Over the years, there has been a lot of talk about how we can optimize human performance without making things too complex. Ensuring a simplistic approach happens to be more important than one might think. You see, by doing so, we are able to construct better accessibility, therefore giving maximum people a fair crack at growth. Now, while benefits of it are well-known around the block, executing these ambitions in a practical setting remained challenging for a long time. On every occasion we would encounter some hiccup or the other that used to render the attempt ineffective. However, this changed drastically when technology appeared on the surface. All of a sudden, every single individual had an opportunity to put-together their unique bid for progression. In fact, the creation didn’t just keep itself to catering individual needs, but it actually went out and transformed entire sectors. One such sector that technology made a big impact on was our healthcare industry. Having developed tremendously under the creation’s stewardship, the medical sector is still pushing towards a better future. It is pursuing the said goal by building upon our reinvented perception of healthcare. An example to testify for industry’s modified priorities comes through Wheel’s recent funding.
Wheel, a virtual care provider, has officially raised $150 million in a recently-concluded Series C round. According to certain reports, Lightspeed Venture Partners and Tiger Global co-led the round, while Coatue, Salesforce Ventures, CRV, Tusk Venture Partners, and Silverton Partners joined in as close participants. Taking Wheel’s total funding over $216 million, the latest cash injection is expected to facilitate the company’s intention of offering virtual-first care, which the patients can access at any time and from anywhere. Up until now, we have seen most companies putting their chips on telehealth, but that approach evidently has some glaring limitations. For instance, when seeking medical care through telehealth frontier, we don’t acknowledge how every condition requires a different response. Hence, constructing a virtual-first care system makes sense because what it does revolves around an accommodating environment, thus setting the stage to treat all conditions in the most efficient way possible.
“And just as importantly, a virtual-first care approach helps match patients to the best clinician for their care need — whether it’s an RN, primary care physician or specialist. Virtual-first care is a more efficient way to approach care delivery while simultaneously upholding quality of care,” said Michael Davey, CEO of Wheel.
To handle the overall scale up in an organized manner, Wheel also plans on doubling its 150 employees-big workforce before the end of 2022.
