Amwell’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Amwell is a web-based telehealth platform that connects patients with healthcare providers via video, phone and email. Read more

Ido Schoenberg's photo - Chairman & CEO of Amwell

Chairman & CEO

Ido Schoenberg

CEO Approval Rating

83/100

Founded:

2006

Status:

PublicNYSEAMWL

TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Teladoc Health is seen as one of Amwell's top competitors. Teladoc Health was founded in 2002, and is headquartered in Purchase, New York. Like Amwell, Teladoc Health also competes in the Health Care Technology industry. Teladoc Health generates $567.4M more revenue vs. Amwell.

MDLIVE is a top competitor of Amwell. MDLIVE was founded in 2009, and its headquarters is in Miramar, Florida. MDLIVE operates in the Application Software industry. MDLIVE has 356 fewer employees than Amwell.

Doctor On Demand is Amwell's #3 rival. Doctor On Demand was founded in San Francisco, California} in 2012. Like Amwell, Doctor On Demand also operates in the Health Care Services field. Compared to Amwell, Doctor On Demand generates $88.9M less revenue.

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Quarterly and Annual Revenue

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Annual Revenue

$148.9M

Amwell's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 177.9M.

Acquisitions

No recent acquisitions found related to Amwell

Amwell Funding History

$10M$91.2M$97M$387.6M$522.2M$614.3M$1.7B

Since Amwell was founded in 2006, it has participated in 13 rounds of funding. In total Amwell has raised $1.7B. Amwell's last funding round was on Sep 2020 for a total of $742.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Sep 2020
$742M

Corporate Round
Aug 2020
$100M
Series C
May 2020
$194M
Equity
Dec 2019
$59.9M
-
Equity
Nov 2019
$32.3M
-

Total Funding: $1.7B

Since Amwell was founded in 2006, it has participated in 13 rounds of funding. In total Amwell has raised $1.7B. Amwell's last funding round was on Sep 2020 for a total of $742.0M

Investments

No recent investments found related to Amwell

Amwell News

September 19, 2020Global Legal Chronicle

Amwell's $742 Million Initial Public Offering

Latham & Watkins LLP represented the underwriters in the offering. Amwell®, a national telehealth lea... See more »
September 18, 2020Seeking Alpha

Listen To The CEO Warning

September 18, 2020PYMNTS

Telehealth Firm Amwell Goes Public; Shares Spike 25 Pct

With telehealth exploding in popularity, Amwell went public Thursday (Sept. 17) and saw shares up 28 ... See more »
September 18, 2020The Business Journals: Boston

Telehealth firm Amwell hits Wall Street after $742M IPO

The Boston-based telehealth provider raised $742 million in an upsized initial public offering yester... See more »
September 17, 2020Forbes

Telehealth Race Kicks Into Gear As Amwell IPO Cashes In On Coronavirus Boom

Both the public and private markets are clamoring for telehealth, with venture capitalists investing ... See more »
September 17, 2020CNBC

Telehealth transformation will still take years despite pandemic boom, says Amwell co-CEO

"It's not a doc in the box in the cloud. It's basically another tool in the tool set of our trusted p... See more »

Amwell Blogs

July 16, 2020AMWELL Blog

ADHD: Online Therapy for Adult ADHD

By: Elliot H. Maruffi-Cowley, LCSWFull disclosure: I am a 39-year-old with attention deficit hyperact... See more »
July 13, 2020AMWELL Blog

The 2020 Amwell Client Awards

Congratulations to the winners of the 2020 Amwell Client Awards! As we do each year, the Amwell team ... See more »
July 10, 2020AMWELL Blog

Understanding and Coping with Grief

Grief is the way we respond to a significant loss. While we often think of it as mourning the death o... See more »
June 30, 2020AMWELL Blog

Amwell: Where We Advertise

As part of our broader marketing strategy, Amwell works to drive awareness and understanding of teleh... See more »
June 29, 2020AMWELL Blog

Coronavirus and COVID-19: The Latest Updates

Updated June 29, 2020, 6:00 p.m.Amwell will post the latest news and updates on the new coronavirus a... See more »
June 24, 2020AMWELL Blog

