# AlayaCare

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alayacare

- Industry: Healthcare IT
- Headquarters: Montreal, Canada
- Website: www.alayacare.com
- Total disclosed funding: $279M
- Latest round: Series D (Jun 23, 2021)
- Investors on record: 10

## About

Founded in 2014 and based in Toronto, Canada, AlayaCare Inc. develops an online solution that supports and manages staff and services patient's lifecycle for various health institutions. The company serves as the parent company for organizations that include Procura, Arrow, CIMS, and AcuteNet. The company was founded by CEO Adrian Schauer. In February 2026, AlayaCare Inc. raised USD 50 million in venture debt funding from CIBC Innovation Banking.

The company's product is a cloud-based home health care software called AlayaCare Cloud with functions that include clinical documentation, back-office functionality, client and family portals, and mobile care worker functionality. It also offers AlayaCare Profura, a software that focuses on managing and automating health institution's business processes by providing solutions such as automated staff scheduling, handling of financial & billing processes, and documentation processing through its mobile application.

The company's revenue is generated by a subscription-based service targetting health institutions.

The company plans to utilize the February 2026 funding to drive ongoing growth, seek out strategic mergers and acquisitions, and make additional investments in its technology to enhance its influence throughout Canada, the US, and internationally.

## Funding rounds

- Series D, Jun 23, 2021, $183M — Inovia Capital, CDPQ, Investment Quebec, Generation Investment Management, Klass Capital
- Series C, Jan 3, 2020, $37M — Inovia Capital, CDPQ
- Series C, Jul 2, 2019, $39M — Inovia Capital, CDPQ, Investment Quebec
- Series B, Aug 7, 2018, $14M — Chrysalis Ventures, Inovia Capital, Fonds Innovexport
- Seed, Nov 24, 2015, $3.6M — Hedgewood, RecapHealth Ventures
- Seed, Jan 7, 2015, $2.4M — Klass Capital, Maple Leaf Angels

## Investors

- Klass Capital (https://capitalatlas.ai/funds/klass-capital) — Seed, Series D
- Maple Leaf Angels — Seed
- Hedgewood — Seed
- RecapHealth Ventures (https://capitalatlas.ai/funds/recaphealth-ventures) — Seed
- Chrysalis Ventures (https://capitalatlas.ai/funds/chrysalis-ventures) — Series B
- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Series B, Series C, Series D
- Fonds Innovexport (https://capitalatlas.ai/funds/fonds-innovexport) — Series B
- CDPQ — Series C, Series D
- Investment Quebec (https://capitalatlas.ai/funds/investment-quebec) — Series C, Series D
- Generation Investment Management (https://capitalatlas.ai/funds/generation-investment-management) — Series D