About CareScout
CareScout is a company based in Waltham (United States) founded in 1997 was acquired by Genworth in August 2010.. CareScout has completed 1 acquisition, including Seniorly. CareScout offers products and services including CareScout Quality Network and Find Care Service. CareScout operates in a competitive market with competitors including CollectiveHealth, Paytient, eHealth, Clair and Nayya, among others.
- Headquarter Waltham, United States
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Sectors
Financial ServicesTechnology Healthcare
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Phone
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Website
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Social
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- Legal Name Carescout, Llc
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Products & Services of CareScout
CareScout offers a comprehensive portfolio of products and services, including CareScout Quality Network and Find Care Service. 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.
Connects users to vetted home care providers for personalized services.
Allows searching for care providers by city or ZIP code.
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Funding Insights of CareScout
| 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 CareScout
CareScout has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Genworth. 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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Financial solutions for long-term care and insurance are provided by Genworth.
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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 CareScout
CareScout has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Seniorly. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online listing platform for senior accommodation care
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CareScout
| 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 |
Carescout Comparisons
Competitors of CareScout
CareScout 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 CollectiveHealth, Paytient, eHealth, Clair and Nayya, 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 |
Cloud-based self-insurance platform is offered to employers for employee sponsorship.
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| domain | founded_year | HQ Location |
Prepaid healthcare cards are provided to employees by employers.
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| domain | founded_year | HQ Location |
Online health insurance comparison platform for individuals and small businesses
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| domain | founded_year | HQ Location |
Embedded Earned Wage Access solutions are provided for HR platforms.
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| domain | founded_year | HQ Location |
Cloud based benefit marketplace for employees
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| domain | founded_year | HQ Location |
Employee health benefits and insurance solutions are provided by Plum.
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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 CareScout
When was CareScout founded?
CareScout was founded in 1997.
Where is CareScout located?
CareScout is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Who is the current CEO of CareScout?
Ed Motherway is the current CEO of CareScout.
What does CareScout do?
Provider of digital platforms offering health benefits to their employees. It offers a benefits marketplace that provides a strong provider network, and clinical assessments with insights and a variety of clinical resources to insurers, healthcare organizations, and consumers.
Who are the top competitors of CareScout?
CareScout's top competitors include eHealth, CollectiveHealth and Paytient.
What products or services does CareScout offer?
CareScout offers CareScout Quality Network and Find Care Service.
How many acquisitions has CareScout made?
CareScout has made 1 acquisition, including Seniorly.
Who are CareScout's investors?
CareScout has 1 investor. Key investors include Genworth.
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