Monday, November 12, 2007

Wellocities Got$1 Million In Vcs Funding

What Company Is Offering:
Wellocities was founded in 2007 and was created to improve the lives of Canadians with chronic conditions. By allowing people to share health experiences, it is our hope that others will choose wisely. Almost all of us know of some one who has been touched by illness and has had to cope with it everyday for the rest of their lives. Unfortunately, not everyone has the social circle to help them manage their condition. Wellocities missions is to help patients and caregivers find health information and services, monitor health conditions and most importantly learn from others on similar health tracks.
The site is set up as an information-sharing social network. So the majority of the info you’ll find is through blog posts written by other users. There are also group discussions you can participate in, and a search tool for finding facilities and doctors near you. Being based in Toronto, this search tool isn’t widespread yet, but Wellocities has indicated that it will be expanding to the states and beyond very soon.
How Much They Got From VCs:
The Canada-based health site, has raised $1 million in seed investment from XDL Capital Group, which has also incubated the site for the past year.
How It Worls:

There’s a section of your own account where you can add your own feeds, bookmarks, discussion topics and resources to provide a mini, all-encompassing resource for health issues that matter to you. These will display on your public profile where other users can benefit from your resources as well.
When you first create an account, you’ll have the option of choosing an icon that best represents how you feel today, and a box for entering a textual description of what’s going on. This will be kept in a chart that chronicles your daily wellness, which you can access and zoom in on for specifics. The downfall of this chart is that it’s not yet fully connected with much of anything else offered on the site. It’s not searchable, and it’s not tied in with any of the other resources found throughout Wellocities. I’d even go so far as to suggest that these could have the option of being made public or shareable, for those that would want to include these in a discussion with other users or perhaps their doctor, similar to a system offered by Phreesia.
More At:http://wellocities.com/

1 comment:

deshy said...

Ajay:

Thanks for the post on Wellocities. We really think that this will make a difference to those with chronic conditions.

In terms of your comments on the 'chart', we intentionally pulled a lot of this functionality out for the first version. Our test group seemed a little overwhelmed with the possibilities and capabilities of the site. You have to remember the demographics of this group are not the traditional Web 2.0 people we are used to.

Nonetheless, it is good to see that your vision is similar to where we are going with this application. As they say...stay tuned.

Thanks for the post and keep up the great work!

Amol Deshpande MD MBA
Chief Medical Officer
Wellocities