What is CareLineLive?
Founded in 2014, CareLineLive offers a comprehensive, all-in-one cloud-based platform designed to streamline operations for homecare agencies. Its integrated system manages staff scheduling, client visits, patient records, and invoicing. The company has established a strong presence, supporting hundreds of care providers across seven countries. Notably, CareLineLive is recognized for its compliance with NHS requirements, making it an approved supplier for Digital Social Care Records, and it also integrates with GP Connect for direct access to patient records, positioning it as a key player in the digital transformation of social care.
How much funding has CareLineLive raised?
CareLineLive has raised a total of $5M across 3 funding rounds:
Grant
$243K
Other Financing Round
$1.6M
Other Financing Round
$3.2M
Grant (2021): $243K with participation from Innovate UK
Other Financing Round (2021): $1.6M led by Haatch Ventures
Other Financing Round (2023): $3.2M supported by Oak Glen
Key Investors in CareLineLive
Haatch Ventures
Haatch Ventures is an early-stage investment firm focused on highly scalable and disruptive technology companies, providing both capital and experienced support to help startups scale to Series A.
Innovate UK
Innovate UK is the UK's innovation agency, dedicated to driving economic growth by supporting businesses to develop and commercialize new technologies and processes.
Oak Glen
Oak Glen appears to be an agricultural collective; its participation in this funding round suggests a potential strategic interest in the intersection of technology and care services, or perhaps a diversified investment portfolio.
What's next for CareLineLive?
With its recent major enterprise-level funding, CareLineLive is poised for accelerated growth and further market penetration. The company's focus on meeting stringent healthcare IT standards, such as NHS requirements and GP Connect integration, provides a solid foundation for scaling its operations. Future strategic initiatives will likely involve expanding its service offerings, enhancing platform capabilities, and potentially exploring new international markets. This capital injection is expected to bolster its competitive edge in the rapidly evolving digital health and homecare technology landscape.
See full CareLineLive company page