About CarenaMD
CarenaMD is a company based in Boston (United States) founded in 2000 was acquired by Avizia in October 2017.. CarenaMD has raised $42.09 million across 6 funding rounds from investors including Amwell, CommonSpirit Health and Cambia Health Solutions. CarenaMD operates in a competitive market with competitors including Amwell, Truepill, VSee, eVisit and Bright.md, among others.
- Headquarter Boston, United States
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of CarenaMD
CarenaMD has successfully raised a total of $42.09M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $6 million completed in June 2017. 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 6
- Last Round Series D — $6.0M
-
First Round
First Round
(14 Feb 2008)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Series D - CarenaMD | Valuation | Cambia Health Solutions , Catholic Health Initiatives |
|
| Jun, 2015 | Amount | Series D - CarenaMD | Valuation | Catholic Health Initiatives , Cambia Health Solutions |
|
| Apr, 2015 | Amount | Debt – Conventional - CarenaMD | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CarenaMD
CarenaMD has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Amwell, CommonSpirit Health and Cambia Health Solutions. 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 |
|---|---|---|---|---|
|
Investments are directed by McKesson Ventures toward early-stage healthcare startups.
|
Founded Year | Domain | Location | |
|
Early-stage tech focused VC firm investing in geographies such as the US
|
Founded Year | Domain | Location | |
|
Venture capital investments are offered by Fluke Venture Partners.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by CarenaMD
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - CarenaMD
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Carenamd Comparisons
Competitors of CarenaMD
CarenaMD 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 Amwell, Truepill, VSee, eVisit and Bright.md, 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 |
Telehealth solutions are provided for doctors and patients' consultations.
|
|
| domain | founded_year | HQ Location |
Medicines are ordered and delivered through an API-connected healthcare app.
|
|
| domain | founded_year | HQ Location |
Secure video platforms for telehealth, education, and enterprises are provided.
|
|
| domain | founded_year | HQ Location |
A virtual care platform is provided for health systems by eVisit.
|
|
| domain | founded_year | HQ Location |
Provider of virtual telehealth and physician assistant for hospitals and patients
|
|
| domain | founded_year | HQ Location |
Form-based consultation software is provided for patients and healthcare providers.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Carenamd
Frequently Asked Questions about CarenaMD
When was CarenaMD founded?
CarenaMD was founded in 2000 and raised its 1st funding round 8 years after it was founded.
Where is CarenaMD located?
CarenaMD is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is CarenaMD a funded company?
CarenaMD is a funded company, having raised a total of $42.09M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $2.5M, raised on Feb 14, 2008.
What does CarenaMD do?
Founded in 2000 and based in Boston, United States, CarenaMD operates in the telemedicine sector. Web and mobile app-based video consultations are provided to patients, with partnerships formed with health systems to establish virtual online clinics. Evidence-based medicine is integrated with 247 access to board-certified clinicians. Health systems may utilize CarenaMDs provider network or staff clinics with their own personnel.
Who are the top competitors of CarenaMD?
Who are CarenaMD's investors?
CarenaMD has 8 investors. Key investors include Amwell, CommonSpirit Health, Cambia Health Solutions, McKesson Ventures, and Martin Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.