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Home Deal Announcements

Welltory Closes $3MM Credit Facility from Braavo Capital

byBrianna Wilson
September 30, 2024
in Deal Announcements

Welltory, an all-in-one personalized health and wellness app, closed a $3 million credit line with Braavo Capital. The funding will empower Welltory to invest deeper into its strategic product and market growth._x000D_
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“We are thrilled to expand our partnership with Welltory as they continue their journey towards becoming a dominant force in the wellness space,” Mark Loranger, CEO of Braavo Capital, said. “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.”_x000D_
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“This funding from Braavo Capital is a crucial milestone in our growth strategy,” Jane Smorodnikova, CEO of Welltory, said. “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.”

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