How Much Did CareRev Raise?
Funding & Key Investors

CareRev has secured $50M in total capital, with its most recent funding round bringing in $50M through a major strategic investment on April 26, 2021. This significant financing underscores the company's established position and its trajectory within the enterprise-level funding landscape.

What is CareRev?

CareRev
Business ServicesHuman Resources Management Systems (HRMS)Software Testing

Founded in 2015 and headquartered in Los Angeles, California, CareRev operates as an online technology platform designed to address the dynamic staffing needs of healthcare facilities and clinicians. The company's solutions are engineered to help providers adapt to constantly changing demands while ensuring the delivery of optimal patient care. CareRev's focus on bridging the gap between healthcare demand and staffing supply positions it as a key player in the health-tech sector.

How much funding has CareRev raised?

CareRev has raised a total of $50M across 1 funding round:

2021

Series A

$50M

Series A (2021): $50M with participation from Transformation Capital

Key Investors in CareRev

Transformation Capital

Transformation Capital, based in Boston, Massachusetts, is a growth equity fund with a dedicated focus on innovative healthcare IT and services companies, aligning with CareRev's mission.

What's next for CareRev?

The substantial enterprise-level funding and recent strategic investment suggest CareRev is in a scaling phase, likely focusing on expanding its platform's reach, enhancing its technological capabilities, and potentially broadening its service offerings. This capital infusion is expected to fuel further innovation and market penetration, solidifying its role in modernizing healthcare staffing solutions.

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Frequently Asked Questions Regarding CareRev Financial Insights

What are the most recent funding rounds that CareRev has completed, and what were the funding rounds?
CareRev has recently completed 1 funding rounds: Series A on Apr 26, 2021.
What is the total amount of funding CareRev has raised to date?
CareRev has raised a total of $50M in funding to date.
How many funding rounds has CareRev completed?
CareRev has completed 1 funding rounds.
How much funding did CareRev raise in its most recent funding round?
CareRev raised $50M in its most recent funding round.
Who are the lead investors in CareRev's latest funding round?
The lead investor in CareRev's latest funding round was Transformation Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CareRev's history?
The largest funding round in CareRev's history was $50M.
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