How providers can fine-tune their 'webside' manner in the age of COVID-19

When COVID-19 started spreading like wildfire in early March, no one realized how quickly we would be... See more »
June 15, 2020AMWELL Blog

How Norman Regional Health System Leveraged Virtual Scheduled Visits During COVID-19

Norman Regional Health System, a rural health system in Oklahoma, recognized that patients needed an ... See more »

Amwell Press Releases

March 3, 2020PR Newswire

Amwell Launches National COVID-19 Telehealth Response Program

BOSTON, March 3, 2020 /PRNewswire/ -- American Well® (Amwell), a national telehealth technology and s... See more »
September 11, 2019PR Newswire

American Well® Named to the 2019 Forbes Cloud 100

BOSTON, Sept. 11, 2019 /PRNewswire/ -- National telehealth leader American Well® announced today that... See more »
July 16, 2019PR Newswire

American Well Appoints New Executive to Lead Public Sector Growth

BOSTON, July 16, 2019 /PRNewswire/ -- American Well®, the national telehealth leader, announced today... See more »
June 17, 2019PR Newswire

Exceptional Healthcare Innovators Honored by American Well® for Digital Care Excellence

BOSTON, June 17, 2019 /PRNewswire/ -- American Well®, a leading U.S. telehealth company, today announ... See more »
December 11, 2018streetinsider

App Annie Names American Well the #1 Downloaded Telehealth Platform in the US for iOS and Android Combined

BOSTON, Dec. 11, 2018 /PRNewswire/ -- American Well®, a leading U.S. telehealth platform, today annou... See more »
September 13, 2018STREETINSIDER

American Well is Named to Forbes 2018 Cloud 100

American Well®, a leading U.S. telehealth platform, today announced it has been named to the Forbes 2... See more »
April 18, 2018PR Newswire

STRIVE Benefits and American Well Announce Record-Breaking Telemedicine Utilization Exceeding 50% in First Year of Program

OAKLAND, Calif., April 18, 2018 /PRNewswire/ -- STRIVE Benefits, the benefits communication platform ... See more »

Amwell Videos

October 18, 2019American Well Youtube Channel

"Telehealth Index: 2019 Physician Survey" on YOUTUBE

August 19, 2019American Well Youtube Channel

"amwell how to 15 vertical original" on YOUTUBE

April 5, 2019American Well Youtube Channel

"How Telestroke Enhances Patient Outcomes" on YOUTUBE

January 8, 2019American Well Vimeo Channel

"Smoking Cessation Updated December 2018" on VIMEO

Cast: American Well... See more »
April 13, 2018American Well Youtube Channel

"Amwell App Preview - iPhone" on YOUTUBE

Headquarters

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Boston, Massachusetts02109

1-855-635-1393

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Summary

ABOUT

Overview

Amwell is a web-based telehealth platform that connects patients with healthcare providers via video, phone and email. Amwell was founded in 2006. Amwell's headquarters is located in Boston, Massachusetts, USA 02109. It has raised 1.7B in 13 rounds. T...

CEO

Amwell's Chairman & CEO, Ido Schoenberg, currently has an approval rating of 83%. Amwell's primary competitors are Teladoc Health, MDLIVE & Doctor On Demand.

Website

amwell.com

Frequently Asked Questions about Amwell

  1. When was Amwell founded?

    Amwell was founded in 2006
  2. Who is Amwell's CEO?

    Amwell's CEO is Ido Schoenberg
  3. How much revenue does Amwell generate?

    Amwell generates $148.9M in revenue
  4. How much funding does Amwell have?

    Amwell has historically raised $1.7B in funding
  1. Where is Amwell's headquarters?

    Amwell's headquarters is in Boston Massachusetts, USA
  2. How many employees does Amwell have?

    Amwell has 686 employees
  3. What sector does Amwell operate in?

    Amwell is in Health Care Services, Health Care Technology
  4. Who are Amwell's competitors?

    Amwell's top competitors are Teladoc Health, MDLIVE, Doctor On Demand