# Care Technology Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/care-technology-systems

- Industry: Software
- Headquarters: Nashville, US
- Website: www.caretechsys.com
- Total disclosed funding: $0.7M
- Latest round: Series A (Jul 18, 2013)
- Investors on record: 1

## About

Care Technology Systems develops cloud-based analytics solutions that enhance caregiving experiences for older adults, providing essential data insights that empower families and caregivers in decision-making.Founded in 2011 and headquartered in Nashville, US, Care Technology Systems offers innovative solutions aimed at improving the caregiving process. The company has completed 2 deals, with its most recent funding round being a Series A on July 18, 2013, raising USD 0.71 mn from Abstraction Ventures. The company has consistently focused on senior living providers in the United States.Care Technology Systems specializes in the Support Score™, a cloud-based analytics solution designed to improve caregiving for older adults and their families. By leveraging sensors and resident activity data, Support Score™ generates a comprehensive score that reflects individual care needs. This tool not only assists families and caregivers in making informed decisions but also accommodates both community-wide applications and individual resident needs, facilitating transitions and promoting independent living for seniors.The company generates revenue through tiered software packages based on the number of community units and features utilized by clients, primarily engaging in B2B transactions with senior living communities and healthcare facilities. Clients subscribe to the Support Score™ service, which is customized to specific needs, allowing organizations to access valuable data analytics that enhance caregiving efficiency and service quality.With the recent Series A funding of USD 0.71 mn raised in July 2013, Care Technology Systems plans to further develop its Support Score™ service and expand its market presence. The company aims to introduce new product features tailored to the evolving needs of senior living providers. Additionally, targeted expansions into new geographic regions within the United States are planned to enhance service accessibility, leveraging the recent funding to support these initiatives.

## Funding rounds

- Series A, Jul 18, 2013, $0.7M — Abstraction Ventures

## Investors

- Abstraction Ventures (https://capitalatlas.ai/funds/abstraction-ventures) — Series A
