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Wayspring

Wayspring

Private
Nashville, TennesseeHealthcare & Life Scienceshttps://www.wayspring.com/

Last Round

VC Round

May 21, 2024

Total Funding Raised

$43M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Wayspring is a healthcare company that provides value-based care solutions, including medical, behavioral health, and social support services, for individuals managing substance use disorder and serious mental illness.

Sector

Healthcare & Life Sciences

Verticals

Mental Health, Patient Engagement, Healthcare Analytics

Business Model

B2B2C

Customer Profile

Services & Consulting

AI Layer

Application

Keywords

value-based caresubstance use disorderSUDvbcbehavioral healthcare managementaddiction care managementrisk-sharingtotal cost of caremanaged carehealth plan solutionsbehavioral health technetwork managementcapitationPMPMsocial determinants of healthSDOH

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Caplight Momentum Score

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Wayspring Comps

Public and private peers based on sector, stage, and business model.

Wayspring comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Wayspring Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundMay 21, 2024
VC RoundSep 28, 2021
Series CFeb 27, 2020
Series BOct 25, 2016
Series AJul 20, 2015
Series A
Sep 3, 2014

Key People

Founding team and executive leadership

Carter Paine

CEO

Executive Team

Bob Waegelein

Chief Financial Officer

Executive Team

Frazer Buntin

Chief Operating Officer

Executive Team

Wayspring Investors

Notable investors and investment history

Wayspring investors
InvestorRounds
Aetna VenturesVC Round
Sandbox Advantage FundSeries B, Series C
Oak HC/FTVC Round, Series B, Series C
HLM Investment PartnersVC Round
ValtruisVC Round
HLM Investment PartnersVC Round
CVS Health VenturesVC Round

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 8, 2026

    Named a 2026 USA TODAY Top Workplaces winner.

  • Jan 13, 2026

    Launched employer-funded scholarships for employees in recovery.

Wayspring Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Wayspring Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Wayspring's valuation, stock price, and market status.

Firmographic Details

HeadquartersNashville, Tennessee
Employee Range237
Year Founded2012
Last FundingMay 21, 2024

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