# CareAlign

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

- Industry: Healthcare IT
- Headquarters: Philadelphia, US
- Website: www.carealign.ai
- Total disclosed funding: $3.3M
- Latest round: Seed (Nov 30, 2021)
- Investors on record: 9

## About

CareAlign, Inc. is a healthcare technology company focused on enhancing care coordination among providers, particularly for underserved populations, through its innovative platform designed to improve communication and task management in patient care.Founded in 2018 and headquartered in Philadelphia, US, CareAlign, Inc. specializes in providing a platform that streamlines healthcare coordination. The company has raised USD 2.30 mn in a SEED funding round in November 2021, led by Hoffman Associates, with participation from other investors including Boston Millennia Partners and Gaingels. Brendan McCorkle is the founder of the company, alongside Subha Airan-Javia, who serves as CEO.CareAlign offers a healthcare technology platform that enhances care coordination among healthcare providers, particularly focusing on underserved communities. The primary product, CareAlign, facilitates shared tasks and dynamic care planning among care teams, allowing clinicians to efficiently manage patient data across various locations and electronic health record systems. By addressing the challenges of fragmented care, CareAlign promotes effective collaboration among providers, targeting community health organizations and healthcare systems in urban areas of the US.CareAlign operates on a model that facilitates accessibility and collaboration in healthcare, primarily generating revenue through partnerships with community-based organizations. These organizations utilize the CareAlign platform to enhance care delivery, with services offered free of charge, thereby supporting equitable healthcare initiatives. Transactions typically involve contractual agreements, allowing organizations to integrate CareAlign without direct costs, focusing instead on improving patient outcomes.As of November 2021, CareAlign plans to utilize the recent USD 2.30 mn funding to strengthen its sales force and enhance its technology offerings. The funding aims to further validate its care coordination platform in acute care settings by reducing clinician time spent in electronic health records and improving patient outcomes. The company's strategic vision includes expanding into new markets, with a specific focus on community health organizations in urban settings by 2023, thereby fostering greater healthcare accessibility for underserved populations.

## Funding rounds

- Seed, Nov 30, 2021, $2.3M — Boston Millennia Partners, Tech Council Ventures, DreamIt Ventures, Harvard Angels, Gaingels, Front Row, Hoffman Associates
- Seed, Jul 29, 2020, $1M — Boston Millennia Partners, Tech Council Ventures, Ben Franklin Technology Partners, Longview Innovation, DreamIt Ventures, Front Row

## Investors

- Boston Millennia Partners (https://capitalatlas.ai/funds/boston-millennia-partners) — Seed
- Tech Council Ventures (https://capitalatlas.ai/funds/tech-council-ventures) — Seed
- Ben Franklin Technology Partners (https://capitalatlas.ai/funds/ben-franklin-technology-partners) — Seed
- Longview Innovation (https://capitalatlas.ai/funds/longview-innovation) — Seed
- DreamIt Ventures (https://capitalatlas.ai/funds/dreamit-ventures) — Seed
- Front Row (https://capitalatlas.ai/funds/front-row) — Seed
- Harvard Angels — Seed
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Seed
- Hoffman Associates — Seed