# Carallel

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

- Industry: Healthcare
- Headquarters: Lake Forest, US
- Website: www.carallel.com
- Total disclosed funding: $8.2M
- Latest round: Series A (Nov 7, 2022)
- Investors on record: 6

## About

Based in Illinois, US, and founded in 2017, Carallel, LLC provides digital tools and expert guidance which help to identify and empower caregivers. In December 2022, the firm raised USD 8.2 million in Series A funding led by investor FCA Venture Partners, with participation from other investors 450 Ventures, Create Health Limited, Gratitude Railroad, LOUD Capital, and Wanxiang Healthcare Investments. The company was co-founded by Hillary Ebach and John Banta. As of 2022, the company is headed by its CEO Shara Cohen.

The company offers caregiver support solutions that help to identify the caregiver, engage them productively, and empower them to perform efficiently. Additionally, the firm provides My CareAdvocate which is a team of care advocates that solve problems, coach, and implement caregiver support plans and solutions via phone, email, and chat to provide. Furthermore, the company offers My CareDesk which is a digital health platform that supports caregivers. 

The company plans to use the funding to launch its new program, including NextBlue of North Dakota, Priority Health, and Vermont Blue Advantage.

## Funding rounds

- Series A, Nov 7, 2022, $8.2M — Gratitude Railroad, LOUD Capital, Wanxiang Healthcare Investments, Create Health Limited, FCA Venture Partners, 450 Ventures

## Investors

- Gratitude Railroad — Series A
- LOUD Capital (https://capitalatlas.ai/funds/loud-capital) — Series A
- Wanxiang Healthcare Investments (https://capitalatlas.ai/funds/wanxiang-healthcare-investments) — Series A
- Create Health Limited — Series A
- FCA Venture Partners (https://capitalatlas.ai/funds/fca-venture-partners) — Series A
- 450 Ventures — Series A