About Activate Care
Activate Care is a company based in Boston (United States) founded in 2012.. Activate Care has raised $66.25 million across 3 funding rounds from investors including MassChallenge and Rose Park Advisors. The company has 54 employees as of December 31, 2022. Activate Care offers products and services including Path Assist, CareLink, and Community Care Assessment. Activate Care operates in a competitive market with competitors including Birdie, Lumeon, Log My Care, Switchboard Health and Healthify, among others.
- Headquarter Boston, United States
- Employees 54 as on 31 Dec, 2022
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Accountable Care Transactions, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$66.25 M (USD)
in 3 rounds
-
Latest Funding Round
$57.85 M (USD), Unspecified
Jun 25, 2024
-
Investors
MassChallenge
& 1 more
-
Employee Count
54
as on Dec 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Activate Care
Activate Care offers a comprehensive portfolio of products and services, including Path Assist, CareLink, and Community Care Assessment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Supports health plans with SDOH strategies for cost savings.
Manages care coordination and referral tracking.
Conducts assessments for community health needs.
Unlock access to complete
Unlock access to complete
Funding Insights of Activate Care
Activate Care has successfully raised a total of $66.25M across 3 strategic funding rounds. The most recent funding activity was a Unspecified round of $57.85 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Unspecified — $57.8M
-
First Round
First Round
(29 Jul 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Unspecified - Activate Care | Valuation |
investors |
|
| Jun, 2017 | Amount | Grant - Activate Care | Valuation |
investors |
|
| Jul, 2015 | Amount | Series A - Activate Care | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Activate Care
Activate Care has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include MassChallenge and Rose Park Advisors. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage entrepreneurs are accelerated through MassChallenge's program.
|
Founded Year | Domain | Location | |
|
Venture capital investments are guided by disruptive innovation theories.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Activate Care
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Activate Care
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Activate Care Comparisons
Competitors of Activate Care
Activate Care operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Birdie, Lumeon, Log My Care, Switchboard Health and Healthify, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based software for elderly care management is provided.
|
|
| domain | founded_year | HQ Location |
A real-time platform for viewing entire patient journeys is provided.
|
|
| domain | founded_year | HQ Location |
Provider of a care management platform for care providers
|
|
| domain | founded_year | HQ Location |
Digital virtual care networking is enabled for healthcare professionals.
|
|
| domain | founded_year | HQ Location |
SaaS platform for care coordination is provided to health organizations.
|
|
| domain | founded_year | HQ Location |
Cloud-based care coordination is enabled for healthcare providers.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Activate Care
Frequently Asked Questions about Activate Care
When was Activate Care founded?
Activate Care was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is Activate Care located?
Activate Care is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Activate Care a funded company?
Activate Care is a funded company, having raised a total of $66.25M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8.4M, raised on Jul 29, 2015.
How many employees does Activate Care have?
As of Dec 31, 2022, the latest employee count at Activate Care is 54.
What does Activate Care do?
Activate Care was founded in 2012 in Boston, United States, as a provider of a SaaS-based platform for healthcare organizations. The CareHub platform is utilized to connect providers with patients and community services. End-to-end referral processes are supported, along with data analysis and connectivity features. Communication tools, document sharing, care team management, and planning capabilities are included in the offerings.
Who are the top competitors of Activate Care?
Activate Care's top competitors include Birdie, Lumeon and PatientPing.
What products or services does Activate Care offer?
Activate Care offers Path Assist, CareLink, and Community Care Assessment.
Who are Activate Care's investors?
Activate Care has 2 investors. Key investors include MassChallenge, and Rose Park Advisors.