Wellbeats’ Von Bank Honored by LFE Capital
Posted: July 18, 2022 in Suppliers
Wellbeats
MINNEAPOLIS, MN – Wellbeats, a LifeSpeak company, announces Wellbeats President and LifeSpeak COO, Jason Von Bank, has been honored by LFE Capital as a recipient of LFE Capital’s Award of Excellence. LFE Capital has a tradition of honoring portfolio company executives at its annual meeting. It recognizes exceptional accomplishments and acknowledges the courage, energy and fortitude it takes to be a builder of businesses.
LFE Capital has honored Von Bank for his leadership at Wellbeats, a LifeSpeak company, where he has exhibited the collaboration, commitment and creativity that LFE values from portfolio company CEOs.
Under Von Bank’s leadership, Wellbeats’ recurring revenues grew fivefold with gross margins of over 90%. Wellbeats has delivered over 1,000 classes accessible to consumers of all ages and ability levels, touching over 2.3 million lives. The company also doubled its number of employees and diversified its management team, including adding more women to the c-suite and rebranding Wellbeats to appeal more to its predominately female userbase.
Wellbeats and Von Bank have received numerous industry awards and recognition along the way, including this year’s EY Heartland Entrepreneur of the Year. Earlier this year, Wellbeats was acquired by LifeSpeak, a leading mental health and total wellbeing education platform.
