Welltok is named to the Forbes 2017 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world, published by Forbes in collaboration with Bessemer Venture Partners. Welltok, the leading consumer health enterprise SaaS company, ranked #85 and is one of only six health innovators on the list.
“Welltok is a transformational company and an obvious addition to the list. The company is leveraging emerging technologies and data to create a degree of personalization that is market-leading across any industry segment. It is exciting to see the enormous value that Welltok is delivering to health plans, large employers, Medicare programs, and most importantly, individual health consumers.”
“Welltok is honored to be recognized by Bessemer Venture Partners, Forbes and Salesforce Ventures as a top 100 private cloud company in the world,” said Michelle Snyder, chief marketing officer for Welltok. “Welltok is one of only a handful of healthcare companies on the list, thanks our market-leading CaféWell Health Optimization Platform and technology-enabled services, including advanced analytics and multi-channels communications. We are proud to be recognized for our innovative solutions that enable and empower consumers to achieve their optimal health.”
As part of the rigorous selection process for the Forbes 2017 Cloud 100, Forbes’ data partner, Bessemer Venture Partners, received hundreds of submissions from the top cloud startups. With that data, the Forbes Cloud 100 judge panel, made up of a majority of public cloud company CEOs, was then responsible for selecting and ranking the top 100 companies from all over the world. The evaluation process involved four factors: estimated valuation (30%), operating metrics (20%), people & culture (15%) and market leadership (35%), which the judge panel then weighed to select, score and rank the winners.
“Our inaugural Cloud 100 list showed the tech and venture capital community just how many standout private cloud companies there are to watch, and this year’s list is no exception,” said Forbes editor of the Cloud 100 list Alex Konrad. “Forbes has a keen eye for businesses, and combining that with Bessemer Venture Partners and Salesforce Ventures’ deep knowledge of the cloud industry, any company’s inclusion on the Forbes 2017 Cloud 100 list is cause to celebrate.”
“These companies are leading the cloud technology revolution!” said Byron Deeter, a top cloud investor and partner at Bessemer Venture Partners. “The founders and teams behind the Forbes 2017 Cloud 100 companies are of another caliber and we are beyond excited to celebrate the hard work and enormous value these companies are creating as they propel the trillion-dollar software industry forward.”
“The business opportunity for cloud computing is tremendous as the spend on cloud computing and the rate of adoption continues to grow and advance the ecosystem,” said John Somorjai, EVP Salesforce Ventures and Corporate Development. “We’re thrilled to highlight the potential of these top-tier private companies in the field and see where they take their businesses and the economies around the world.”
The Forbes 2017 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100 and will appear in the July 27, 2017 issue of Forbes magazine.
Erica Sniad Morgenstern