About CareTech Solutions
CareTech Solutions is a company based in Troy (United States) founded in 1998 was acquired by HTC Global Services in December 2014.. The company has 236 employees as of April 09, 2024. CareTech Solutions offers products and services including Contact Center Services, Cloud Services, and Application Development. CareTech Solutions operates in a competitive market with competitors including Carta Healthcare, Verana Health, Clearsense, ClearDATA and Truveta, among others.
- Headquarter Troy, United States
- Employees 236 as on 09 Apr, 2024
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Caretech Solutions (India) Private Limited
- Date of Incorporation 21 Aug, 2015
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$4.36 M (USD)-11.49as on Mar 31, 2023
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Net Profit
$435.01 K (USD)-48.03as on Mar 31, 2023
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EBITDA
$434.56 K (USD)-54.92as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
236
as on Apr 09, 2024
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Acquired by
HTC Global Services
(Dec 18, 2014)
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Products & Services of CareTech Solutions
CareTech Solutions offers a comprehensive portfolio of products and services, including Contact Center Services, Cloud Services, and Application Development. 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.
Delivers omnichannel support for quick customer resolutions and business growth.
Provides secure cloud solutions for data management and operational efficiency.
Offers agile development and maintenance for enterprise applications and modernization.
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Software Development Team
170 people
Leadership Team
45 people
Senior Team
39 people
Sales and Marketing
28 people
Human Resources and Administration
15 people
Data Analysis and Operations Team
13 people
Associate Team
11 people
Lead Team
9 people
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Funding Insights of CareTech Solutions
| 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 CareTech Solutions
CareTech Solutions has secured backing from 1 investor. Prominent investors backing the company include HTC Industries. 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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HTC Industries is recognized for providing enterprise AI and digital transformation solutions.
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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 CareTech Solutions
| 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 - CareTech Solutions
| 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 |
Caretech Solutions Comparisons
Competitors of CareTech Solutions
CareTech Solutions 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 Carta Healthcare, Verana Health, Clearsense, ClearDATA and Truveta, 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 |
AI-driven clinical data management tools are offered to healthcare providers.
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| domain | founded_year | HQ Location |
Verana Health is focused on real-world data analytics in healthcare.
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| domain | founded_year | HQ Location |
Healthcare analytics platforms and applications are developed for clinicians.
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| domain | founded_year | HQ Location |
Cloud-based clinical data management platform for healthcare providers
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| domain | founded_year | HQ Location |
Healthcare data platform for learning services is provided.
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| domain | founded_year | HQ Location |
Provider of an AI-based medical data management and mining platform for the healthcare industry
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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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Latest news on Caretech Solutions
Frequently Asked Questions about CareTech Solutions
When was CareTech Solutions founded?
CareTech Solutions was founded in 1998.
Where is CareTech Solutions located?
CareTech Solutions is headquartered in Troy, United States.
How many employees does CareTech Solutions have?
As of Apr 09, 2024, the latest employee count at CareTech Solutions is 236.
What is the annual revenue of CareTech Solutions?
Annual revenue of CareTech Solutions is $4.36M as on Mar 31, 2023.
What does CareTech Solutions do?
CareTech Solutions offers suite of IT services, web products and document management solutions for U.S. hospitals and health systems. Solutions include proprietary products - Cablecare, a suite solution; BoardNet and Careworks content-management-systems and iDoc solutions for document management. Received Best in KLAS award for IT Outsourcing (Extensive) in 2008, 2009, 2010, 2011, 2013 and 2014; and the 2012 and 2013 IT Partial Outsourcing Award. Acquired IGCN in November, 2009. CareTech Solutions is a Health IT subsidiary of HTC Global Services.
Who are the top competitors of CareTech Solutions?
CareTech Solutions's top competitors include Carta Healthcare, Truveta and ClearDATA.
What products or services does CareTech Solutions offer?
CareTech Solutions offers Contact Center Services, Cloud Services, and Application Development.
Who are CareTech Solutions's investors?
CareTech Solutions has 1 investor. Key investors include HTC Industries.