Care.ai

Orlando, United States Founded: 2019 • Age: 7 yrs Acquired By Stryker
AI-powered smart facility platform for hospitals
Annual revenue - Latest available
Total funding $27.0M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Care.ai

Care.ai is a company based in Orlando (United States) founded in 2019 by Chakri Toleti 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. Care.ai operates in a competitive market with competitors including Health Catalyst, CitiusTech, Azalea Health, CompuGroup Medical and IKS Health, among others.

  • Headquarter Orlando, United States
  • Founders Chakri Toleti
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $27 M (USD)

    in 1 rounds

  • Latest Funding Round
    $27 M (USD), Series B

    Nov 22, 2022

  • Investors
    Stryker

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Stryker

    (Aug 12, 2024)

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People of Care.ai

Headcount 50-200
Employee Profiles 21
Employee Profiles
People
David Richardson
Director of network engineering and Telecommunications
People
Joshua Jones
Account Executive
People
Mark Crandell
Chief Delivery Officer
People
Simon Masinde
Software Engineer

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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.

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.

All
Institutional
Investor Description Founded Year Domain Location
Investment firm offering growth capital and advisory to technology companies.
Locked Locked Locked
3D-printed orthopedic products are manufactured for medical applications.
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Investor details for Care.ai

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  • Investor domains
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Investments & Acquisitions by Care.ai

Investments
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Investment portfolio details for Care.ai

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Financial Statements - Care.ai

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Detailed financials for Care.ai

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Care.Ai Comparisons

Care.ai Primary company
Description
AI-powered smart facility platform for hospitals
Location
Orlando, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Care.ai

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Competitors of Care.ai

Care.ai 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 Health Catalyst, CitiusTech, Azalea Health, CompuGroup Medical and IKS Health, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based data analytics are provided for healthcare organizations.
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Provider of AI solutions for clinical, operational, and business outcomes
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EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers
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Suite of practice management, reimbursement, laboratory and analytics solutions to healthcare providers
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Provider of healthcare technology and services for revenue cycle management and clinical support
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E-prescription and secure messaging solutions are offered to healthcare providers.
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Detailed competitors of Care.ai

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Latest news on Care.Ai

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Complete news archive for Care.ai

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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 current CEO of Care.ai. They have also founded this company.

Care.ai is a funded company, having raised a total of $27M across 1 funding round to date.

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 IKS Health, Innovaccer and CompuGroup Medical.

Care.ai has 2 investors. Key investors include Stryker, and Crescent Cove Advisors.

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