About CarePay
CarePay is a company based in Amsterdam (Netherlands) founded in 2015.. CarePay has raised $61.81 million across 6 funding rounds from investors including Agence Francaise de Developpement, Reinsurance Group of America and PharmAccess. CarePay offers products and services including Insurance Platform and Member App. CarePay operates in a competitive market with competitors including PhonePe, Paytm, MoMo, MobiKwik and FreeCharge, among others.
- Headquarter Amsterdam, Netherlands
-
Sectors
HealthcareFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Carepay International
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$61.81 M (USD)
in 6 rounds
-
Latest Funding Round
$5.69 M (USD), Series A
Apr 18, 2025
-
Investors
Agence Francaise de Developpement
& 5 more
-
Employee Count
Employee Count
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
Products & Services of CarePay
CarePay offers a comprehensive portfolio of products and services, including Insurance Platform and Member App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud-based system for automating insurance processes and data insights.
App for members to access benefits and track claims in real-time.
Unlock access to complete
Unlock access to complete
Leadership Team
5 people
Chair Team
1 people
Software Development Team
1 people
Product Management Team
1 people
Unlock access to complete
Funding Insights of CarePay
CarePay has successfully raised a total of $61.81M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $5.69 million completed in April 2025. 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 A — $5.7M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series A - CarePay | Valuation |
investors |
|
| Sep, 2024 | Amount | Series A - CarePay | Valuation | Reinsurance Group of America |
|
| Jul, 2019 | Amount | Grant - CarePay | 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 CarePay
CarePay has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Agence Francaise de Developpement, Reinsurance Group of America and PharmAccess. 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 |
|---|---|---|---|---|
|
Financing solutions are provided for Dutch businesses expanding internationally.
|
Founded Year | Domain | Location | |
|
Private equity and venture capital are directed toward healthcare sectors.
|
Founded Year | Domain | Location | |
|
Global life and health reinsurance services are provided worldwide.
|
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 CarePay
| 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 - CarePay
| 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 |
Carepay Comparisons
Competitors of CarePay
CarePay 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 PhonePe, Paytm, MoMo, MobiKwik and FreeCharge, 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 |
Payment, financial, investment, and lending services are provided digitally.
|
|
| domain | founded_year | HQ Location |
Digital payments, financial services, and e-commerce platforms are provided.
|
|
| domain | founded_year | HQ Location |
MoMo is recognized as a leading fintech application in Vietnam, providing diverse financial services.
|
|
| domain | founded_year | HQ Location |
Operator of platform for online mobile, DTH recharge, and bill payments
|
|
| domain | founded_year | HQ Location |
Digital wallet services for bill payments and recharges are facilitated.
|
|
| domain | founded_year | HQ Location |
Consumer payments are enabled via app-based digital wallet services.
|
| 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 Carepay
Frequently Asked Questions about CarePay
When was CarePay founded?
CarePay was founded in 2015.
Where is CarePay located?
CarePay is headquartered in Amsterdam, Netherlands.
Who is the current CEO of CarePay?
Pieter Prickaerts is the current CEO of CarePay.
Is CarePay a funded company?
CarePay is a funded company, having raised a total of $61.81M across 6 funding rounds to date. The company's 1st funding round was a Grant of $300K, raised on Jun 01, 2015.
What does CarePay do?
Provider of a health insurance platform for global insurers. The platform facilitates the launch of new markets and segments, enabling faster and more efficient operations. It offers automated processes, real-time insights, and tools to manage claims and payments. The platform also includes a member app to enhance member experience and engagement. It supports insurers in streamlining administrative tasks, reducing costs, and improving the overall efficiency of their operations. The technology is designed to be scalable and adaptable to the evolving needs of the insurance industry.
Who are the top competitors of CarePay?
What products or services does CarePay offer?
CarePay offers Insurance Platform and Member App.
Who are CarePay's investors?
CarePay has 6 investors. Key investors include Agence Francaise de Developpement, Reinsurance Group of America, PharmAccess, ELMA Philanthropies, and Invest International.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.