# eCaring

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

- Industry: Healthcare IT
- Headquarters: New York, US
- Website: www.ecaring.com
- Total disclosed funding: $3.5M
- Latest round: Series A (Apr 16, 2014)
- Investors on record: 1

## About

eCaring, Inc. is a technology company that specializes in providing a software platform designed to enhance operations in home care agencies and improve patient care delivery through integrated solutions.Founded in 2000 in New York, US, eCaring, Inc. develops a software platform specifically for home care agencies, streamlining their operations and care delivery. The company has not undergone any significant pivots or changes in its core business strategy. eCaring was acquired by EC Acquisition Holding LLC in March 2020. Michael Trigilio and Sava Berhané are the current CEOs, with no previous company founding information available for them. The company has completed 3 funding deals, with its latest funding round being a Series A round in which it raised USD 3.50 mn led by Ascent Biomedical Ventures. The total amount raised by the company stands at USD 3.50 mn.eCaring offers a comprehensive software platform tailored for home care agencies, designed to streamline operations and enhance the delivery of care. Its core product integrates various functionalities, including caregiver onboarding, visit scheduling, document management, and performance reporting, all accessible through a single interface. The platform is specifically engineered to meet Electronic Visit Verification (EVV) state requirements and automates essential processes such as document expiration alerts. eCaring primarily serves home care organizations, caregivers, and end users within the healthcare sector across the United States, with additional penetration into markets that involve Medicaid, Veteran Affairs, and Private Pay. This holistic approach addresses key challenges in the home care industry, such as optimizing staff efficiency and improving financial oversight through real-time data analytics.eCaring generates revenue through a subscription-based model, providing its software solutions to home care agencies and organizations. Clients engage with eCaring’s platform by subscribing to various service tiers, which may include features tailored to their specific operational needs. This transactional structure enables home care agencies to leverage the software for daily operations, while caregivers benefit from incentivized pay arrangements for additional shifts. While specific pricing details for the software offerings are not disclosed, clients typically invest in the platform based on the scale of their operations and the breadth of features utilized. The integration of payer-specific settings further enhances the platform's value, allowing clients to efficiently manage contracts across multiple funding sources, thereby supporting the financial sustainability of their services.eCaring plans to expand its product offerings with new features aimed at enhancing operational efficiency and compliance for home care agencies. Specific details regarding release dates have not been provided. The company targets expansion into additional markets that utilize Medicaid and Veteran Affairs services across the United States to increase its client base by 2023. The funding obtained in the Series A round on March 10, 2020, will be utilized to support these initiatives, including product development and market expansion efforts.

## Funding rounds

- Series A, Apr 16, 2014, $3.5M — Ascent Biomedical Ventures

## Investors

- Ascent Biomedical Ventures (https://capitalatlas.ai/funds/ascent-biomedical-ventures) — Series A