What is CareBridge?
CareBridge operates at the intersection of healthcare services and technology, providing a comprehensive ecosystem for managing long-term support services. The company's core offerings include electronic visit verification (EVV), robust data aggregation, and 24/7 member support, all of which are vital for health plans and state-level programs. Formed through the strategic acquisition of HealthStar and Sinq Technologies, CareBridge is managed by a leadership team with deep expertise in healthcare operations. The company serves as a bridge between complex regulatory requirements and the practical delivery of care, ensuring that data-driven insights improve member outcomes while maintaining compliance and operational efficiency.
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 premier venture growth-equity fund specializing in Healthcare Information and Services and Financial Services Technology, providing strategic counsel and board-level participation to transformative companies.
GV
GV is the venture capital arm of Alphabet, focusing on early-stage and growth-stage investments across life sciences, healthcare, and enterprise technology sectors.
Strategic Investors
A consortium of industry-aligned partners providing capital and operational expertise to support the scaling of healthcare technology infrastructure.
What's next for CareBridge?
Looking ahead, the strategic deployment of this $140M will likely focus on deepening the company's technological capabilities and expanding its market reach. As the demand for sophisticated long-term care management grows, CareBridge is expected to prioritize the integration of advanced analytics and further automation of its EVV systems. By maintaining its focus on high-impact healthcare technology, the company is poised to solidify its role as an indispensable partner for health plans navigating the complexities of modern care delivery. Future growth will likely be driven by continued investment in its proprietary platform and the pursuit of strategic partnerships that enhance its service delivery model.
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