# RubyWell

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

- Industry: Healthcare
- Headquarters: New York, US
- Website: www.rubywell.com/
- Total disclosed funding: $1.1M
- Latest round: Seed (Oct 1, 2024)
- Investors on record: 1

## About

RubyWell, Inc. focuses on providing comprehensive home health care services with full Medicare coverage, enhancing health outcomes for aging adults while reducing overall healthcare costs in a patient-centric environment.Founded in 2023 and headquartered in New York, US, RubyWell, Inc. specializes in home health care services. The company has engaged in one deal, with its most recent funding round dated June 1, 2024. The founder's specific background is not disclosed.RubyWell specializes in providing home health care services fully covered by Medicare, aimed at improving health outcomes and reducing healthcare costs for aging adults. Their core offerings include skilled nursing care, physical, occupational, and speech therapy, medical social services, caregiver education, and assistance with activities of daily living (such as bathing and dressing), all delivered in the comfort of the patient's home. RubyWell's technology enhances patient eligibility prediction and minimizes regulatory and financial risks associated with home health services. Targeting markets such as Arizona, Florida, and Pennsylvania, RubyWell aims to expand its services nationwide, responding to the increasing need for accessible home health care solutions among older adults and their family caregivers.RubyWell operates on a revenue model primarily based on partnerships with Medicare-certified providers who deliver its home health services to eligible beneficiaries. The company's financial transactions are structured around the reimbursement framework established by Medicare, ensuring that services rendered to qualifying patients are compensated under the Medicare program. RubyWell's model supports family caregivers by providing training and financial compensation mechanisms. The firm does not disclose specific pricing plans; however, the focus remains on offering comprehensive home health care services designed to alleviate the burdens faced by family caregivers and to optimize care for older adults.In June 2024, RubyWell, Inc. raised an undisclosed amount of Seed funding from True Wealth Ventures. The company plans to utilize these funds to enhance its service offerings and develop new products aimed at improving home health care delivery. RubyWell is focused on expanding its reach into new markets including Arizona, Florida, and Pennsylvania, with aspirations to establish a nationwide presence by the end of 2025.

## Funding rounds

- Seed, Oct 1, 2024, $1.1M — True Wealth Ventures

## Investors

- True Wealth Ventures (https://capitalatlas.ai/funds/true-wealth-ventures) — Seed