The Wound Company
Value-based wound care, delivered anywhere
Minneapolis, United States · Founded 2022 · $4.3M raised
- Headquarters
- Minneapolis, Minnesota
- Employees
- 11–50
- Founded
- 2022
- Business Model
- B2B2C
- Website
- thewound.co
- Total Funding
- $4.3M
- Last Round
- $4.3M SeedJun 2023
- Rounds
- 1
About
The Wound Company is the first value-based wound care company in the United States, delivering advanced wound and ostomy care to patients in homes, skilled nursing facilities, clinics, and hospitals nationwide. The company blends virtual telehealth visits with in-person care provided by WOCNCB-certified wound specialists, offering health plans, home health agencies, hospices, and risk-bearing providers a subcapitated or shared-savings model that reduces per-member-per-month wound care costs by an average of 58%. Its proprietary technology platform includes clinical documentation tools, EMR integration, workflow automations for billing and coding, predictive analytics for wound risk stratification, a mobile wound care app for patients, and population-level reporting dashboards. The Wound Company reports a 70% healing rate for complex wounds and a hospitalization rate below 1%.
Summary
The Wound Company is a Healthcare company based in Minneapolis, United States, founded in 2022. It has raised $4.3M in total across 1 round, most recently a $4.3M Seed round in Jun 2023. Investors include Sozo Ventures and Susa Ventures.
Tech & App Stack
1 technologies & apps tracked
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Funding History
Jun 2023
Investors
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