What is CareSync?
Founded in 2011, CareSync operates as a premier provider of software and services dedicated to chronic disease management. The platform integrates advanced technology with 24/7 nursing support to facilitate seamless care coordination among patients, their families, and clinical providers. By offering both turnkey Chronic Care Management services and a software-only deployment model, CareSync enables medical practices of varying sizes to navigate the complexities of CPT code 99490 and Meaningful Use 2 requirements.
The company's core value proposition lies in its ability to place the patient at the center of the healthcare ecosystem. Through its certified technology, CareSync provides users with actionable health goals, comprehensive care plans, and improved access to health information. This holistic approach not only streamlines administrative workflows for providers but also drives more productive medical appointments and superior long-term health outcomes for patients.
How much funding has CareSync raised?
CareSync has raised a total of $22.3M across 2 funding rounds:
Series A
$4.3M
Series B
$18M
Series A (2014): $4.3M with participation from Tullis Health Investors and Clearwell Group
Series B (2015): $18M led by Harbert Venture Partners, Tullis Health Investors, Clearwell Group, Merck Global Health Innovation Fund, and Greycroft Partners
Key Investors in CareSync
Harbert Venture Partners
A private equity firm specializing in mezzanine, middle market, and later-stage investments across technology, life sciences, and B2B commerce sectors.
Tullis Health Investors
A private equity firm focused on high-growth, commercial-stage healthcare companies, including medical devices, technology, and biotechnology.
Clearwell Group
A family office providing integrated investment management and consulting services with a focus on long-term stewardship and business growth.
What's next for CareSync?
Looking ahead, CareSync is well-positioned to capitalize on the increasing demand for interoperable healthcare solutions. With the backing of institutional investors, the company is expected to further refine its data exchange capabilities and expand its service offerings to address the evolving needs of the healthcare industry. As the sector shifts toward value-based care models, CareSync's focus on actionable health data and patient engagement will likely remain a critical differentiator. The firm's strategic roadmap involves deepening its integration with existing provider workflows while maintaining its commitment to high-touch nursing services, ensuring that it remains a leader in the digital health transformation.
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