# TCARE

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

- Industry: Healthcare
- Headquarters: St. Louis, US
- Website: www.tcare.ai
- Total disclosed funding: $14M
- Latest round: Series A (Aug 19, 2022)
- Investors on record: 14

## About

TCARE, Inc. is a technology company focused on delivering a caregiver support platform that enhances the well-being of family caregivers through tailored care solutions and advanced data analytics.Founded in 2014, TCARE, Inc. is headquartered in St. Louis, US. The company provides a platform that supports caregivers by utilizing a proprietary clinical protocol enriched with over 15 years of caregiver insights. The founders Ali Ahmadi, Michael Mings, and Vijay Anand, bring diverse expertise in healthcare and technology. In August 2022, TCARE raised USD 10.80 mn in Series A funding led by American Family Ventures, with participation from several other investors. The funding aims to bolster TCARE's service offerings and expand its operational team. TCARE has completed a total of 4 deals to date, with its latest funding round serving as the only round to match its total raised amount.TCARE primarily offers a comprehensive caregiver support platform that tackles the challenges faced by family caregivers. The company's core product employs a proprietary clinical protocol that creates personalized care plans based on over 90 burnout factors to assess caregiver risk levels. This service is designed for health plans, employers, and families, facilitating improved caregiver support while addressing burnout and mental health. TCARE operates across various geographical markets, particularly in the United States, catering to clients including health plans, Medicaid, Medicare Advantage, and D-SNP organizations.TCARE generates revenue through partnerships with health plans, employers, and organizations by providing tailored caregiver support services. This revenue model is structured around contractual agreements where partners subscribe to TCARE's services, integrating caregiver support into employee benefits or health service offerings. While specific pricing details are undisclosed, TCARE’s model aligns with ongoing caregiver support requirements, thereby fostering better health outcomes and reducing overall service utilization costs for its partners. The flagship services include personalized care plans and consistent support from TCARE Specialists.In August 2022, following the Series A funding of USD 10.80 mn, TCARE plans to utilize these resources to enhance its service offerings and expand its workforce across various roles, including product development and caregiver support. The company is also focusing on entering new markets to broaden its geographical reach and improve its caregiver support services. While specific new products under development have not been disclosed, TCARE aims to leverage its funding to strengthen its existing offerings and explore potential new solutions tailored to caregiver needs.

## Funding rounds

- Series A, Aug 19, 2022, $11M — Plug and Play, Blu Venture Investors, SixThirty, American Family Ventures, Connetic, Aflac Corporate Ventures, 25Madison Ventures, Sompo Holdings, Inc., Ziegler Link•Age Fund, Unum Ventures, Inception Health
- Series A, Aug 1, 2020, $3M — Blu Venture Investors, gener8tor, SixThirty, Village Capital, Connetic, Aflac Corporate Ventures, Blue Cross and Blue Shield of Minnesota Pension Plan
- Seed, Feb 5, 2019, $0.1M — Village Capital

## Investors

- Village Capital (https://capitalatlas.ai/funds/village-capital) — Seed, Series A
- Blu Venture Investors (https://capitalatlas.ai/funds/blu-venture-investors) — Series A
- gener8tor (https://capitalatlas.ai/funds/gener8tor) — Series A
- SixThirty (https://capitalatlas.ai/funds/sixthirty) — Series A
- Connetic (https://capitalatlas.ai/funds/connetic) — Series A
- Aflac Corporate Ventures (https://capitalatlas.ai/funds/aflac-corporate-ventures) — Series A
- Blue Cross and Blue Shield of Minnesota Pension Plan — Series A
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Series A
- American Family Ventures (https://capitalatlas.ai/funds/american-family-ventures) — Series A
- 25Madison Ventures (https://capitalatlas.ai/funds/25madison-ventures) — Series A
- Sompo Holdings, Inc. — Series A
- Ziegler Link•Age Fund — Series A
- Unum Ventures (https://capitalatlas.ai/funds/unum-ventures) — Series A
- Inception Health — Series A