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American Well revenue
American Well's revenue is $254.4 million.
What is American Well's revenue?
- American Well's revenue growth from 2019 to 2024 is 70.88%.
- American Well has 812 employees, and the revenue per employee ratio is $313,256.
- American Well's peak quarterly revenue was $79.2M in 2022(q4).
- American Well peak revenue was $277.2M in 2022.
- American Well annual revenue for 2023 was 259.0M, -6.55% growth from 2022.
- American Well annual revenue for 2024 was 254.4M, -1.81% growth from 2023.
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American Well historical revenue
American Well's peak revenue was $277.2M in 2022. The peak quarterly revenue was $79.2M in 2022(q4).
American Well's revenue increased from $148.9m in 2019 to $254.4M currently. That's a 70.88% change in annual revenue.
American Well annual revenue
American Well annual revenue over time
| Fiscal year / year | American Well revenue |
|---|---|
| 2019 | $148.9M |
| 2020 | $245.3M |
| 2021 | $252.8M |
| 2022 | $277.2M |
| 2023 | $259.0M |
| 2024 | $254.4M |
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American Well annual growth
American Well saw the greatest revenue growth in 2020, when revenue increased by 64.77%.
American Well had the lowest revenue growth in 2021, when revenue changed by 3.07%.
American Well annual growth rate over time
| Year | American Well growth |
|---|---|
| 2020 | 65%↑ |
| 2021 | 3%↑ |
| 2022 | 10%↑ |
| 2023 | -7%↓ |
| 2024 | -2%↓ |
American Well quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
American Well quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2020 | - | - | $62.6M | $60.4M |
| 2021 | $57.6M | $60.2M | $62.2M | $72.8M |
| 2022 | $64.2M | $64.5M | $69.2M | $79.2M |
| 2023 | $64.0M | $62.4M | $61.9M | $70.7M |
| 2024 | $59.5M | $62.8M | $61.0M | $71.0M |
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American Well financial information
| CEO | Ido Schoenberg |
| Company Type | Public |
| Employees Number | 812 |
| Date Founded | 2006 |
| Headquarters | Boston, Massachusetts |
| Number of Locations | 2 |
| Revenue | $254.4M |
| Net Income | -$270,429,000 |
| Gross Proft | $99.0M (2024) |
| Tax Rate | -0.0% |
| Total Assets | $1,217,557,000 |
| Ticker | AMWL |
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American Well financing
American Well received early financing of $31.8M on 2007-03-20.
| Series | Round size | Date |
|---|---|---|
| Series A | $31.8M | 03/2007 |
| Series B | $23.1M | 10/2008 |
| Debt Financing | $10M | 10/2009 |
| Series C | $81M | 12/2014 |
| Series Unknown | $5M | 08/2015 |
| Corporate Round | $290.6M | 07/2018 |
| Series C | $75.4M | 07/2018 |
| Series C | $194M | 05/2020 |
| Corporate Round | $100M | 08/2020 |
| Post Ipo Equity | $55.0M | 08/2021 |
American Well investors
| Investors | Security type |
|---|---|
| Anthem, Inc. | Series C |
| Jefferson Health System | Series C |
| Inventure Partners | Series Unknown |
| Waterline Ventures | Series Unknown |
| Philips | Corporate Round |
| Allianz X | Corporate Round |
| Deval Patrick | Series C |
| Chetrit Ventures | Series C |
| Inventure Partners | Series C |
| Takeda Ventures Inc | Series C |
| Cito Ventures | Series C |
| SV Health Investors LLC | Series C |
| McKesson Ventures LLC | Series C |
| Allianz X | Series C |
| Echo Health Ventures | Series C |
| regal.tech | Corporate Round |
American Well competitors
American Well's top competitor, Gilead Sciences, earned an annual revenue of $28.8B.
American Well's smallest competitor is Truth Initiative with revenue of $37.5M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Varian Medical Systems | $104,569 | $3.2B | 10,000 | 22 |
| Intuitive Surgical | $113,813 | $8.4B | 5,527 | 305 |
| Boston Scientific | $60,291 | $16.7B | 36,000 | 901 |
| Neurocrine Biosciences | $78,232 | $2.4B | 400 | 383 |
| Gilead Sciences | $99,828 | $28.8B | 11,800 | 646 |
| Intersect ENT | $67,446 | $106.7M | 393 | - |
| Medivation | $94,135 | $1.0B | 628 | - |
| Hospira | $64,435 | $4.5B | 19,000 | - |
| Truth Initiative | $44,058 | $37.5M | 236 | 15 |
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Zippia gives an in-depth look into the details of American Well, including salaries, political affiliations, employee data, and more, in order to inform job seekers about American Well. The employee data is based on information from people who have self-reported their past or current employments at American Well. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by American Well. The data presented on this page does not represent the view of American Well and its employees or that of Zippia.
American Well may also be known as or be related to American Well, American Well Corp and American Well Corp.