# Care Thread

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

- Industry: Healthcare IT
- Headquarters: Providence, US
- Website: www.carethread.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Jan 8, 2013)
- Investors on record: 1

## About

Care Thread provides a HIPAA-compliant mobile health platform that enhances real-time care coordination among healthcare providers through secure communication and clinical information sharing.Care Thread is a mobile health platform focused on optimizing care coordination among healthcare providers. Founded by Aaron Bhadra, Andrew Shearer, and Nick Adams, the company is headquartered in Providence, US. In April 2013, Care Thread raised USD 0.53 mn in a Seed round from Betaspring, marking its initial funding effort.Care Thread offers a HIPAA-compliant mobile health platform designed to enhance care coordination among healthcare providers in real-time. Its core solution, Care Team Mapping™, automates clinical information sharing across a patient’s care team, enabling real-time notifications for healthcare providers regarding patient-specific events, and facilitating secure communication through an end-to-end encrypted messaging system. The platform serves a diverse range of clients including hospitals, clinics, and individual practitioners primarily in the United States, aimed at improving patient care through effective communication.Care Thread generates revenue through a subscription-based model, providing access to its mobile care coordination solutions to healthcare organizations and professionals. Clients enter contractual agreements that stipulate service terms related to features and functionalities accessed. Key offerings, including the Care Team Mapping™ and Real-Time Clinical Information solutions, are essential to these agreements, with pricing tiers varying based on care team size and required service levels. This structured approach supports enhanced communication and coordination within healthcare settings.Following its most recent funding in April 2013, where Care Thread raised USD 0.525 mn, the company aims to develop new products to enhance its platform further. Plans include targeting expansion into additional markets within the US healthcare system, although specific timelines and markets have yet to be disclosed. The recent funding will support the development of these upcoming products, enabling Care Thread to improve its offerings and reach a broader client base.

## Funding rounds

- Seed, Jan 8, 2013, $0.8M — Slater Technology Fund

## Investors

- Slater Technology Fund (https://capitalatlas.ai/funds/slater-technology-fund) — Seed