How Much Did CareLineLive Raise?
Funding & Key Investors

CareLineLive, a provider of cloud-based platforms for homecare agencies, has secured significant enterprise-level funding. The company's total funding to date stands at $5M, with its most recent financing round contributing $0. This strategic investment underscores the growing demand for integrated digital solutions in the elder care sector.

What is CareLineLive?

CareLineLive
SoftwareHealthcare Software

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:

2021

Grant

$243K

Other Financing Round

$1.6M

2023

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.

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Frequently Asked Questions Regarding CareLineLive Financial Insights

What are the most recent funding rounds that CareLineLive has completed, and what were the funding rounds?
CareLineLive has recently completed 3 funding rounds: Other Financing Round on Jan 17, 2023, Other Financing Round on Apr 19, 2021, Grant on Mar 18, 2021.
What is the total amount of funding CareLineLive has raised to date?
CareLineLive has raised a total of $5M in funding to date.
How many funding rounds has CareLineLive completed?
CareLineLive has completed 3 funding rounds.
How much funding did CareLineLive raise in its most recent funding round?
CareLineLive raised $3.2M in its most recent funding round.
Who are the lead investors in CareLineLive's latest funding round?
The lead investor in CareLineLive's latest funding round was Oak Glen. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CareLineLive's history?
The largest funding round in CareLineLive's history was $3.2M.
See more information about CareLineLive