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Healthcare social network firm Welltok raises $2.5M

Fri, 08/20/2010 - 7:33am
Mass High Tech: The Journal of New England Technology

Welltok Inc., a Madison, Conn.-based social network that connects consumers with health plans, has raised $2.5 million of a planned $4 million financing round, according to a regulatory filing.

The total planned $4 million financing consists of $3 million in Series A preferred stock and $1 million in common stock, the filing with the U.S. Securities and Exchange Commission notes. The $2.5 million currently raised consists of $1.5 million in Series A preferred stock and the $1 million in common stock issued.

Welltok has developed CafeWell as its solution to connecting consumers with health plans and with other people who share health interests.

The company’s Collaboration platform is designed to provide sales and quoting, enrollment, customer service, renewal assistance and treatment options via online chat, video chat, file sharing and desktop sharing, according to the Welltok website.

 

 

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