About CareTech UK
CareTech UK is a company based in Potters Bar (United Kingdom) founded in 1993 by Haroon Sheikh and Farouq Sheikh.. The company has 11,473 employees as of January 31, 2022. CareTech UK has completed 3 acquisitions, including DMETCO Home Healthcare, Smartbox and The Wellness.
- Headquarter Potters Bar, United Kingdom
- Employees 11473 as on 31 Jan, 2022
- Founders Haroon Sheikh, Farouq Sheikh
- Stage Public
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$48.64 M (USD), Post-IPO
Mar 22, 2017
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Investors
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Employee Count
11473
as on Jan 31, 2022
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Investments & Acquisitions
DMETCO Home Healthcare
& 2 more
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Funding Insights of CareTech UK
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $48.6M
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First Round
First Round
(22 Mar 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Post-IPO - CareTech UK | Valuation |
investors |
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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 |
Investments & Acquisitions by CareTech UK
CareTech UK has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include DMETCO Home Healthcare, Smartbox and The Wellness. 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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Home healthcare services are delivered to patients in the UAE.
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2011 | ||||
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Construction contractor services are provided in Dubai by The Wellness.
|
2007 | ||||
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Assistive hardware and software for disabled communication are developed.
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2003 |
| 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
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CareTech UK
| 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 Uk Comparisons
Competitors of CareTech UK
| 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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Frequently Asked Questions about CareTech UK
When was CareTech UK founded?
CareTech UK was founded in 1993 and raised its 1st funding round 24 years after it was founded.
Where is CareTech UK located?
CareTech UK is headquartered in Potters Bar, United Kingdom. It is registered at Potters Bar, Hertfordshire, United Kingdom.
Who is the current CEO of CareTech UK?
Haroon Sheikh is the current CEO of CareTech UK. They have also founded this company.
How many employees does CareTech UK have?
As of Jan 31, 2022, the latest employee count at CareTech UK is 11,473.
What does CareTech UK do?
CareTech was founded in 1993 in Potters Bar, United Kingdom, and operates in the social care sector. Services are delivered for children and adults facing learning disabilities, autism, mental health issues, and neurological conditions. Residential options include homes, hospitals, and supported living, while educational provisions cover schools for Aspergers, autism, and social, emotional, and mental health needs. Fostering and assistive technology are also offered, with care adapted to individual requirements.
How many acquisitions has CareTech UK made?
CareTech UK has made 3 acquisitions, including DMETCO Home Healthcare, Smartbox, and The Wellness.