About CareRev
CareRev is a company based in Los Angeles (United States) founded in 2015 by Will Patterson was acquired by IntelyCare in January 2026.. CareRev has raised $55.37 million across 3 funding rounds from investors including IntelyCare, Transformation Capital and Y Combinator. CareRev offers products and services including CareRev App, Marketplace, and IRP+. CareRev operates in a competitive market with competitors including ShiftMed, Nomad Health, Lantum, Trusted Health and IntelyCare, among others.
- Headquarter Los Angeles, United States
- Founders Will Patterson
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Sectors
HealthcareTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Care.Stat, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$55.37 M (USD)
in 3 rounds
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Latest Funding Round
$5.25 M (USD), Series A
Jul 08, 2025
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Investors
IntelyCare
& 2 more
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Employee Count
Employee Count
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Acquired by
IntelyCare
(Jan 08, 2026)
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Products & Services of CareRev
CareRev offers a comprehensive portfolio of products and services, including CareRev App, Marketplace, and IRP+. 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.
App for healthcare professionals to find and schedule shifts.
Platform connecting facilities and professionals for staffing needs.
System for intelligent rate pricing in healthcare staffing.
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Funding Insights of CareRev
CareRev has successfully raised a total of $55.37M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5.25 million completed in July 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 3
- Last Round Series A — $5.3M
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First Round
First Round
(01 Jun 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series A - CareRev | Valuation |
investors |
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| Apr, 2021 | Amount | Series A - CareRev | Valuation | Transformation Capital |
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| Jun, 2016 | Amount | Seed - CareRev | Valuation | Y Combinator |
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| 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 |
Investors in CareRev
CareRev has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include IntelyCare, Transformation Capital and Y Combinator. 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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Healthcare startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Online contract workforce recruitment platform for nurses
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 CareRev
| 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 - CareRev
| 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 |
Carerev Comparisons
Competitors of CareRev
CareRev 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 ShiftMed, Nomad Health, Lantum, Trusted Health and IntelyCare, 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 |
On-demand staffing platform for healthcare sector is provided.
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| domain | founded_year | HQ Location |
Online on demand staffing platform for the healthcare sector
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| domain | founded_year | HQ Location |
Practices are connected online with nurses and General Practitioners.
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| domain | founded_year | HQ Location |
An on-demand platform for healthcare staffing is operated.
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| domain | founded_year | HQ Location |
Online contract workforce recruitment platform for nurses
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Carerev
Frequently Asked Questions about CareRev
When was CareRev founded?
CareRev was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is CareRev located?
CareRev is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of CareRev?
Will Patterson is the current CEO of CareRev. They have also founded this company.
Is CareRev a funded company?
CareRev is a funded company, having raised a total of $55.37M across 3 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jun 01, 2016.
What does CareRev do?
Founded in 2015 and based in Los Angeles, United States, CareRev operates in the healthcare staffing sector. An online platform is provided for nurses to discover available shifts, manage personal schedules, and indicate preferences. Medical centers are enabled to review nurse availability, confirm assignments, and communicate through integrated messaging. The service facilitates direct coordination between nurses and facilities.
Who are the top competitors of CareRev?
CareRev's top competitors include ShiftMed, Trusted Health and Lantum.
What products or services does CareRev offer?
CareRev offers CareRev App, Marketplace, and IRP+.
Who are CareRev's investors?
CareRev has 3 investors. Key investors include IntelyCare, Transformation Capital, and Y Combinator.