What is CareLineLive?
Founded in 2014, CareLineLive offers a comprehensive, cloud-based platform designed to streamline operations for homecare agencies. Its integrated system manages staff scheduling, client visits, patient records, and invoicing, supporting hundreds of care providers across seven countries. Notably, CareLineLive is recognized for meeting stringent NHS requirements, making it an approved supplier for Digital Social Care Records. The platform's ability to integrate with GP Connect further enhances its value by enabling direct access to GP records, positioning it as a critical digital health solution.
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
Innovate UK
Innovate UK is a UK government-backed innovation agency that supports business growth and technological advancement, often providing grants for promising ventures.
Oak Glen
Oak Glen, likely a private investment entity, has participated in this financing round, contributing capital to support CareLineLive's strategic objectives.
Haatch Ventures
Haatch Ventures is an early-stage technology investor known for backing scalable and disruptive business models, providing both capital and strategic support to portfolio companies.
What's next for CareLineLive?
The substantial enterprise-level backing positions CareLineLive for accelerated growth and market expansion. With a focus on scaling its operations and enhancing its platform's capabilities, the company is poised to further solidify its standing in the digital health sector. Future developments are likely to include broader integration with healthcare systems and continued innovation in providing essential tools for homecare providers, aiming to improve efficiency and patient care outcomes globally.
See full CareLineLive company page
