Wellable Acquires MyLifeWell to Enhance Employee Wellness Solutions
Wellable has officially acquired MyLifeWell assets, expanding its employee wellness offerings for a diverse customer base.
In a significant move to bolster its presence in the employee wellness space, Wellable has acquired the assets of MyLifeWell, a corporate wellness platform. This strategic acquisition will allow customers of MyLifeWell to integrate into Wellable’s comprehensive employee well-being and engagement technology.
Integration of Wellness Resources
The merger combines the strengths of both companies, each dedicated to enhancing various aspects of employee wellness. As part of this transition, former MyLifeWell customers will gain access to Wellable's extensive offerings, which include wellness challenges, a rich content library, and a broad array of services designed to promote well-being.
About MyLifeWell
Founded in 2020, MyLifeWell designed a platform that encompasses resources for physical, mental, social, and emotional health. Their services feature on-demand classes, guided meditation sessions, nutrition tracking, wellness challenges, health assessments, and management of incentives.
Among the organizations that utilized MyLifeWell's platform are the National Association of Realtors, Kids in Need of Defense, and CCS Global Tech, showcasing the positive impact of their offerings on diverse sectors.
Enhanced Offerings for Customers
As MyLifeWell’s clients transition to Wellable, they will enjoy access to a selection of on-demand fitness, mindfulness, and nutrition classes, along with a wider range of challenge options. Wellable’s platform encompasses an array of features, such as rewards and recognition systems, personalized coaching, lifestyle spending accounts, benefits navigation, and both virtual and on-site services. These enhancements align with Wellable’s commitment to providing a holistic approach to employee well-being, surpassing the core wellness content that MyLifeWell previously offered.
Statements from Leadership
Nick Patel, the CEO of Wellable, expressed enthusiasm about the acquisition, stating,
“We are thrilled to support the next chapter for MyLifeWell and welcome their customers to the Wellable community. MyLifeWell built a thoughtful, holistic approach to employee wellness, and we look forward to delivering best-in-class and effective well-being and engagement programs for their clients.”
Gaurav Goomer, Founder and CEO of MyLifeWell, highlighted the synergy between the two companies, saying,
“MyLifeWell was created to give employees one place to support every dimension of their wellness. We are excited to find a partner in Wellable with a similar vision and a proven commitment to employee well-being.”
A Commitment to Employee Well-Being
This acquisition allows Wellable to significantly expand its customer base while ensuring a smooth transition for organizations previously using MyLifeWell. It also allows these organizations to enjoy a wider range of services under one roof, establishing a seamless experience for employers and employees alike.
Wellable caters to organizations of various sizes with personalized wellness programs, educational resources, coaching, and live events. Their comprehensive services are designed to assist companies in fostering employee health and engagement in the workplace through a combination of innovative technology, engaging content, and direct support services.
