Investment Summary

Eight Roads Invests In Wellframe

On January 1, 2017, private equity firm Eight Roads invested in internet software and services company Wellframe

Investment Highlights
  • This is Eight Roads’ 31st transaction in the Internet Software and Services sector.
  • This is Eight Roads’ 65th transaction in the United States.
  • This is Eight Roads’ 21st transaction in Massachusetts.
Investment Fate
  • Wellframe was sold to a strategic buyer in 2021.

Investment Summary

Date 2017-01-01
Target Wellframe
Sector Internet Software and Services
Investor(s) Eight Roads
Deal Type Venture

Target

Wellframe

Boston, Massachusetts, United States
Wellframe is a developer of consumer-facing and user-friendly mobile application that delivers personalized content and facilitates seamless connectivity to health plan staff. Wellframe was founded in 2011 and is based in Boston, Massachusetts.

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Investor(S) 1

Investor

Eight Roads

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1969
PE ASSETS 11.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Eight Roads is a private investment firm focused on a variety of investment opportunities across the US, Europe, and Asia. The Firm is divided into several investment strategies including venture, principal investing, and real estate. Within the principal investments group, Eight Roads backs established growth businesses with long-term capital. Eight Roads does not have any sector preferences, but has experience in fintech, business services, and healthcare. Eight Roads is based in London.


DEAL STATS #
Overall 145 of 293
Sector: Internet Software and Services M&A 31 of 60
Type: Venture M&A Deals 124 of 266
State: Massachusetts M&A 21 of 33
Country: United States M&A 65 of 119
Year: 2017 M&A 10 of 38
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 Haici Technology

Guangzhou, China

Haici Technology is a mobile platform for hospitals to connect patients, optimise hospital visits and streamline admin workflow. Haici Technology was founded in 2014 and is based in Guangzhou, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-01 ForceShield

Palo Alto, California, United States

ForceShield is a dynamic security provider to the IoT industries. ForceShield’s solutions help manufacturers, system integrators and OEM build protection into IoT devices, OT networks, web and mobile application clouds, and bring secure IoT products quickly and safely to market. ForceShield was founded in 2016 and is based in Palo Alto, California.

Buy -