# Vericare Management

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vericare-management

- Industry: Healthcare
- Headquarters: San Diego, US
- Website: www.vericare.com
- Total disclosed funding: $16M
- Latest round: Series B (Nov 29, 2007)
- Investors on record: 4

## About

Vericare Management specializes in innovative healthcare solutions, focusing on telehealth services and software integration to enhance patient care and operational efficiency in healthcare environments.Vericare Management provides healthcare solutions designed to improve patient care and healthcare operations. Founded in 1991 by Joshua Green, the company is headquartered in San Diego, US. It has successfully raised USD 9.50 mn over several funding rounds, with the latest being a VENTURE DEBT round of USD 1.80 mn on January 30, 2014.Vericare.com specializes in providing innovative healthcare solutions that encompass a range of products designed to streamline patient care and enhance operational efficiency within healthcare facilities. Their core offerings include a suite of telehealth services, which facilitate remote patient monitoring and consultations, allowing healthcare providers to offer comprehensive care without geographical constraints. Additionally, the company provides software solutions that integrate electronic health records (EHR) with advanced analytics, enabling healthcare professionals to make data-driven decisions. Vericare's client base primarily comprises hospitals, clinics, and long-term care facilities, targeting markets across North America and Europe. The end users of their services include healthcare providers and patients, particularly those requiring ongoing medical supervision and support.Vericare.com generates revenue through a subscription-based model, wherein healthcare institutions pay for access to their telehealth services and software platforms. The transaction structure is organized to support both B2B partnerships and direct service offerings to healthcare providers. Clients engage in annual or monthly contracts that allow them to utilize Vericare's telehealth solutions and EHR integration tools, contributing to a predictable revenue stream for the company. Flagship products, which are central to their value proposition, include their proprietary telehealth platform and advanced analytics tools designed for healthcare optimization. These offerings facilitate improved patient outcomes and operational efficiencies, reinforcing the company’s commitment to enhancing healthcare delivery.Vericare Management is focused on expanding its product offerings and market reach. The company is in the process of developing new telehealth solutions aimed at enhancing remote care capabilities, with expected launches in the upcoming quarters. Geographically, Vericare plans to expand its services into additional markets across Europe and North America, targeting completion of this expansion by the end of 2025. The funding raised in January 2014 will be utilized to bolster these initiatives, particularly in product development and market outreach.

## Funding rounds

- Series B, Nov 29, 2007, $9.5M — Acacia Venture Partners, HLM Venture Partners, Salix Ventures
- Series B, Sep 30, 2006, $6.7M — Acacia Venture Partners, Salix Ventures, San Francisco Equity Partners

## Investors

- Acacia Venture Partners (https://capitalatlas.ai/funds/acacia-venture-partners) — Series B
- Salix Ventures (https://capitalatlas.ai/funds/salix-ventures) — Series B
- San Francisco Equity Partners (https://capitalatlas.ai/funds/san-francisco-equity-partners) — Series B
- HLM Venture Partners (https://capitalatlas.ai/funds/hlm-venture-partners) — Series B