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How Much Did DataCare Raise?
Funding & Key Investors

DataCare, a software provider for the workers' compensation industry, has secured $350K in total funding, with its most recent capital infusion of $350K marking a significant strategic investment. This latest financing round underscores the company's established presence and ongoing growth trajectory within its specialized market.

What is DataCare?

DataCare
SoftwareHealthcare SoftwareFinancial Software

Founded in 2003 and headquartered in San Jose, California, DataCare specializes in developing software solutions designed to support evidence-based treatment decisions and provide defensible supporting documentation for workers' compensation claims. The company's platform is crucial for streamlining claims processing and ensuring accurate, compliant outcomes in a complex regulatory environment.

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?

The substantial late-stage funding indicates DataCare is poised for significant scaling and market expansion. This capital injection will likely fuel further product development, enhance its technological infrastructure, and broaden its market reach within the workers' comp sector. The strategic investment suggests confidence from backers in DataCare's ability to further solidify its position as a leader in providing critical software solutions for claims management and treatment decision support.

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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.
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