Trinity Capital Inc. Provides $20 Million in Growth Capital to b.well Connected Health

Rhea-AI Summary

Trinity Capital Inc. (Nasdaq: TRIN) has committed $20 million in growth capital to b.well Connected Health, a digital health platform provider. b.well's FHIR-based platform unifies healthcare data and services, offering interoperability and personalization for healthcare organizations.

The platform leverages AI capabilities to predict health risks, identify care gaps, and provide proactive health recommendations. The funding will support b.well's operational scaling and market expansion efforts, with the company focusing on simplifying healthcare access and engagement for both medical professionals and consumers.

Positive

• Secured $20 million growth capital commitment from Trinity Capital
• Platform features advanced AI capabilities for health risk prediction
• Technology enables healthcare data unification and interoperability

Negative

• None.

PHOENIX, July 30, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced the commitment of $20 million in growth capital to b.well Connected Health ("b.well").

b.well offers a FHIR-based digital health platform for healthcare organizations, providing true interoperability and personalization at scale. b.well unifies data, solutions, and services in one place - empowering providers, payers, retail pharmacies, life sciences and pharma, and healthcare technology companies to deliver frictionless, personalized healthcare experiences. The AI capabilities within the platform allow the company to predict potential health risks, identify gaps in care, and provide proactive health recommendations.

"b.well is making healthcare accessible and simple for everyone - from medical professionals to everyday consumers," said Phil Gager, Senior Managing Director, Tech Lending at Trinity Capital. "We are pleased to support this team as they work to redefine the way individuals engage with and understand their health."

This growth capital will allow b.well to scale operations and accelerate growth across key markets.

"From the beginning, Trinity Capital has believed strongly in our mission to simplify healthcare for everyone," said Kristen Valdes, founder and CEO of b.well Connected Health. "We are incredibly excited to partner with Trinity Capital for b.well's next phase of growth as we scale our solutions to engage more healthcare consumers and drive greater outcomes for the industry at large."

About Trinity Capital Inc.

Trinity Capital Inc. (NASDAQ: TRIN) is an international alternative asset manager that seeks to deliver consistent returns for investors through access to private credit markets. Trinity Capital sources and structures investments in well-capitalized growth-oriented companies across five distinct lending verticals: Sponsor Finance, Equipment Finance, Tech Lending, Asset-Based Lending, and Life Sciences. As a long-term, trusted partner for innovative companies seeking tailored debt solutions, Trinity Capital has deployed more than $4.3 billion across over 400 investments since inception in 2008 (As of March 31, 2025). Headquartered in Phoenix, Arizona, Trinity Capital's dedicated team is strategically located across the United States and Europe. For more information on Trinity Capital, please visit trinitycapital.com and stay connected to the latest activity via LinkedIn and X (@trincapital).

About b.well Connected Health

b.well Connected Health is solving healthcare's fragmentation problem. b.well's scalable, FHIR-based platform unifies all healthcare data, solutions, and services in one place — empowering healthcare organizations to offer their consumers personalized and relevant experiences. b.well enables the creation of longitudinal health records so healthcare consumers can receive proactive health insights, and conveniently shop and access care for themselves and their loved ones. b.well's Connected Health Platform integrates within existing digital systems, enhancing technology investments and ensuring consumers are the heart of every interaction. Learn more at bwell.com.

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SOURCE Trinity Capital Inc.

FAQ

What is the size of Trinity Capital's (TRIN) investment in b.well Connected Health?

Trinity Capital (TRIN) has committed $20 million in growth capital to b.well Connected Health.

How will b.well Connected Health use the funding from Trinity Capital (TRIN)?

The growth capital will be used to scale operations and accelerate growth across key markets.

What technology does b.well Connected Health's platform use?

b.well uses a FHIR-based digital health platform with AI capabilities that unifies data, solutions, and services for healthcare organizations.

Who are the key executives involved in the Trinity Capital (TRIN) and b.well deal?

Phil Gager, Senior Managing Director of Tech Lending at Trinity Capital, and Kristen Valdes, founder and CEO of b.well Connected Health, were the key executives mentioned in the deal.

What capabilities does b.well's AI technology offer?

The AI technology can predict potential health risks, identify gaps in care, and provide proactive health recommendations.