What is CareBridge?
CareBridge operates at the intersection of healthcare technology and long-term support services, providing essential tools for health plans and state agencies. Their comprehensive service offering includes electronic visit verification (EVV), data aggregation, 24/7 member support, and benefit management. The company was established through the strategic acquisition of HealthStar and Sinq Technologies, bringing together established expertise in healthcare services and technology operations. Led by a team of seasoned operators, CareBridge is positioned to streamline and enhance the delivery of care for a vulnerable population.
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 prominent venture growth-equity fund specializing in Healthcare Information & Services and Financial Services Technology. With substantial assets under management, they focus on driving industry transformation through strategic counsel and network access.
What's next for CareBridge?
With a significant enterprise-level funding injection, CareBridge is poised for accelerated growth and market expansion. The recent strategic investment signals strong confidence from backers in the company's model and its potential to address critical needs within the long-term care sector. This capital infusion will likely fuel further development of their technology platform, enhance service delivery capabilities, and potentially support strategic partnerships or acquisitions to broaden their reach. The company's trajectory suggests a focus on scaling operations to meet increasing demand for efficient and effective long-term support services management.
See full CareBridge company page
