Electronic Care Corp

United States Listed Acquired By MTBC
Cloud-based administrative solutions for healthcare providers are offered.

About Electronic Care Corp

Electronic Care Corp is a publicly listed company based in United States by Mahmud Ul Haq and Mahmud Haq, and was acquired by MTBC in January 2020. Cloud-based administrative solutions for healthcare providers are offered. Electronic Care Corp has raised $130.87 million across 14 funding rounds from investors including SVB, Intel and PNC. The company has 3,650 employees. Electronic Care Corp has completed 5 acquisitions, including MediGain, Meridian Medical Management and MesaBilling. Its chief executive, as recorded, is A Hadi Chaudhry. Its website carecloud.com draws about 59 thousand monthly visits. Electronic Care Corp offers products and services including Electronic Health Records, Revenue Cycle Management, Practice Management, Patient Experience Management, and Telehealth. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its legal entity is CareCloud, Inc. Its competitors include athenahealth, Notable and Symplr; 2 of its 3 listed competitors have raised funding.

Company details

Cloud-based administrative tools are developed by Electronic Care Corp for healthcare providers in the United States. Electronic health records, practice management, and medical billing are facilitated through the platform. Services encompass claims submission, patient billing, scheduling, insurance verification, task management, and real-time patient flow monitoring. A secure communication portal is maintained for interactions between patients, doctors, and staff. Operations center on streamlining administrative processes in the healthcare sector.

Key Metrics
  • Annual Revenue
    $120.5 M (USD)
    8.72
    as on Dec 31, 2025
  • Net Profit
    $10.8 M (USD)
    37.54
    as on Dec 31, 2025
  • EBITDA
    $28.84 M (USD)
    11.37
    as on Dec 31, 2025
  • Total Equity Funding
    $130.87M (USD)

    in 14 rounds

  • Latest Funding Round
    $33.16M (USD), Series C

    May 2019

  • Investors
    SVB

    & 11 more

  • Employee Count
    3,650
  • Investments & Acquisitions
    MediGain

    & 4 more

  • Acquired by
    MTBC

    (Jan 2020)

Products & Services of Electronic Care Corp

Electronic Care Corp offers a comprehensive portfolio of products and services, including Electronic Health Records, Revenue Cycle Management, Practice Management, Patient Experience Management, and Telehealth.

Electronic Health Records
EHR Software

Cloud-based system to enhance patient care and operational efficiency.

Revenue Cycle Management
Financial Solutions

Tools to maximize revenue and simplify administrative tasks.

Practice Management
Operational Tools

Software for scheduling and resource optimization in practices.

Patient Experience Management
Engagement Platforms

Solutions to improve patient satisfaction and interactions.

Telehealth
Virtual Health

Secure platform for remote patient consultations and care.

cirrusAI
AI Tools

AI-driven features for clinical documentation and decision support.

Remote Patient Monitoring
Monitoring Services

Real-time health tracking for proactive patient management.

Apps and channels of Electronic Care Corp

its YouTube channel CareCloud, Inc. has 812 subscribers and 30 videos.

CareCloud, Inc.
YouTube 812 subscribers 30 videos Science & Technology
Open channel

Videos from Electronic Care Corp

The most watched videos on Electronic Care Corp's YouTube channel, CareCloud, Inc. (812 subscribers). Click a video to play it here.

CareCloud Chronic Care Management
1.7K views
CareCloud cirrusAI - Best AI Clinical Documentation Software
1.2K views
CareCloud Remote Patient Monitoring
1.2K views
CareCloud cirrusAI Notes
551 views

More on CareCloud, Inc..

