{"id":2084,"date":"2022-01-19T08:00:26","date_gmt":"2022-01-19T08:00:26","guid":{"rendered":"https:\/\/learn.brightbreaks.com\/learn\/?p=2084"},"modified":"2024-03-05T15:27:30","modified_gmt":"2024-03-05T15:27:30","slug":"well-health-invests-250000-in-bright-breaks-and-forms-a-strategic-alliance","status":"publish","type":"post","link":"https:\/\/learn.brightbreaks.com\/learn\/blog\/well-health-invests-250000-in-bright-breaks-and-forms-a-strategic-alliance\/","title":{"rendered":"WELL Health Invests $250,000 In Bright Breaks And Forms A Strategic Alliance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2084\" class=\"elementor elementor-2084\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dfb471c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dfb471c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9738136\" data-id=\"9738136\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-67180e7 elementor-widget elementor-widget-image\" data-id=\"67180e7\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"682\" src="\&quot;https:\/\/brightbreaks.com\/learn\/wp-content\/uploads\/2023\/01\/2-1024x682.jpg\&quot;" class=\"attachment-large size-large wp-image-2085\" alt=\"\" srcset="\&quot;https:\/\/brightbreaks.com\/learn\/wp-content\/uploads\/2023\/01\/2-1024x682.jpg" 1024w, https:\ \ learn.brightbreaks.com\ learn\ wp-content\ uploads\ 2023\ 01\ 2-300x200.jpg 300w, https:\ \ learn.brightbreaks.com\ learn\ wp-content\ uploads\ 2023\ 01\ 2-768x512.jpg 768w, https:\ \ learn.brightbreaks.com\ learn\ wp-content\ uploads\ 2023\ 01\ 2-1536x1024.jpg 1536w, https:\ \ learn.brightbreaks.com\ learn\ wp-content\ uploads\ 2023\ 01\ 2-1280x853.jpg 1280w, https:\ \ learn.brightbreaks.com\ learn\ wp-content\ uploads\ 2023\ 01\ 2.jpg 2000w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \ />\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e19966e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e19966e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bed1c9b\" data-id=\"bed1c9b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-92803cc elementor-widget elementor-widget-text-editor\" data-id=\"92803cc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"\" data-mobiledoc=\"{&quot;version&quot;:&quot;0.3.2&quot;,&quot;atoms&quot;:[[&quot;soft-return&quot;,&quot;&quot;,{}],[&quot;soft-return&quot;,&quot;&quot;,{}],[&quot;soft-return&quot;,&quot;&quot;,{}],[&quot;soft-return&quot;,&quot;&quot;,{}]],&quot;cards&quot;:[],&quot;markups&quot;:[[&quot;strong&quot;],[&quot;a&quot;,[&quot;href&quot;,&quot;https:\/\/betakit.com\/well-health-launches-venture-arm-announces-investment-in-bright\/&quot;]],[&quot;a&quot;,[&quot;href&quot;,&quot;www.choosebright.com&quot;]],[&quot;a&quot;,[&quot;href&quot;,&quot;https:\/\/www.gallup.com\/workplace\/336941\/wellbeing-engagement-paradox-2020.aspx&quot;]],[&quot;a&quot;,[&quot;href&quot;,&quot;https:\/\/www.gallup.com\/workplace\/320108\/ways-leaders-improve-engagement-wellbeing.aspx&quot;]],[&quot;a&quot;,[&quot;href&quot;,&quot;https:\/\/news.gallup.com\/businessjournal\/141800\/price-poor-wellbeing.aspx&quot;]]],&quot;sections&quot;:[[1,&quot;p&quot;,[[0,[],0,&quot;Canada\"><div><p>Canada&#8217;s largest publicly traded healthcare IT company, <strong>WELL Health Technologies, recently invested $250,000 in equity funding in Bright Breaks.<\/strong> This is WELL Health\u2019s first investment through their newly-launched corporate investment arm \u2013 WELL Ventures.<\/p><p>Along with their investment,<strong> WELL Health also entered into a strategic alliance with Bright Breaks. <\/strong>WELL Health will use and sub-license Bright\u2019s service to the WELL Network and distribution channels.<\/p><p>Bright Breaks&#8217; service, a corporate virtual well-being subscription product called Bright Pass, allows members to access live, interactive classes in:<\/p><ul><li>Yoga<\/li><li>Meditation and mindfulness<\/li><li>Fitness<\/li><li>Nutrition and cooking<\/li><li>Expert-led keynotes on finance, sleep, and more<\/li><\/ul><p>Bright Breaks and WELL Health have established a revenue-share agreement in relation to any revenue generated through WELL Health by Bright Breaks&#8217; subscription product. <strong>As part of their strategic alliance, Bright Breaks will also have access to Well Health\u2019s own technology and resources.<\/strong><\/p><p>Founded in 2010, WELL Health owns and operates software and telehealth services across Canada and the United States. They also own a portfolio of primary healthcare facilities.<\/p><p>WELL Health has a long history of investing in digital health companies like Bright Breaks. Some of their previous investments include Toronto&#8217;s INSIG, Phelix.ai, Pillway, and Twig Fertility. All of WELL\u2019s previous investments will be moved to WELL Venture\u2019s portfolio.