Business
eWellness Signed Equity Investment Agreement with TRITON FUNDS for $1.5 Million to Support & Expand the Company’s Marketing & Sales Initiatives
eWellness Signed Equity Investment Agreement with TRITON FUNDS for $1.5 Million to Support & Expand the Company’s Marketing & Sales Initiatives.
About this update from Ewellness Healthcare Corp
[{"type":"text","content":"\nCulver City, CA, June 26, 2018 (GLOBE NEWSWIRE) -- eWellness Healthcare Corporation – (OTCQB: EWLL) – a provider of the state of the art PHZIO platform for the physical therapy (PT) and telehealth markets, announced today that it has signed an Equity Investment Agreement with TRITON FUNDS for $1.5 million that will support the company’s expanded marketing & sales initiatives. More details on this investment may be found in our public filings.\n “We are very excited to receive our first equity investment from TRITON FUNDS for $1.5 million that will provide working capital to advance our existing sales and marketing efforts,” said Darwin Fogt, CEO of EWLL. “eWellness Healthcare aims to revolutionize an industry that focuses on solving bad posture from years of sitting; back and joint pain is an increasing debilitation among millennials and the experience between patients and health experts has been inefficient.” said Nathan Yee, co-founder of TRITON FUNDS. “EWLL has made impact on easing transaction costs and fixing a glaring epidemic that many of us face.” About eWellness eWellness Healthcare Corporation (OTCQB: EWLL) is the first physical therapy telehealth company to offer insurance reimbursable real-time distance monitored treatments. Our business model is to license our PHZIO (“PHZIO”) platform to any physical therapy (“PT”) clinic in the U.S. and/or have large-scale employers use our PHZIO platform as a fully PT monitored corporate wellness program. The PHZIO home physical therapy exercise platform has been designed to disrupt the $30 billion physical therapy and the $8 billion corporate wellness industries. PHZIO re-defines the way physical therapy can be delivered. PHZIO is the first real-time remote monitored 1-to-many physical therapy platform for home use. Due to the real-time patient monitoring feature, the PHZIO platform is insurance reimbursable. For more information on eWellness go to: http://www.ewellnesshealth.com/ http://phzio.com/ http://prehabpt.com/ About TRITON FUNDS LLC TRITON FUNDS LLC is a student-run fund-manager founded by undergraduates from the University of California, San Diego. TRITON FUNDS provides students the invaluable opportunity to gain real-world experience investing alongside experienced financial professiona...