Funding Insights of Electronic Care Corp

Electronic Care Corp has successfully raised a total of $130.87M across 14 strategic funding rounds. The most recent funding activity was a Series C round of $33.16 million completed in May 2019. 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 $130.87M
  • Total Rounds 14
  • Last Round Series C β€” $33.16M
  • First Round $2.3M

    (Jan 2010)

  • Investors Count 11

Latest 10 of 14 funding rounds of Electronic Care Corp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2019$33.16MSeries C––
–
Apr 2018$10.5MPost-IPO––
–
Dec 2017$3.9MPost-IPO––
–
Oct 2017$5MDebt – Conventional––
Sep 2017$10MDebt – Conventional––
Nov 2016$31.5MSeries C–PNC, Blue Cloud Ventures
Jul 2016$500,000Unspecified––
–
Jul 2015$16.87MSeries B–Intel
–
Jul 2014$25.5MDebt – Conventional––
Sep 2013$29.34MSeries B––
Valuation history

12 investors in total: 12 institutional.

Investors in Electronic Care Corp

Electronic Care Corp has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Intel and PNC.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage SaaS companies are funded by the venture capital firm.
bluecloudventures.comNew York, United States
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
1961nvp.comMenlo Park, United States
Investment and partnership services for entrepreneurs in finance and growth support.
tenayacapital.com
Private markets investment management with strategies in equity, credit, and secondary investments.
adamsstreetpartners.com
Tech-focused Venture debt provider investing primarily in the US and Canada
2000wellingtonfund.comToronto, Canada
Venture debt financing is provided to companies in multiple sectors.
2003htgc.comPalo Alto, United States
Banking services are provided to innovative companies, investors, and individuals.
1983svb.comSanta Clara, United States
Commercial bank
2010opusbank.comIrvine, United States
Commercial banking and financing services are provided by PNC.
1845pnc.comPittsburgh, United States
Payment processing and electronic commerce services are offered worldwide.
1971firstdata.comAtlanta, United States
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Investor details for Electronic Care Corp

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People of Electronic Care Corp

114 people are tracked at Electronic Care Corp (31 in leadership, 4 in board & advisors, 79 in team); the tracked headcount is 3,650.

NameRoleGroup
Mahmud Ul Haq
FounderLeadership
Mahmud Haq
FounderLeadership
A Hadi Chaudhry
CEOLeadership
Stephen Snyder
CEOLeadership
Angela Brown
Director Of Business DevelopmentLeadership
Adeel Sarwar
Chief Technology OfficerLeadership
Jorge Nolla
Senior Director Of Devops & OperationsLeadership
Enrico Lopez
Vice President Of ProductsLeadership
David Botero
Director Of Integrations, Enterprise SolutionsLeadership
Francis Guasp
Director, Revenue Cycle OperationsLeadership
Inzmam Ul Haq
Director Of OperationsLeadership
Alfonso Nardi
Senior Vice President StrategyLeadership
Ali Shaukat
Managing Director - Offshore OperationsLeadership
Karl Johnson
Chief Growth OfficerLeadership
Loraine Goetsch
Division President & SVP IntegrationLeadership
Elizabeth Ferrer
VP, Human ResourcesLeadership
Anjum Azad - Crcr
Vice President OperationsLeadership
Chaudry Zaffar Hameed
Senior Project Manager (department Head), CEO OfficeLeadership
Waqif Ullah
Director OperationsLeadership
Irfan Malik
Assistant Director Of OperationsLeadership

94 more people are available in the full profile.

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IPO & Listings of Electronic Care Corp

Electronic Care Corp is a publicly listed company on the NASDAQ with ticker symbol CCLD in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date23 Jul 2014
  • Listed onNASDAQ: CCLD
  • Listed entityCareCloud, Inc.
  • Exchange sectorTechnology services
  • ISINUS14167R1005
  • Share price$1.95 (+0.52% on the day) · 2026-10-13
  • Market capitalisation$82.9M
  • Price to earnings28.0
  • EPS (diluted, trailing year)$0.07
  • Volume (last session)241,188

Financials of Electronic Care Corp

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$120.5M$10.8M$28.8M
2024$110.8M$7.8M$25.9M
2023$117.1M-$48.7M$12.8M
2022$138.8M$5.4M$20.6M
2021$139.6M$2.8M$20.1M
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Detailed financial statements for Electronic Care Corp

