not less but better
Helps phone over-users reclaim time for what is really important to them.
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 80 % | - |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Wellspent is a technology company that specializes in screen time management and user engagement solutions. The company operates in the digital wellness market, targeting health-positive app developers who aim to enhance user productivity and well-being. Wellspent's core product is a software development kit (SDK) that integrates easily into existing apps, allowing developers to set up in minutes. The SDK includes a nudging engine that locks distracting apps and redirects users to more productive activities within the health-positive app. Users can customize which apps and times they want to replace social media scrolling with more beneficial activities.
Wellspent's business model is B2B (business-to-business), generating revenue through licensing fees for its SDK. The company serves app developers who prioritize user well-being and seek to increase user engagement by promoting healthier screen time habits.
By offering a unique combination of screen time management and user engagement technology, Wellspent addresses the growing concern of unproductive screen time and provides a solution that benefits both app developers and end-users.
Keywords: screen time management, user engagement, health-positive apps, digital wellness, SDK, productivity, app developers, B2B, nudging engine, customizable.