Welltory: $3 Million Credit Facility Closed To Invest In Expansion

By Amit Chowdhry ● Sep 28, 2024

Welltory, a leading all-in-one personalized health and wellness app, announced it has closed a $3 million credit line with Braavo Capital. This funding will enable Welltory to invest deeper into its strategic product and market growth to become the preventative and people-centric care category leader.

Welltory already enables people to understand their wellness data and make personalized, smarter choices for healthier living. And with Braavo Capital’s support, Welltory can push the boundaries of science and technology even further, advancing its mission through new algorithms, AI innovations, and impactful research — all aimed at building an ecosystem that helps 100 million people measurably improve their health.

KEY QUOTES:

“We are thrilled to expand our partnership with Welltory as they continue their journey towards becoming a dominant force in the wellness space. As a long-time financing partner since 2018, we have seen Welltory grow its subscription app business to over 10 million users and were eager to lead their latest round of funding. This $3 million commitment underscores our belief in the team and their vision.”

-Mark Loranger, CEO of Braavo Capital

“This funding from Braavo Capital is a crucial milestone in our growth strategy. With their support, we can amplify our efforts to bring cutting-edge wellness solutions to millions of users worldwide, making preventative and user-centric care accessible to all.”

-Welltory CEO Jane Smorodnikova

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