Itochu, Qualcomm, Hearst, Catholic Health Initiatives, TriZetto and IBM are all set to exit the health plan platform developer.

Health plan provider Virgin Pulse has agreed to pay an undisclosed sum to acquire Welltok, a US-based healthcare management software developer backed by a range of corporate investors.

Welltok runs a health-based software platform that uses data analytics to create personalised healthcare plans for individuals. Its offering is intended to complement Virgin Pulse’s existing platform with more analytics and multi-channel communications capabilities.

Conglomerate Itochu took part in a $75m series E2 round for Welltok in 2018 featuring Future Fund…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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