CareAdvisors
Latest round
- Seed
Last raised
- Sep 2020
Total raised
- Undisclosed
Investors
- 4
About CareAdvisors
CareAdvisors focuses on enhancing social care management through technology solutions.CareAdvisors specializes in the automation of social care management services, focusing on the seamless integration of government benefits and community-based services into healthcare settings. The company’s core offerings include a Social Care Automation tool designed to facilitate rapid enrollment of patients into essential social service programs such as Medicaid and SNAP, thereby addressing various social care needs. Their technology enhances the efficiency of hospitals and clinical social workers in connecting patients with valuable resources, while enabling health plans to focus on preventive care and reduce overutilization of services.CareAdvisors generates revenue through B2B partnerships primarily with hospitals, health plans, and community-based organizations, focusing on improving patient access to social service benefits. The company’s revenue model includes transaction-based fees associated with their flagship products such as the Active Payments solution, which aids in identifying high-risk patients for enrollment in care coordination programs. These transactions are structured around performance-based metrics, where clients benefit from enhanced revenue streams derived from value-based payments linked to patient outcomes. Additionally, CareAdvisors is targeting expansion into new geographic regions, including further penetration into metropolitan areas across the US by the end of 2023, to broaden its impact on vulnerable populations.
Who invested in CareAdvisors
4 investors across 2 rounds
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Questions about CareAdvisors
Who invested in CareAdvisors?
CareAdvisors has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has CareAdvisors raised?
CareAdvisors has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did CareAdvisors last raise money?
CareAdvisors's most recent round on record is a Seed, in Sep 2020.
What does CareAdvisors do?
CareAdvisors focuses on enhancing social care management through technology solutions.
Where is CareAdvisors headquartered?
CareAdvisors is headquartered in Chicago, US.
Which VCs invest in companies like CareAdvisors?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at CareAdvisors's stage. Their profiles are linked below.
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