What is CareBridge?
CareBridge operates as a provider of technology and services designed to support health plans and state entities in managing the care of individuals requiring long-term support services. The company's comprehensive service offerings include electronic visit verification (EVV), data aggregation, round-the-clock member support, and benefit management. CareBridge was established through the strategic acquisition of HealthStar and Sinq Technologies, and it is steered by a leadership team with extensive experience in healthcare services and technology operations. The company's growth trajectory is supported by substantial financial backing, indicating a strong market position and investor confidence in its innovative solutions.
How much funding has CareBridge raised?
CareBridge has raised a total of $140M across 1 funding round:
Other Financing Round
$140M
Other Financing Round (2022): $140M with participation from Oak HC/FT
Key Investors in CareBridge
Oak HC/FT
Oak HC/FT is a venture growth-equity fund focused on Healthcare Information & Services and Financial Services Technology. They provide strategic counsel and access to an extensive network for companies driving transformation in these industries.
What's next for CareBridge?
The recent major strategic investment positions CareBridge for accelerated growth and further development of its technology and service platforms. This infusion of capital is likely to fuel expansion into new markets, enhance its existing service offerings, and potentially drive further strategic acquisitions. The company's focus on technology and services for long-term support services aligns with growing market demands, suggesting a promising future for scaling its operations and solidifying its market leadership. Continued investment in innovation and operational efficiency will be key to capitalizing on this momentum.
See full CareBridge company page
