Caremerge

Healthcare ITSeries AChicago, UScaremerge.com

Latest round

Series A

Last raised

Jan 2015

Total raised

$6.1M

Investors

6

About Caremerge

Caremerge, Inc.Founded in 2010 in Chicago, US, Caremerge, Inc. focuses on providing health record and engagement solutions for senior living communities. The company’s founders are Asif Khan and Fahad Aziz, with Nancy Koenig serving as the CEO.Caremerge specializes in providing comprehensive electronic health record (EHR) and engagement solutions tailored specifically for the senior living industry. Their core offerings include a resident engagement platform, family communication tools, and electronic medication administration record (eMAR) solutions, which enhance communication and coordination among residents, families, and care staff. These products facilitate real-time updates and interaction, thereby improving the overall quality of care and engagement within communities.0 on May 18, 2022, and complies with the ONC Certification Criteria for Health IT, meeting rigorous health information standards.S.Caremerge operates on a subscription-based revenue model, primarily serving B2B clients within the senior living sector. The company generates revenue through partnerships with senior living operators who integrate Caremerge’s EHR and engagement solutions into their facilities. These transactional relationships involve customized pricing plans based on the specific needs of the communities, encompassing costs associated with onboarding, licensing, and ongoing support for their software products.Caremerge plans to expand its product offerings and geographic reach by developing new solutions that cater to emerging needs within the senior living space.S. and Canada. The acquisition by Echo Health Ventures indicates a strategic direction towards greater investment in product innovation and market expansion.

Who invested in Caremerge

6 investors across 2 rounds

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Funding rounds

  1. Series A

    Jan 6, 2015

    Amount

    $4M

    Investors

    Locked

  2. Series A

    Jul 11, 2013

    Amount

    $2.1M

    Investors

    Locked

Questions about Caremerge

Who invested in Caremerge?

Caremerge has 6 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 Caremerge raised?

Caremerge has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Caremerge last raise money?

Caremerge's most recent round on record is a Series A, in Jan 2015.

What does Caremerge do?

Caremerge is a healthcare it company.

Where is Caremerge headquartered?

Caremerge is headquartered in Chicago, US.

Which VCs invest in companies like Caremerge?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Caremerge's stage. Their profiles are linked below.

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