Wisconsin-based The Wound Company provides wound and ostomy care through both in-person and virtual care. Launched from stealth in 2023, the company's on-demand solution integrates predictive analytics and multi-channel communications, enabling patients to connect with clinicians via email, text, video chat, phone, or in-person visits for complex cases. The company claims its solution results in 60% faster healing of wounds, a 75% reduction in ER visits, 90% of Stage I/II ulcers resolving without the need for advanced treatment, and 15%–20% lowered costs for wound and ostomy patients.
Beyond consultations, The Wound Company provides value-added services, including clinical reporting, customer data integration, a user-friendly app, educational resources, remote patient monitoring, and workflow automation. Through partnerships with health plans and healthcare providers, the company operates on a B2B2C model. While virtual services are available nationwide, in-person care is currently limited to select states.
Funding and financials
In June 2023, the company emerged from stealth, raising USD 4.25 million in a seed funding round co-led by Sozo Ventures and Susa Ventures. The funds were set aside to expand the company’s geographical footprint in delivering in-person services, as well as the growth of its headcount of 25 and the refinement of its product offerings.
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