About Care.ai
Care.ai is a Healthcare company based in Orlando (United States) founded in 2019 by Chakri Toleti, and was acquired by Stryker in August 2024. Care.ai has raised $27 million across 1 funding round from investors including Stryker and Crescent Cove Advisors. Its chief executive, as recorded, is Chakri Toleti. Its focus areas include HealthTech, Healthcare IT, Horizontal and Suite Solutions. Its competitors include Health Catalyst, CitiusTech and Azalea Health; 3 of its 3 listed competitors have raised funding.
Company details
AI-powered smart facility platform for hospitals. It utilizes ambient intelligence and artificial intelligence to enhance patient care and operational efficiency within healthcare facilities which include virtual care, virtual nursing, workforce optimization, patient protocol monitoring, compliance process management, and real-time decision support.
Apps and channels of Care.ai
its YouTube channel careai has 224 subscribers and 28 videos.
Videos from Care.ai
The most watched videos on Care.ai's YouTube channel, careai (224 subscribers). Click a video to play it here.
More on careai.
Funding Insights of Care.ai
Care.ai has successfully raised a total of $27M through 1 strategic funding round. The most recent funding activity was a Series B round of $27 million completed in November 2022. 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 $27M
- Total Rounds 1
- Last Round Series B — $27M
- First Round $27M
(Nov 2022)
- Investors Count 1
All 1 funding rounds of Care.ai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | $27M | Series B | – | Crescent Cove Advisors | – |
2 investors in total: 2 institutional.
Investors in Care.ai
Care.ai has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Stryker and Crescent Cove Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm offering growth capital and advisory to technology companies. | 2016 | crescentcove.com | San Francisco, United States | |
3D-printed orthopedic products are manufactured for medical applications. | 1941 | stryker.com | Kalamazoo, United States |
Investor details for Care.ai
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People of Care.ai
21 people are tracked at Care.ai (10 in leadership, 11 in team).
| Name | Role | Group |
|---|---|---|
Chakri Toleti | Founder & CEO | Leadership |
David Richardson | Director of network engineering and Telecommunications | Leadership |
Mark Crandell | Chief Delivery Officer | Leadership |
Bruce Mehdizadeh | Sr. Director of Sales | Leadership |
Venkata Phani Gandikota | Director Of Technical Services | Leadership |
Cindy Koppen | Chief Nursing Officer | Leadership |
Nagesh Vempaty | Chief Scientist | Leadership |
Mark Crandall | Chief Delivery Officer | Leadership |
Parag Gadkari | CTO | Leadership |
Ellie Case | Director of Sales | Leadership |
Nancy Garcia | IT Application Support Manager at Care.AI | Team |
Joshua Jones | Account Executive | Team |
Simon Masinde | Software Engineer | Team |
Abby Wood | Executive Assistant - Client Delivery | Team |
Phani Gandikota | Software Configuration Manager | Team |
Amanda Hilbish | Account Executive | Team |
Nina Roth | Senior Project Manager | Team |
Cherron Simpson Folks | IT Application Support Team Lead | Team |
Steve Wiggins | System Engineer | Team |
Mark Peterson | Business Intelligence Manager | Team |
1 more people are available in the full profile.
Complete people profiles for Care.ai
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Care.ai
3 dated milestones of Care.ai across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Care.ai is founded.
- Funding First funding round of $27.0M.
- Exit Acquired by Stryker.
Competitors of Care.ai
Care.ai has 3 listed competitors in our database, 3 of them funded. They include Health Catalyst, CitiusTech and Azalea Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| healthcatalyst.com | 2008 | Salt Lake, United States | $392M | 1,183 | Cloud-based data analytics are provided for healthcare organizations. | |
| citiustech.com | 2005 | Princeton, United States | $1.13B | 5,442 | Provider of AI solutions for clinical, operational, and business outcomes | |
| azaleahealth.com | 2008 | Atlanta, United States | $12.31M | 212 | EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers |
Detailed competitors of Care.ai
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Web traffic of Care.ai
The website of Care.ai (care.ai) receives about 8.5K visits a month.
- Monthly visits8.5K
▲ 11.5% vs previous month
Websites whose visitors overlap most with Care.ai. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| navina.ai | 100% | 32.1K | #883,359 | View details | |
| elion.health | 96% | 57.2K | #586,544 | View details | |
| notablehealth.com | 81% | 18.8K | #1,445,552 | View details | |
| medicalfuturist.com | 81% | #363,346 | View details | ||
| stryker.com | 81% | 1.1M | #56,352 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Care.ai
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- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Care.ai (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Care.Ai
Complete news archive for Care.ai
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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- Brand-specific news history
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Frequently Asked Questions about Care.ai
Care.ai was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Care.ai is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
Chakri Toleti is the CEO of Care.ai, as recorded in our data. They have also founded this company.
Care.ai is a funded company, having raised a total of $27M across 1 funding round to date. The company's 1st funding round was a Series B of $27M, raised on Nov 2022.
AI-powered smart facility platform for hospitals. It utilizes ambient intelligence and artificial intelligence to enhance patient care and operational efficiency within healthcare facilities which include virtual care, virtual nursing, workforce optimization, patient protocol monitoring, compliance process management, and real-time decision support.
Care.ai's top competitors include CitiusTech, Health Catalyst and Azalea Health.
Care.ai has 2 investors. Key investors include Stryker, and Crescent Cove Advisors.
Yes. Care.ai was acquired by Stryker in August 2024.