How Much Did DataCare Raise?
Funding & Key Investors

DataCare, a key player in the workers' compensation software sector, has secured $350K in total funding, with a recent strategic investment of $350K announced on April 9, 2020. This significant capital infusion positions the company for its next phase of growth.

What is DataCare?

DataCare
SoftwareHealthcare SoftwareFinancial Software

Founded in 2003 and headquartered in San Jose, California, DataCare provides specialized software solutions designed to support evidence-based treatment decisions within the workers' compensation industry. Their platform aids in generating defensible supporting documentation for workers' comp claims, enhancing the efficiency and accuracy of claim processing and medical management.

How much funding has DataCare raised?

DataCare has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in DataCare

PPP

Public-Private Partnership

What's next for DataCare?

With its recent major strategic investment, DataCare is poised to accelerate its development and market penetration. The company's focus on providing robust software for the workers' comp industry, particularly in supporting evidence-based treatment and defensible documentation, suggests a strategic direction towards enhancing data analytics and claim management capabilities. This late-stage funding will likely be instrumental in expanding its technological infrastructure, broadening its client base, and potentially exploring new verticals within the healthcare and insurance technology landscape.

See full DataCare company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Engineering SoftwareSoftware
Financial SoftwareSoftwareStorage & System Management Software
Healthcare SoftwareSoftwareEducationTraining
Engineering SoftwareSoftware

Frequently Asked Questions Regarding DataCare Financial Insights

What are the most recent funding rounds that DataCare has completed, and what were the funding rounds?
DataCare has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding DataCare has raised to date?
DataCare has raised a total of $350K in funding to date.
How many funding rounds has DataCare completed?
DataCare has completed 1 funding rounds.
How much funding did DataCare raise in its most recent funding round?
DataCare raised $350K in its most recent funding round.
Who are the lead investors in DataCare's latest funding round?
The lead investor in DataCare's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in DataCare's history?
The largest funding round in DataCare's history was $350K.
See more information about DataCare