# Carepoynt

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

- Industry: Healthcare IT
- Headquarters: Newport Beach, US
- Website: http://www.carepoynt.com
- Latest round: Seed (Dec 1, 2017)
- Investors on record: 3

## About

Carepoynt, LLC is a health and wellness rewards program that incentivizes users to engage in healthy behaviors through a mobile application, offering rewards for activities that promote better health.Founded in 2015 and headquartered in Newport Beach, US, Carepoynt, LLC specializes in enhancing health engagement through its rewards program. The company has engaged in four deals, with the latest funding round occurring on October 4, 2018, raising USD 5 mn. The founders, Leslie Sheary, Priyank Bansal, and Tim Stanley, have collectively contributed to the company's direction, with Tim Stanley currently serving as CEO.Carepoynt operates a comprehensive rewards program designed to enhance health and wellness engagement among users. The core product, the Carepoynt App, is available on both Apple iOS and Android platforms. Users can earn points (Poynts) by participating in healthy activities such as attending medical appointments and maintaining fitness. The platform also allows for redeeming Poynts for various rewards, including spa treatments and charitable donations. Carepoynt caters to individual consumers, businesses, and healthcare providers, targeting markets across the United States.Carepoynt generates revenue through partnerships with healthcare providers, businesses, and retailers. The company utilizes a subscription-based model for businesses offering the rewards program to employees, while individual users interact with the app directly. This creates a transactional relationship where businesses and organizations pay for access to the platform, enhancing health improvement initiatives among users and corporate clients alike.Following its most recent funding round in October 2018, where Carepoynt raised USD 5 mn, the company plans to leverage these funds to enhance its platform and develop new product offerings. Additionally, Carepoynt aims to expand into new markets across the United States, targeting areas with increasing demand for health and wellness programs. Specific details regarding upcoming product launches or geographic focuses have not been disclosed.

## Funding rounds

- Seed, Dec 1, 2017 — Shepherd Ventures, Tech Coast Angels, Harvard Business School Alumni Angels

## Investors

- Shepherd Ventures (https://capitalatlas.ai/funds/shepherd-ventures) — Seed
- Tech Coast Angels — Seed
- Harvard Business School Alumni Angels — Seed