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element3health.com

Founded Year

2014

Stage

Series A | Alive

Total Raised

$9.25M

Last Raised

$6M | 3 mos ago

About Element3 Health

Element3 Health, fka GroupWorks, addresses the proven combination of physical, mental, and social activity to improve the health and wellness among 50-plus adults through an activity-based model. The company was founded in 2014 and is based in Denver, Colorado.

Element3 Health Headquarters Location

1550 Wewatta St

Denver, Colorado, 80202,

United States

1-844-296-7968

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Expert Collections containing Element3 Health

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Element3 Health is included in 2 Expert Collections, including Mental Health Tech.

M

Mental Health Tech

1,252 items

This collection includes companies applying technology to problems of emotional, psychological, and social well-being. Examples include companies working in areas such as substance abuse, eating disorders, stress reduction, depression, PTSD, and anxiety.

D

Digital Health

13,114 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

Latest Element3 Health News

Element3 Health And The End Loneliness Initiative Join Forces With City Of Los Angeles To Combat Isolation And Loneliness Among LA's Older Adults

Aug 31, 2020

Element3 Health And The End Loneliness Initiative Join Forces With City Of Los Angeles To Combat Isolation And Loneliness Among LA's Older Adults - End Loneliness Initiative to address rising social isolation among older adults during COVID. Author: Aug 31, 2020 10:45 AM EDT LOS ANGELES, Aug. 31, 2020 /PRNewswire/ -- The City of Los Angeles Department of Aging and Element3 Health today jointly announced the launch of the End Loneliness Initiative, a collaboration aimed at curtailing the rise of social isolation and loneliness in older adults that is growing in the face of ongoing "shelter in place" measures. Loneliness and isolation had been a significant factor in older adults' health before COVID-19 and has been exacerbated by the ongoing crisis. The initiative seeks to correct and prevent a rise in loneliness, particularly among older adults, who are expected to be hardest hit by continued "shelter in place" measures. As a founding partner of the End Loneliness Initiative, the City of Los Angeles Department of Aging will help provide free solutions to provide meaningful, safe social connections for the region's 1.2 million older adults. As a leading expert in providing meaningful social connections for older adults, Element3 Health spearheaded the initiative to proactively address the loneliness epidemic. The initiative is focused on providing individuals with free access to meaningful social connections centered around activities that they enjoy. Too many other efforts are well-intended but only offer standardized formats which do not address individual interests, talents and hobbies that compel people to become and stay engaged. "To protect themselves against the rising number of COVID-19 cases in Los Angeles, older adults find themselves increasingly cut off from their friends, families and communities. This has put them at increased risk of social isolation, loneliness and depression. The End Loneliness Initiative could not have come at a better time," said Laura Trejo, general manager of the City of Los Angeles Department of Aging. "We are excited to work with the End Loneliness Initiative to provide older adults with social activities that they enjoy and can do from home." Social isolation and loneliness carry the same health risk as smoking 15 cigarettes a day and is associated with an increased risk of premature death. Stay at home and social distancing measures created a new urgency to what had been a growing problem. "As devastating as COVID-19 is, formidable health consequences are still looming on the horizon," said Element3 Health chairman and CEO David Norris. "Active, healthy older adults have been finding themselves socially isolated, physically inactive and alone. If we don't do something now, a 'second pandemic' of heart disease, cancer and other loneliness and isolation-related illnesses will hit us in the years to come." The Los Angeles Department of Aging was drawn to the Initiative's commitment to address social isolation and loneliness by creating engaging connections between older adults. The 1.2 million older adults in the region includes 20,000 retirees of the City of Los Angeles, who are part of the Los Angeles City Employees Retirement System (LACERS). "LACERS is looking forward to integrating this program into its retiree wellness program, LACERS Well, to bring more opportunities of social engagement and connectedness to its retirees," said Neil Guglielmo, LACERS General Manager. Julianne Holt-Lunstad, professor of Psychology and Neuroscience at Brigham Young University, whose research helped establish a definitive link between loneliness and declining health, said people who have strong social connections are as much as 50% less likely to die over a given period of time than those who have weaker social bonds. "Interventions to tackle this health problem should be as paramount as smoking cessation, physical fitness and nutrition interventions," she said. In this current climate, those interventions are few and far between, which is why the End Loneliness Initiative is focused squarely on solutions that motivate older adults to join and participate. As part of the End Loneliness Initiative, Element3 Health is marshalling resources to provide all older adults in the nation, starting with Los Angeles, free access to virtual social and activity clubs. These virtual clubs are designed to connect older adults based on their shared passions in activity clubs that meet virtually on a safe and easy-to-use platform. Virtual chess, embroidery, dance, tai chi and other clubs are helping older adults stay healthy and socially connected, while maintaining the physical distance necessary to preserve their health and the health of their peers. "The urgency of the moment requires immediate action," Norris said. "We couldn't wait for someone else to do this, so we and our supporters are addressing this issue today. We applaud the City of Los Angeles for taking this proactive step with us." Other coalition members include the Global Coalition on Aging, Homethrive and Home Instead. Agencies, companies and organizations interested in helping older adults during this crisis by joining the End Loneliness Initiative can contact endloneliness@element3health.com . About the End Loneliness InitiativeThe End Loneliness Initiative is a coalition of health industry leaders, healthy-aging experts and others who are dedicated to ending social isolation and loneliness in older adults. Launched during the height of the 2020 COVID-19 pandemic, the initiative aims to provide older adults with safe ways to connect socially and improve the quality of life for people who are homebound, have limited mobility or are "sheltering at home."   http://endlonelinessinitiative.com/ About Element3 HealthElement3 Health is a healthcare solution provider for social isolation, loneliness and inactivity. By engaging people around their passions, Element3 Health increases their physical, social and mental activity in a way that is effective and enduring. Physical, social and mental activity are the three most powerful elements of health. Combining them into one cohesive solution, Element3 Health tackles the $75 billion of unnecessary healthcare spending associated with physical, social and cognitive decline. The company's GroupWorks engagement platform supports the company's robust network of social and activity clubs across more than 100 different types of passions nationwide. https://element3health.com View original content: http://www.prnewswire.com/news-releases/element3-health-and-the-end-loneliness-initiative-join-forces-with-city-of-los-angeles-to-combat-isolation-and-loneliness-among-las-older-adults-301121066.html

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  • When was Element3 Health founded?

    Element3 Health was founded in 2014.

  • Where is Element3 Health's headquarters?

    Element3 Health's headquarters is located at 1550 Wewatta St, Denver.

  • What is Element3 Health's latest funding round?

    Element3 Health's latest funding round is Series A.

  • How much did Element3 Health raise?

    Element3 Health raised a total of $9.25M.

  • Who are the investors of Element3 Health?

    Investors of Element3 Health include Elements Health Ventures and Paycheck Protection Program.

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