<\/p><p><strong>WELL Ventures focuses on and invests in companies that could be in a synergistic relationship with them. WELL Health\u2019s chairman and CEO, Hamed Shahbazi, <a href=\"https:\/\/betakit.com\/well-health-launches-venture-arm-announces-investment-in-bright\/\" target=\"_blank\" rel=\"noopener\">commented<\/a>:<\/strong><\/p><p>\u201cWe generally don\u2019t invest in a company unless A) We believe that there\u2019s existing synergy with WELL, and then, B) We think that potentially we could increase our involvement.\u201d<\/p><p>With the support of WELL Health and other investors, <strong>Bright Breaks has raised one million dollars to promote their mission to inspire and prioritize employee well-being across the world <\/strong>with their subscription product, Bright Pass.<\/p><p>Since the COVID-19 pandemic started, the well-being of people everywhere has suffered dramatically. <strong>Employee well-being in particular has hit an all-time low since the 2008 recession. <\/strong>(1)<\/p><p>A decline in well-being affects employees\u2019 relationships with their job. Research shows that a drop in well-being also leads to a drop in engagement. (2) \u00a0Poor employee well-being also costs employers 37% more per person in healthcare expenses on average. (3)<\/p><p><strong>With Bright Pass, employers can tackle the well-being crisis by giving them access to over 250 virtual well-being classes per week. <\/strong>Since all Bright Breaks are live, it can also help reconnect employees to their teams and replace \u201cwater cooler\u201d moments lost with work from home models.<\/p><p>Bright Breaks recently opened a new studio in Vancouver and hired new class educators to expand their world-class well-being content. Bright Pass members now have an even more accessible class schedule and a wider variety of content.<\/p><p>WELL Health\u2019s alliance and $250,000 investment will support Bright Breaks in continuing to expand their outreach \u2013 their goal is to have one million employees around the world enhancing their well-being with weekly Bright Breaks by 2025. <strong>This will lead to a healthier and happier workforce that has the vitality they need to thrive in their roles.<\/strong><\/p><p>What would better engagement and lower healthcare costs mean for your team?<\/p><p>Click on the link below to find out how Bright Breaks can help.<\/p><p><strong><a href=\"http:\/\/www.brightbreaks.com\" target=\"_blank\" rel=\"noopener\">Learn More<\/a><\/strong><\/p><p>Sources:<\/p><ol><li><a href=\"https:\/\/www.gallup.com\/workplace\/336941\/wellbeing-engagement-paradox-2020.aspx\" target=\"_blank\" rel=\"noopener\">https:\/\/www.gallup.com\/workplace\/336941\/wellbeing-engagement-paradox-2020.aspx<\/a><\/li><li><a href=\"https:\/\/www.gallup.com\/workplace\/320108\/ways-leaders-improve-engagement-wellbeing.aspx\" target=\"_blank\" rel=\"noopener\">https:\/\/www.gallup.com\/workplace\/320108\/ways-leaders-improve-engagement-wellbeing.aspx<\/a><\/li><li><a href=\"https:\/\/news.gallup.com\/businessjournal\/141800\/price-poor-wellbeing.aspx\" target=\"_blank\" rel=\"noopener\">https:\/\/news.gallup.com\/businessjournal\/141800\/price-poor-wellbeing.aspx<\/a><\/li><\/ol><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Canada&#8217;s largest publicly traded healthcare IT company, WELL Health Technologies, recently invested $250,000 in equity funding in Bright Breaks. This is WELL Health\u2019s first investment through their newly-launched corporate investment arm \u2013 WELL Ventures. Along with their investment, WELL Health  <\/p>\n<div class=\"readmore-link\"><a href="\&quot;https:\/\/brightbreaks.com\/learn\/blog\/well-health-invests-250000-in-bright-breaks-and-forms-a-strategic-alliance\/\&quot;">Read more<\/a><\/div>\n","protected":false},"author":7,"featured_media":2085,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[17,14],"tags":[],"class_list":["post-2084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-employee-engagement","category-wellness"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>WELL Health Invests $250,000 In Bright Breaks And Forms A Strategic Alliance - Workplace Wellness Platform | Bright Breaks<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/learn.brightbreaks.com\/learn\/blog\/well-health-invests-250000-in-bright-breaks-and-forms-a-strategic-alliance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WELL Health Invests $250,000 In Bright Breaks And Forms A Strategic Alliance\" \/>\n<meta property=\"og:description\" content=\"Canada&#8217;s largest publicly traded healthcare IT company, WELL Health Technologies, recently invested $250,000 in equity funding in Bright Breaks. 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