CareinSync Corp.
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CareinSync Corp. - overview
Location
Los Altos Hills, CA, US
Primary Industry
Healthcare IT
About
CareinSync Corp. specializes in healthcare technology, providing innovative solutions for patient engagement and care coordination. Their platform enhances communication between healthcare providers and patients, aiming to improve overall health outcomes. CareinSync Corp.
focuses on transforming healthcare through its engagement platform designed to streamline communication and coordination between patients and providers. The company is based in Los Altos Hills, US. In April 2014, Hearst Corporation acquired CareinSync, although financial terms were not disclosed. The latest funding round was a Series A, where the company raised USD 1.
60 mn led by HealthTech Capital, bringing the total amount raised to USD 1. 60 mn and resulting in a current valuation of USD 4. 34 mn. CareinSync Corp.
offers a healthcare technology platform that enhances patient engagement and care coordination. Their services facilitate improved communication between patients and healthcare providers, aiming to deliver streamlined experiences in managing health care. This approach not only supports patients in tracking their health information but also aids providers in delivering more efficient care. CareinSync's revenue model is primarily driven by subscriptions to its healthcare engagement platform and associated services.
The company generates income through service fees for usage of its technology, which supports the seamless connection between patients and healthcare providers. This model allows CareinSync to maintain a direct relationship with users, thereby optimizing their engagement and service offerings. CareinSync Corp. is focusing on expanding its product offerings, with plans to launch new features designed for enhanced data analytics and patient tracking capabilities.
The company is targeting growth into additional geographic markets in North America by 2025. The recent funding from the Series A round will be utilized to support these initiatives, particularly in developing new functionalities for their platform and establishing a stronger market presence.
Current Investors
HealthTech Capital
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT
Website
www.careinsync.com
Verticals
HealthTech
Company Stage
Acquired
Total Amount Raised
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