# Intellicare

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

- Industry: Healthcare IT
- Headquarters: South Portland, US
- Website: www.intellicare.com
- Total disclosed funding: $18M
- Latest round: Series C (Jun 11, 2002)
- Investors on record: 5

## About

Intellicare is a provider of innovative software solutions that enhance operational efficiency and customer engagement across various sectors, including finance, healthcare, and retail.Founded in 1997 in South Portland, US, Intellicare specializes in software solutions for data analytics, customer relationship management, and workflow automation. The company has undergone a significant change, being acquired by Polymedica Corporation in November 2005. The current CEO details are not available.Intellicare offers a range of advanced software solutions focusing on data analytics, customer relationship management, and workflow automation. These solutions are designed to address challenges such as data silos and inefficient resource allocation, aiding businesses in various sectors, including finance, healthcare, and retail. Their products enhance operational efficiency and improve decision-making capabilities, serving clients from small enterprises to large corporations across North America, Europe, and Asia.Intellicare generates revenue primarily through subscription-based services and direct sales of proprietary software solutions. Clients enter into annual subscription agreements that provide access to a suite of tools and ongoing support. The company also engages in B2B partnerships to broaden the distribution of its products, ensuring a consistent revenue stream from both direct sales and recurring subscriptions.Intellicare plans to leverage recent funding of USD 10.15 mn raised in Series C to enhance product development and expand into new markets. Specific new products are under development, with anticipated launches aimed at enhancing their software offerings. The company is seeking to enter additional geographic markets, particularly in Asia and Europe, by the end of 2023, aiming to adapt their solutions to meet regional demands.

## Funding rounds

- Series C, Jun 11, 2002, $10M — Cardinal Partners, Canaan Partners, Salix Ventures, Cutlass Capital, Redhills Ventures
- Series B, Jul 1, 2000, $7.5M — Cardinal Partners, Salix Ventures

## Investors

- Cardinal Partners (https://capitalatlas.ai/funds/cardinal-partners) — Series B, Series C
- Salix Ventures (https://capitalatlas.ai/funds/salix-ventures) — Series B, Series C
- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Series C
- Cutlass Capital (https://capitalatlas.ai/funds/cutlass-capital) — Series C
- Redhills Ventures (https://capitalatlas.ai/funds/redhills-ventures) — Series C