# CareTree

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

- Industry: Healthcare IT
- Headquarters: Chicago, US
- Website: www.caretree.me
- Latest round: Seed (Feb 22, 2013)
- Investors on record: 1

## About

CareTree offers advanced care management and patient advocacy software designed to enhance communication among caregivers, patients, and families. Its platform addresses caregiving challenges identified through user research, streamlining processes and improving outcomes.CareTree, founded in 2013 and headquartered in Chicago, US, specializes in care management solutions. The company was established by Carl Hirschman, who serves as the CEO. CareTree raised Seed financing from Tigerlabs Ventures in February 2013, with undisclosed financial terms.CareTree specializes in providing innovative care management and patient advocacy software tailored specifically for care providers. At its core, the platform facilitates enhanced communication and coordination among caregivers, patients, and families, addressing challenges in caregiving identified through extensive user research. The software aims to streamline the caregiving process, ensuring that all stakeholders are informed and connected, thus improving care outcomes. CareTree’s primary clientele includes care managers, healthcare professionals, and families who require efficient tools for managing caregiving activities. The company's products are primarily targeted at the U.S. market, focusing on regions with a high demand for home care services.CareTree generates revenue primarily through subscription-based models for its software products, allowing clients to access its suite of caregiving tools on an ongoing basis. This transactional structure typically involves care providers entering into direct agreements where they subscribe to specific service packages tailored to their operational needs. These packages may include features such as family portals and care coordination tools, with pricing plans designed to accommodate various levels of service. The subscription model allows CareTree to maintain a steady revenue stream while ensuring that its clients can effectively leverage the software to enhance their caregiving capabilities. Specific pricing details for individual service offerings have not been disclosed.CareTree plans to utilize its recent Seed financing from February 2013 to support the development of new product features and enhancements aimed at improving user experience. The company is also exploring expansion into additional U.S. markets where demand for home care services is increasing. This strategic initiative is expected to take place within the next year, as the company seeks to broaden its client base and improve service delivery.

## Funding rounds

- Seed, Feb 22, 2013 — Tigerlabs Ventures

## Investors

- Tigerlabs Ventures (https://capitalatlas.ai/funds/tigerlabs-ventures) — Seed