Investing
The Florida startup connects college and nursing students with seniors who need help with tasks or someone to talk to.
Earlier this summer, the company announced plans to expand into new markets in 2021 and to add small-business plans in certain areas.
Also: Hospital and health system software maker Olive closes $106 million; Ready's tech-enabled on-demand home care locks up $54 million.
The startup will use the funding to help expand its platform of patient communication and digital care solutions.
Funding will enable the company to expand its app for chronic joint pain to the US and further across Europe.
Initially, Amwell planned to sell 35 million shares between $14 and $16 with up to 5.2 million additional shares for underwriters.
The company offers virtual care visits, virtual outpatient pathways and a tech platform for doctors to conduct virtual visits.
The company has raised a lifetime total of $50 million.
With these funds, the telehealth company said it will be expanding platform and launching new supporting products and services.
Plus: Amazon says Halo to the wearable space.