About Careturner
Careturner is a company based in Herlev (Denmark) founded in 2014.. Careturner has raised $1.66 million across 3 funding rounds. Careturner offers products and services including Careturner Device and Pressure Mapping Tool. Careturner operates in a competitive market with competitors including Joerns Healthcare, National Seating & Mobility, Reactive Robotics, Rehab Medical and Ondal Medical Systems, among others.
- Headquarter Herlev, Denmark
- Stage Minicorn
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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 Careturner A/S
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.66 M (USD)
in 3 rounds
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Latest Funding Round
$876.11 K (USD), Seed
Feb 24, 2021
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Investors
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Employee Count
Employee Count
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Acquired by
(Oct 03, 2024)
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Products & Services of Careturner
Careturner offers a comprehensive portfolio of products and services, including Careturner Device and Pressure Mapping Tool. 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.
Automated system for patient turning to prevent ulcers and aid mobilization.
Technology for monitoring patient pressure distribution in care settings.
Funding Insights of Careturner
Careturner has successfully raised a total of $1.66M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $876.11 thousand completed in February 2021. 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 Seed — $876,108
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First Round
First Round
(12 Oct 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Seed - Careturner | Valuation |
investors |
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| Jun, 2018 | Amount | Seed - Careturner | Valuation |
investors |
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| Oct, 2017 | Amount | Seed - Careturner | 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 Careturner
| 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 - Careturner
| 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 |
Careturner Comparisons
Competitors of Careturner
Careturner 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 Joerns Healthcare, National Seating & Mobility, Reactive Robotics, Rehab Medical and Ondal Medical Systems, 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 |
Post-acute care services and healthcare products are supplied nationwide.
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| domain | founded_year | HQ Location |
Developer of smart devices for patient mobility services
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| domain | founded_year | HQ Location |
Robotic hospital equipment for early patient mobilization is developed.
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| domain | founded_year | HQ Location |
Patient mobility equipment, including wheelchairs, is developed by Rehab Medical.
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| domain | founded_year | HQ Location |
Electromechanical hospital equipment is developed and manufactured.
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| domain | founded_year | HQ Location |
The Patient Company is focused on developing patient transfer solutions.
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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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Frequently Asked Questions about Careturner
When was Careturner founded?
Careturner was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Careturner located?
Careturner is headquartered in Herlev, Denmark.
Who is the current CEO of Careturner?
Michael Kock is the current CEO of Careturner.
Is Careturner a funded company?
Careturner is a funded company, having raised a total of $1.66M across 3 funding rounds to date. The company's 1st funding round was a Seed of $143.09K, raised on Oct 12, 2017.
What does Careturner do?
Careturner was founded in 2014 in Herlev, Denmark, within the medical equipment sector. Devices are developed to assist in patient relocation and prevent pressure ulcers. The Care Turner product is designed for installation on hospital and nursing home beds, operating in manual or automatic modes to gently turn patients side to side overnight. Customized solutions are provided to fit various bed types in healthcare facilities.
Who are the top competitors of Careturner?
Careturner's top competitors include National Seating & Mobility, Joerns Healthcare and Reactive Robotics.
What products or services does Careturner offer?
Careturner offers Careturner Device and Pressure Mapping Tool.
What is Careturner's valuation?
The valuation of Careturner is $3.81M as of Feb 2021.