
About CareConnectMD
CareConnectMD is a Healthcare company based in Huntington Beach (United States) founded in 1996. Value-based care is delivered to high-needs patients in long-term facilities. CareConnectMD has raised $25 million across 3 funding rounds from investors including Triple Tree. The company has 1 employees. CareConnectMD offers products and services including Value-Based Care Services and ACO Programs. Its focus areas include Rehabilitation and Long-Term Care and Diversified. Its legal entity in India is Caremd Tech India Private Limited (U73100TN2022PTC157095).
Company details
Provider of value-based care for high-needs patients in long-term care. This organization offers care coordination and risk management services to skilled nursing facilities and long-term care providers. They utilize models such as MSSP and High-Needs ACO REACH to improve patient outcomes and reduce costs. Services are designed to empower patients and their families while optimizing care for providers. A focus is placed on improving the quality of life for patients with complex medical needs, particularly those nearing the end of life.
- Headquarters Huntington Beach, United States
- Employees 1
- SectorsHealthcare
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website careconnectmd.com
- Social LinkedIn
- Legal Name Caremd Tech India Private Limited
- Date of Incorporation 05 Dec, 2022
- Jurisdiction Chennai, Tamil Nadu, India
- Total Equity Funding$25M (USD)
in 3 rounds
- Latest Funding Round$25M (USD), Series A
May 2022
- Investors
- Employee Count1
Associated legal entities of CareConnectMD
CareConnectMD operates through Caremd Tech India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Caremd Tech India Private Limited CIN U73100TN2022PTC157095 | Active | 05 Dec 2022 | Chennai, Tamil Nadu | 2 | View details |
Products & Services of CareConnectMD
CareConnectMD offers a comprehensive portfolio of products and services, including Value-Based Care Services and ACO Programs.
Value-based care services are delivered for post-acute and high-needs patients, focusing on quality improvement and cost reduction in long-term care settings
ACO programs such as MSSP and ACO REACH are implemented to enhance care coordination and support providers in managing high-needs beneficiaries
Funding Insights of CareConnectMD
CareConnectMD has successfully raised a total of $25M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $25 million completed in May 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 $25M
- Total Rounds 3
- Last Round Series A β $25M
- First Round $1.23M
(Jul 2018)
- Investors Count 1
All 3 funding rounds of CareConnectMD 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 |
|---|---|---|---|---|---|
| May 2022 | $25M | Series A | β | Triple Tree | β |
| Aug 2018 | $1.54M | Unspecified | β | β | β |
| Jul 2018 | $1.23M | Unspecified | β | β | β |
1 investors in total: 1 institutional.
Investors in CareConnectMD
CareConnectMD has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Triple Tree.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Healthcare-focused investment banking services are offered by Triple Tree. | 1997 | triple-tree.com | Minneapolis, United States |
Investor details for CareConnectMD
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Caremd Tech India Private Limited (CareConnectMD)
Caremd Tech India Private Limited is the primary company behind CareConnectMD. The board of Caremd Tech India Private Limited currently have 2 directors; the longest-serving is Kyathenahally Narayanaiyengar Sumaiyengar, appointed in 2022. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kyathenahally Narayanaiyengar Sumaiyengar DIN 09812863 | Director | 05 Dec 2022 | 3 yrs 11 mo | Caremd Tech India Private Limited |
| Ramapriya DIN 07364467 | Director | 02 Jan 2023 | 3 yrs 10 mo | Caremd Tech India Private Limited |
People of CareConnectMD
17 people are tracked at CareConnectMD (8 in leadership, 2 in board & advisors, 7 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Wendy Cabrera | Director of Human Resources | Leadership |
Kim Phan | Founder, CEO | Leadership |
Alan Hoops | Managing Director | Leadership |
Megan Lenthe | Chief Technology Officer | Leadership |
Will Simson | Chief Financial Officer | Leadership |
Mary McCormack | Senior Vice President Contracting And Administration | Leadership |
Kori Eastman | Director Of Product Management | Leadership |
Callon Nichols | Chief Of Staff To The CEO | Leadership |
Ken Kim | Clinical Advisor | Board & advisors |
Ujjwala Dheeriya | Clinical Director | Board & advisors |
Elizabeth Monden, SPHR, SHRM-SCP | Human Resources Consultant | Team |
Anna Lee | Senior Finance Manager and Analytics | Team |
Liliane Idylle | Senior Medical Officer | Team |
Rashed Behroz | Healthcare Compliance, Privacy & Security Officer | Team |
Eudora Joseph | Senior Finance Manager and Analytics | Team |
Ellyn Loveland | Administrative Assistant | Team |
Steven Sprunger | Lead Marketing Designer | Team |
Complete people profiles for CareConnectMD
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of CareConnectMD
3 dated milestones of CareConnectMD across 26 years, from founding to its latest funding, stage changes and deals.
- Founded CareConnectMD is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Series A, of $25.0M.
Web traffic of CareConnectMD
The website of CareConnectMD (careconnectmd.com) receives about 3.3K visits a month.
- Monthly visits3.3K
▲ 85.6% vs previous month
Top companies in Home & Rehabilitation Care
3 companies that operate in the same segment as CareConnectMD (Home & Rehabilitation Care) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Primary healthcare is delivered through telemedicine services. | 2014 | San Francisco, California, United States | USD 31.05 M | |||
A medical group that delivers house calls and team-based interdisciplinary care to chronically ill population. | 2013 | Buffalo, New York, United States | USD 60.9 M | 765 | ||
Substance abuse therapy centers are operated nationwide for recovery support. | 2014 | Burlington, Vermont, United States | USD 60 M |
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Frequently Asked Questions about CareConnectMD
CareConnectMD was founded in 1996 and raised its 1st funding round 22 years after it was founded.
CareConnectMD is headquartered in Huntington Beach, United States. It is registered at Huntington Beach, California, United States.
CareConnectMD is a funded company, having raised a total of $25M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $1.23M, raised on Jul 2018.
CareConnectMD has 1 employees.
Provider of value-based care for high-needs patients in long-term care. This organization offers care coordination and risk management services to skilled nursing facilities and long-term care providers. They utilize models such as MSSP and High-Needs ACO REACH to improve patient outcomes and reduce costs. Services are designed to empower patients and their families while optimizing care for providers. A focus is placed on improving the quality of life for patients with complex medical needs, particularly those nearing the end of life.
CareConnectMD offers Value-Based Care Services and ACO Programs.
CareConnectMD has 1 investor. Key investors include Triple Tree.
CareConnectMD operates through Caremd Tech India Private Limited.
The legal entities of CareConnectMD currently have 2 directors, including Kyathenahally Narayanaiyengar Sumaiyengar, Ramapriya.