Fundraising Fox

Element3 Health

Boston, US · Founded 2018 · 39 employees on LinkedIn · 1 known investors

Element3 Health offers Grouper, a program that connects older adults through in-person clubs, live and on-demand virtual instructor-led classes, brain-health challenges, and members-only online events to encourage activity, social connection, and healthier living. It targets the aging and wellness market for seniors.

Founders & leadership

DW
Doug WennersChief Executive Officer
DN
David NorrisChief Executive Officer
JL
Jonathan LaneNamed on SEC filing

Board

SS
Steve ShulmanBoard director
LL
Lawrence LeisureBoard director
SM
Spencer MorganBoard director
JG
JD GhelfiBoard director
KG
Ken GouletBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$37.6M disclosed across 4 rounds · 2022–2025

$2.9MraisedSep 2025 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Spencer MorganDirector
  • JD GhelfiDirector
  • Doug WennersExecutive Officer, Director
  • Jonathan LaneDirector
  • Ken GouletDirector
  • Steve ShulmanDirector
Offering amount
$5M
Amount sold
$2.9M
First sale
Sep 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$18.6MraisedOct 2024 · 12 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Lawrence LeisureDirector
  • Ken GouletDirector
  • Steve ShulmanDirector
  • Doug WennersExecutive Officer, Director
  • JD GhelfiDirector
  • Spencer MorganDirector
Offering amount
$23.6M
Amount sold
$18.6M
First sale
Oct 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10.2MraisedJul 2024 · 10 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Steve ShulmanDirector
  • Lawrence LeisureDirector
  • Doug WennersExecutive Officer, Director
  • Ken GouletDirector
  • Spencer MorganDirector
  • JD GhelfiDirector
Offering amount
$13.5M
Amount sold
$10.2M
First sale
Jul 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6MraisedJul 2022 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ken GouletDirector
  • Jonathan LaneDirector
  • Lawrence LeisureDirector
  • Steve ShulmanDirector
  • Spencer MorganDirector
  • David NorrisExecutive Officer, Director
  • JD GhelfiDirector
Offering amount
$11.3M
Amount sold
$6M
Proceeds to insiders
$1.1M
First sale
Jun 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Element3 Health do?
Element3 Health offers Grouper, a program that connects older adults through in-person clubs, live and on-demand virtual instructor-led classes, brain-health challenges, and members-only online events to encourage activity, social connection, and healthier living. It targets the aging and wellness market for seniors.
Who are Element3 Health's investors?
Element3 Health's investors include New Enterprise Associates (NEA).
How much funding has Element3 Health raised?
Element3 Health has disclosed $37.6M raised across 4 rounds.
Where is Element3 Health headquartered?
Element3 Health is headquartered in Boston, US.