About Careport
Careport is a company based in Boston (United States) founded in 2012 was acquired by WellSky in October 2020.. Careport has raised $5.4 million across 5 funding rounds from investors including WellSky, Techstars and Rothenberg Ventures. The company has 6,240 employees as of September 30, 2019. Careport offers products and services including Care Coordination, Discharge Planning, ED Optimization, and Transitional Care Management. Careport operates in a competitive market with competitors including Laguna, Navihealth, SeamlessMD, Contessa Health and CareCentrix, among others.
- Headquarter Boston, United States
- Employees 6240 as on 30 Sep, 2019
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Allscripts Healthcare, Llc
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Products & Services of Careport
Careport offers a comprehensive portfolio of products and services, including Care Coordination, Discharge Planning, ED Optimization, and Transitional Care Management. 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.
Platform to identify and track patients across care settings.
Streamlines patient transfers to post-acute providers.
Reduces unnecessary admissions and rehospitalizations.
Connects with patients after discharge to minimize readmissions.
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Funding Insights of Careport
Careport has successfully raised a total of $5.4M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $3.8 million completed in May 2015. 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 5
- Last Round Series A — $3.8M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2015 | Amount | Series A - Careport | Valuation | Baseline Ventures | |
| Mar, 2013 | Amount | Debt – Conventional - Careport | Valuation |
investors |
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| Mar, 2013 | Amount | Seed - Careport | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Careport
Careport has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include WellSky, Techstars and Rothenberg Ventures. 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 |
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Early-stage US companies are invested in by Rothenberg Ventures.
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Careport
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Careport
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Careport Comparisons
Competitors of Careport
Careport 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 Laguna, Navihealth, SeamlessMD, Contessa Health and CareCentrix, 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 |
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| domain | founded_year | HQ Location |
AI-based patient care management solutions are provided for hospitals.
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| domain | founded_year | HQ Location |
Technology , clinical services and advisory solutions for post-acute care
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| domain | founded_year | HQ Location |
Surgery recovery is managed via interactive mobile platforms for patients.
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| domain | founded_year | HQ Location |
Home-based recovery programs are coordinated for post-surgical and chronic patients.
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Provider of home health care services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Careport
When was Careport founded?
Careport was founded in 2012.
Where is Careport located?
Careport is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Careport a funded company?
Careport is a funded company, having raised a total of $5.4M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Aug 23, 2012.
How many employees does Careport have?
As of Sep 30, 2019, the latest employee count at Careport is 6,240.
What does Careport do?
Provider of cloud-based post-acute care coordination platform for hospitals. The platform coordinates post-acute care delivery by networking patients with post-hospital treatment and education during recovery. Patients can search for post-hospital care providers and book using the software. The software enables hospitals to evaluate and manage patients through customized treatment plans. Patients are provided with optimized care guides with the cloud-based EHR integration, connect with physicians for referrals, and get provider performance metrics.
Who are the top competitors of Careport?
Careport's top competitors include Contessa Health, Watershed Health and Laguna.
What products or services does Careport offer?
Careport offers Care Coordination, Discharge Planning, ED Optimization, and Transitional Care Management.
Who are Careport's investors?
Careport has 11 investors. Key investors include WellSky, Techstars, Rothenberg Ventures, 500 Global, and Excelerate Health Ventures.
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