Please tell you about your backgrounds.
Rebecca Parekh, CEO: Prior to founding The Well, I worked for Deepak Chopra as the COO for Deepak Chopra Radical Well-Being. Before that, I spent 10 years at Deutsche Bank focused primarily on structured credit, covering hedge funds and private equity firms.
Wellness was always a big part of my life though. My mom was teaching yoga in the 70s when she was pregnant with me and we would go on retreats to the Omega Institute to learn about Reiki and Tai Chi starting when I was in middle school.
I’m also half-Indian, so we spent summers in India with my dad’s family where I learned about meditation and Ayurveda.
Kane Sarhan, CCO: I was formerly the Head of Brand of Starwood Capital Group and 1 Hotels, where I was driving the launch of both new brands and oversaw all creative, strategic marketing and public relations efforts. I knew Rebecca and Sarrah socially for about 10 years. We were introduced through mutual friends and when Rebecca told me about her vision for The Well, I knew I wanted to be a part of it.
Sarrah Hallock, COO: About 10 years ago, I started experiencing health problems ranging from exhaustion, anxiety and insomnia to gaining 25 pounds over the course of a year. After almost two years of seeing numerous doctors and receiving conflicting advice, I finally saw a functional medicine doctor who diagnosed me with an autoimmune disease called Hashimoto’s Thyroiditis. This led to my passion for health and wellness. I left my job in marketing to study nutrition and wellness and started a private health coaching practice before co-founding The Well.
How did you meet?
Rebecca Parekh: I knew Kane and Sarrah socially when I started down the path of building The Well and somewhat serendipitously, we reconnected at a point where wellness was playing an increasingly important role in our lives. We were all facing similar challenges when it came to staying well and it became clear to us that there was a deep need for an integrated model like this.
How did you come up with the idea for The Well?
Rebecca Parekh: The idea for The Well first came to me in 2009. I was working long and stressful hours on a trading desk and had zero time to navigate the city’s disparate wellness offerings. That paradox — needing support more than ever, but having no bandwidth to seek it — is a universal problem for busy professionals. After a restorative visit to a holistic spa in Sedona, Arizona I was inspired to bring an integrated “destination wellness” model to an urban market.
What is the concept behind it?
Rebecca Parekh: The Well is a modern membership-based wellness club that recognizes both the benefits of Western medicine and the wisdom of Eastern healing. Our integrative medicine doctors, health coaches and skilled practitioners — from personal trainers and mindful-movement teachers to acupuncturists and bodyworkers — come together under one roof to build customized plans uniquely suited to each member’s needs and goals.