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by Electronic Care Corp

Electronic Care Corp has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include MediGain, Meridian Medical Management and MesaBilling.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Medical billing services are provided to healthcare entities.
mesabilling.comBrookfield, United States2008Mar 2025β€’β€’β€’β€’
Revenue cycle management is provided for anesthesia practices.
originanesthesia.comRutherford, United States1990Jun 2020β€’β€’β€’β€’
Industrial and power cables are manufactured for diverse applications.
m3meridian.comWilbraham, United States1996Jun 2020$15M
Revenue cycle management services are offered to healthcare providers.
medigain.comPlano, United States2004Oct 2016β€’β€’β€’β€’
Provider of medical billing services
upms.net2002Feb 2012β€’β€’β€’β€’
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Timeline of Electronic Care Corp

9 dated milestones of Electronic Care Corp across 15 years, from founding to its latest funding, stage changes and deals.

  1. Funding First funding round of $2.3M.
  2. Acquisition Acquires United Physicians Management Services.
  3. IPO Lists on the stock exchange (IPO).
  4. Acquisition Acquires MediGain.
  5. Funding Latest funding round, Series C, of $33.2M.
  6. Exit Acquired by MTBC.
  7. Acquisition Acquires Meridian Medical Management.
  8. Acquisition Acquires Origin Healthcare Solutions.
  9. Acquisition Acquires MesaBilling.

Competitors of Electronic Care Corp

Electronic Care Corp has 3 listed competitors in our database, 2 of them funded. They include athenahealth, Notable and Symplr.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
athenahealth.com1997Watertown, United States$40M4,445
Cloud-based administrative tools for healthcare providers are offered.
notablehealth.com2017San Mateo, United States$116.5M217
Wearable device provided for capturing patient-doctor interactions.
symplr.com2006Houston, United States107
Cloud-based administrative solutions for healthcare credentialing and compliance are offered.
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Detailed competitors of Electronic Care Corp

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Web traffic of Electronic Care Corp

The website of Electronic Care Corp (carecloud.com) receives about 59.2K visits a month.

  • Monthly visits
    59.2K

    ▼ 4.3% vs previous month

Similar websites

Websites whose visitors overlap most with Electronic Care Corp. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
practicefusion.com
100%
4.1M#6,638View details
athenahealth.com
92%
33.3M#983View details
bellmedex.com
89%
41K#812,693View details
curemd.com
88%
#626,216View details
advancedmd.com
85%
8.3M#6,321View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Electronic Care Corp

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Top companies in Clinical IT & Data Platforms

3 companies that operate in the same segment as Electronic Care Corp (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M1,746
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Related news about Electronic Care Corp

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Frequently Asked Questions about Electronic Care Corp

Electronic Care Corp is headquartered in United States.

A Hadi Chaudhry is the CEO of Electronic Care Corp, as recorded in our data.

Electronic Care Corp is a funded company, having raised a total of $130.87M across 14 funding rounds to date. The company's 1st funding round was a Series B of $29.34M, raised on Jan 2010.

Electronic Care Corp has 3,650 employees.

Annual revenue of Electronic Care Corp is $120.5M as on Dec 31, 2025.

Cloud-based administrative tools are developed by Electronic Care Corp for healthcare providers in the United States. Electronic health records, practice management, and medical billing are facilitated through the platform. Services encompass claims submission, patient billing, scheduling, insurance verification, task management, and real-time patient flow monitoring. A secure communication portal is maintained for interactions between patients, doctors, and staff. Operations center on streamlining administrative processes in the healthcare sector.

Electronic Care Corp's top competitors include athenahealth, Notable and Symplr.

Electronic Care Corp offers Electronic Health Records, Revenue Cycle Management, Practice Management, Patient Experience Management, and 3 more products and services.

Yes, Electronic Care Corp is publicly traded on NASDAQ under the ticker symbol CCLD.

Electronic Care Corp has made 5 acquisitions, including MediGain, Meridian Medical Management, and MesaBilling.

Electronic Care Corp has 12 investors. Key investors include SVB, Intel, PNC, Fiserv, and Hercules Capital.

Electronic Care Corp operates through Carecloud, Inc..

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