# HoopCare

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

- Industry: Healthcare
- Headquarters: New York, US
- Website: www.hoopcare.com/
- Total disclosed funding: $1.9M
- Latest round: Seed (May 2, 2022)
- Investors on record: 2

## About

HoopCare, Inc., based in the US, is a healthcare technology firm that leverages AI to enhance the preoperative and perioperative experience for patients and healthcare providers, ensuring streamlined processes and improved outcomes.Founded in 2019, HoopCare, Inc. specializes in preoperative management solutions. The company has not undergone any major strategic pivots and operates from its headquarters in New York, US. The founder, Richard Boyer, has a background in healthcare technology, although details on previous ventures are not available. HoopCare attracted attention in May 2022 when it raised EUR 1.8 million in a Seed funding round from investors including Newfund Management and MACSF, bringing the total capital raised to EUR 1.8 million.Hoopcare 2.0 offers a comprehensive suite of solutions designed to transform the preoperative and perioperative experience through advanced AI technology. Their core product focuses on streamlining the preoperative process by enabling complete visibility into the patient journey for all stakeholders involved. Key functionalities include intelligent pre-charting and lab order testing, automated patient self-evaluation surveys, and post-operative monitoring, providing a cohesive approach to managing surgical patients from the pre-surgical phase up to 120 days post-operation. The platform aligns with clinical guidelines and best practices, effectively addressing challenges such as patient blood management, smoking cessation, and medication prescriptions. Hoopcare caters primarily to healthcare providers, including hospitals and surgical clinics, and operates in various geographical markets such as the United States and France.Hoopcare's revenue structure is based on a subscription model that allows healthcare organizations to access its AI-powered platform for preoperative management. This model facilitates B2B transactions, enabling hospitals and surgical clinics to implement the technology seamlessly into their existing systems. The transaction structure involves clients subscribing to different tiers of service, which encompass a range of features suited to their specific needs. The flagship offerings, including the preoperative survey tools and automated care actions, are integral to the revenue generation process, as they enhance operational efficiency and improve patient outcomes. Clients benefit from a combination of predictive analytics and clinical guidelines, which support the platform's value proposition in managing surgical risks and personalized care plans.In April 2022, HoopCare, Inc. secured EUR 1.8 million in Seed funding, co-led by Newfund Management and MACSF, which will be utilized to accelerate the implementation of the company's solutions in medical institutions across France and America. The company plans to expand its offerings and reach new geographical markets by leveraging this funding to enhance its product suite and increase its operational footprint by the end of 2023.

## Funding rounds

- Seed, May 2, 2022, $1.9M — MACSF, Newfund

## Investors

- MACSF — Seed
- Newfund (https://capitalatlas.ai/funds/newfund) — Seed