based in Downtown Redwood City, raised $3 million in funding from Braavo Capital.
Transaction Overview
Company Name
Announced On
9/26/2024
Transaction Type
Debt
Amount
$3,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to invest into its strategic product and market growth.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
541 Jefferson Ave 100
Downtown Redwood City, CA 94063
USA
Downtown Redwood City, CA 94063
USA
Phone
Undisclosed
Website
Email Address
Overview
Our engineering strategy made a huge leap when AI started becoming mainstream. Welltory's co-founder and my close friend of 20 years, Pavel Pravdin, already knew what it meant for us and our future. In a year, he's turned himself into a generative AI expert, truly embodying the spirit of innovation that drives us. He spearheaded projects like engineering a proprietary LLM collaboration platform for AI production and personally rolled out new AI-first product features.
Management Team
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