About CarenaMD
CarenaMD is a Healthcare company based in Boston (United States) founded in 2000, and was acquired by Avizia in October 2017. Web and mobile app-based video consultation with the doctor. CarenaMD has raised $42.09 million across 6 funding rounds from investors including Amwell, CommonSpirit Health and Cambia Health Solutions. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Provider and Telemedicine Solutions. Its competitors include Amwell, Truepill and VSee; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Boston, United States
- Stage Acquired
- SectorsHealthcare
- Website carenamd.com
- Social LinkedIn X
- Acquired by Avizia (Oct 2017)
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 $42.09M
- Total Rounds 6
- Last Round Series D — $6M
- First Round $3.5M
(Feb 2008)
- Investors Count 7
All 6 funding rounds of CarenaMD 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 |
|---|---|---|---|---|---|
| Jun 2017 | $6M | Series D | – | Cambia Health Solutions, Catholic Health Initiatives | – |
| Jun 2015 | $13.45M | Series D | – | Catholic Health Initiatives, Cambia Health Solutions | – |
| Apr 2015 | $2.5M | Debt – Conventional | – | – | – |
| Jun 2012 | $14M | Series C | – | – | |
| Jun 2012 | $5.14M | Series B | – | – | – |
| Feb 2008 | $3.5M | Series A | – | – | – |
8 investors in total: 8 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed by McKesson Ventures toward early-stage healthcare startups. | ventures.mckesson.com | San Francisco, United States | ||
Early-stage tech focused VC firm investing in geographies such as the US | martinventures.com | Nashville, United States | ||
Venture capital investments are offered by Fluke Venture Partners. | flukeventures.com | Kirkland, United States | ||
Cambia Health Solutions is focused on transforming health care delivery. | cambiahealth.com | Portland, United States | ||
Integrated healthcare services are delivered via hospitals and clinics network. | 1996 | catholichealthinitiatives.org | Englewood, United States | |
Offers business development, advisory, and financial modeling for company growth. | 2006 | fluid-capital.com | Fort Lauderdale, United States | |
Provides real estate brokerage services for property buying and selling. | 1956 | benaroya.com | Seattle, United States | |
Integrated telemedicine solutions combining devices, software, and services are provided. | 2013 | avizia.com | Reston, United States |
Investor details for CarenaMD
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of CarenaMD
4 dated milestones of CarenaMD across 17 years, from founding to its latest funding, stage changes and deals.
- Founded CarenaMD is founded.
- Funding First funding round of $3.5M.
- Funding Latest funding round, Series D, of $6.0M.
- Exit Acquired by Avizia.
Competitors of CarenaMD
CarenaMD has 3 listed competitors in our database, 3 of them funded. They include Amwell, Truepill and VSee.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| amwell.com | 2006 | Boston, United States | $887.35M | 742 | Telehealth solutions are provided for doctors and patients' consultations. | |
| truepill.com | 2016 | Hayward, United States | $322.12M | Medicines are ordered and delivered through an API-connected healthcare app. | ||
| vsee.com | 2008 | Sunnyvale, United States | $3.02M | 8 | Secure video platforms for telehealth, education, and enterprises are provided. |
Detailed competitors of CarenaMD
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- Full competitor set
- Operating metrics
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Web traffic of CarenaMD
Websites that share an audience with CarenaMD (carenamd.com).
Websites whose visitors overlap most with CarenaMD. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| earlysense.com | 100% | View details | |||
kshomecare.org | kshomecare.org | 94% | – | ||
calvivahealth.org | calvivahealth.org | 94% | #814,447 | – | |
| zephyranywhere.com | 94% | 3.1K | #5,280,964 | View details | |
| amerihealth.com | 94% | 265.5K | #118,851 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for CarenaMD
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as CarenaMD (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 Carenamd
Complete news archive for CarenaMD
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Frequently Asked Questions about CarenaMD
CarenaMD was founded in 2000 and raised its 1st funding round 8 years after it was founded.
CarenaMD is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
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 Series A of $3.5M, raised on Feb 2008.
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.
CarenaMD has 8 investors. Key investors include Amwell, CommonSpirit Health, Cambia Health Solutions, McKesson Ventures, and Martin Ventures.
Yes. CarenaMD was acquired by Avizia in October 2017.