About Care Team Connect
Care Team Connect is a company based in Evanston (United States) founded in 2009 was acquired by Advisory in November 2013.. Care Team Connect has raised $10.22 million across 3 funding rounds from investors including Advisory, MRMC and Nashville Capital Network. Care Team Connect operates in a competitive market with competitors including PerfectServe, Klara, Pulsara, Siilo and Allm, among others.
- Headquarter Evanston, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Care Team Connect Inc
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Funding Insights of Care Team Connect
Care Team Connect has successfully raised a total of $10.22M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $2 million completed in May 2013. 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 Series B — $2.0M
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First Round
First Round
(01 Oct 2010)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Series B - Care Team Connect | Valuation |
investors |
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| Sep, 2011 | Amount | Series B - Care Team Connect | Valuation |
investors |
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| Oct, 2010 | Amount | Series A - Care Team Connect | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Care Team Connect
Care Team Connect has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Advisory, MRMC and Nashville Capital Network. 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 |
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Multi-stage tech and life sciences focused venture capital firm investing primarily in the US
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Founded Year | Domain | Location | |
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Investments are facilitated for US-based companies by angel network members.
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Founded Year | Domain | Location | |
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Fuel oil is provided and distributed by MRMC.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Care Team Connect
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Care Team Connect
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Care Team Connect Comparisons
Competitors of Care Team Connect
Care Team Connect 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 PerfectServe, Klara, Pulsara, Siilo and Allm, 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 |
Collaboration platform for providers
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| domain | founded_year | HQ Location |
Communication app for medical teams, patients, and providers is facilitated.
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| domain | founded_year | HQ Location |
An app for real-time interaction between the field and between hospital staff
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| domain | founded_year | HQ Location |
Secure messaging is facilitated for medical professionals via mobile app.
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| domain | founded_year | HQ Location |
Healthcare technologies and real-time communications platforms are provided.
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| domain | founded_year | HQ Location |
Healthcare coordination and interoperability software solutions are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Care Team Connect
When was Care Team Connect founded?
Care Team Connect was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Care Team Connect located?
Care Team Connect is headquartered in Evanston, United States. It is registered at Evanston, Illinois, United States.
Is Care Team Connect a funded company?
Care Team Connect is a funded company, having raised a total of $10.22M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.7M, raised on Oct 01, 2010.
What does Care Team Connect do?
Care Team Connect was founded in 2009 in Evanston, United States, within the healthcare technology sector. A secure, web-based platform is operated to connect participants across the care continuum, including providers and patients. Coordination services are provided to ensure timely and appropriate care delivery. The system supports organizations in managing patient interactions and workflows through its domain, careteamconnect.com.
Who are the top competitors of Care Team Connect?
Care Team Connect's top competitors include Klara, PerfectServe and Forcura.
Who are Care Team Connect's investors?
Care Team Connect has 4 investors. Key investors include Advisory, MRMC, Nashville Capital Network, and Heritage Group.