VideoCare, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

VideoCare, Inc. - overview

Location

Menlo Park, CA-California, US

Primary Industry

Software

About

VideoCare, Inc. is a technology firm specializing in innovative video communication solutions, enhancing remote connectivity and collaboration across various sectors, including business, education, and healthcare. VideoCare, Inc. focuses on delivering advanced video communication technologies.


Founded in Menlo Park, US, the company has undergone strategic pivots to enhance its offerings. In April 2013, VideoCare secured Seed funding of USD 1. 25 mn from Aphelion Capital and California Technology Ventures, resulting in a total amount raised of USD 1. 25 mn and a current company valuation of USD 4.


158 mn. Videocare. com specializes in innovative video communication solutions designed to enhance remote connectivity and collaboration across various sectors. Their core product offerings include a suite of video conferencing tools that enable seamless communication for businesses, education, and healthcare applications.


These tools are tailored to address specific use cases such as virtual meetings, online learning environments, and telehealth services, allowing users to engage effectively regardless of their physical location. Videocare. com serves a diverse client base, including corporate enterprises, educational institutions, and medical facilities, primarily in North America, Europe, and Asia-Pacific regions. Their products are designed to be user-friendly, ensuring accessibility for end users ranging from professionals to students and patients.


The revenue model for Videocare. com is structured around subscription-based services and direct partnerships with various organizations. Clients typically engage in annual or monthly subscription plans that grant them access to the full suite of video conferencing tools, ensuring a steady revenue stream for the company. Additionally, Videocare.


com may establish agreements with educational institutions and healthcare providers, facilitating bulk subscriptions that cater to the needs of their staff and students. Pricing plans are designed to be competitive within the market, with specific tiers available to meet the varying demands of customers, whether they are small businesses or large enterprises. The flagship offerings within their service portfolio have been strategically positioned to drive customer engagement and retention, contributing to an ongoing revenue flow from these established partnerships. VideoCare plans to leverage the recent Seed funding of USD 1.


25 mn to develop new products and expand its market presence. Initiatives include innovative video communication tools aimed at improving user experience, with a target release date by mid-2014. The company also aims to expand into European and Asian markets by 2015, capitalizing on growing demand for remote communication solutions. The funding will support further product development and marketing efforts to reach these new geographic areas.


Current Investors

California Technology Ventures, Aphelion Capital

Primary Industry

Software

Sub Industries

Conferencing Software

Website

www.videocare.com

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

VideoCare, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
SeedCompletedVideoCare, Inc.-

Displaying 1 - 1 of 1

VideoCare, Inc. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.