About Carewell
Carewell is a company based in Charlotte (United States) founded in 2015 by Jonathan Magolnick and Bianca L Padilla. Carewell has raised $54.72 million across 3 funding rounds from investors including Headline, Sageview Capital and Primetime Partners. Carewell offers products and services including Adult Diapers, Nutrition Shakes, and Baby Diapers. Carewell operates in a competitive market with competitors including Etsy, Zulily, Amazon, Wish Shopping and FabFitfun, among others.
- Total Equity Funding$54.72M (USD)
in 3 rounds
- Latest Funding Round$24.72M (USD), Series B
Jun 2023
- InvestorsHeadline
& 9 more
Products & Services of Carewell
Carewell offers a comprehensive portfolio of products and services, including Adult Diapers, Nutrition Shakes, and Baby Diapers.
Products for managing urinary incontinence and comfort.
Drinks designed for weight gain and tube feeding support.
Essentials for infant diapering and health maintenance.
Apps and channels of Carewell
its YouTube channel Carewell has 41.1K subscribers and 30 videos.
Videos from Carewell
The most watched videos on Carewell's YouTube channel, Carewell (41.1K subscribers). Click a video to play it here.
More on Carewell .
Funding Insights of Carewell
Carewell has successfully raised a total of $54.72M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $24.72 million completed in June 2023. 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 $54.72M
- Total Rounds 3
- Last Round Series B — $24.72M
- First Round $5M
(Sep 2020)
- Investors Count 10
All 3 funding rounds of Carewell with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $24.72M | Series B | – | MBF Healthcare Partners | |
| May 2021 | $25M | Series A | – | – | – |
| Sep 2020 | $5M | Seed | – | Headline, NextView Ventures |
10 investors in total: 7 institutional and 3 angel.
Investors in Carewell
Carewell has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Headline, Sageview Capital and Primetime Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage tech startups across multiple sectors. | – | headline.com | San Francisco, United States | |
Private equity investments are pursued in Europe and the US. | – | sageviewcapital.com | Palo Alto, United States | |
- | – | primetimepartners.com | - | |
Seed-stage tech startups are invested in by NextView Ventures. | – | nextview.vc | Boston, United States | |
Fund-of-funds and VC investor funding companies in the US | – | floridaopportunityfund.com | Coral Gables, United States | |
Healthcare growth is accelerated through strategic investments by MBF. | 2005 | mbfhp.com | Coral Gables, United States | |
- | – | anchorcapitalgp.com | - | |
JK Jason Klinghoffer | Angel investor focusing on Indian startups, tech enthusiast | – | unknown_ef3a9f060362491fa | - |
NB Nadia Boujarwah | - | – | unknown_03ab358f896a457cb | - |
LG Lydia Gilbert | Angel investor, ex-SoftBank, focused on consumer tech and marketplaces | – | unknown_2e2de5fe0b7b4228b | - |
Investor details for Carewell
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Carewell
14 people are tracked at Carewell (8 in leadership, 6 in team).
| Name | Role | Group |
|---|---|---|
Jonathan Magolnick | Co-Founder & COO | Leadership |
Bianca L Padilla | Co-Founder & CEO | Leadership |
Bianca Padilla | Co-founder & CEO | Leadership |
Brianna Maguire | Chief Of Staff | Leadership |
Reagan Adams | Senior Director Of Customer Care | Leadership |
Rob Foley | Director Of Merchandise Operations & Supply Chain | Leadership |
Evan Wexler | Vice President Supply Chain | Leadership |
Mike Pacifico | Chief Financial Officer | Leadership |
Adeola Yusuf | Customer Care Team Lead | Team |
Mercy Padilla | Operations Manager | Team |
Evan Nudd | Staff Software Engineer | Team |
Lourdes Magolnick | Lead Product Owner | Team |
Elizabeth Mallory | Senior Manager, Brand Content & Copy | Team |
Amber Anderson | Operations Manager | Team |
Complete people profiles for Carewell
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Carewell
3 dated milestones of Carewell across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Carewell is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series B, of $24.7M.
Competitors of Carewell
Carewell 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 Etsy, Zulily, Amazon, Wish Shopping and FabFitfun, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| etsy.com | 2005 | Dublin, Ireland | $97.95M | 2,400 | Online marketplace offering multi-category products from independent designers | |
| zulily.com | 2009 | Seattle, United States | $134.6M | 2,866 | Online shopping platform is operated via flash sales by Zulily. | |
| amazon.com | 1994 | Seattle, United States | $8M | 1,556,000 | Multi-category products are offered through an online marketplace. | |
| wish.com | 2009 | San Francisco, United States | $928.7M | 739 | Online marketplace platform offering multi-category consumer products | |
| fabfitfun.com | 2010 | Beverly Hills, United States | $94.62M | 361 | Online retailer offering subscription-based multi-category products | |
| redbubble.com | 2006 | San Francisco, United States | $12.34M | 170 | Artist-designed products are sold via an online marketplace. | |
| groupon.com | 2007 | Chicago, United States | – | 969 | Online marketplace offering deals on multi-category products and services | |
| kogan.com | 2006 | Melbourne, Australia | – | – | Multi-category products such as electronics and fashion are retailed online. |
Detailed competitors of Carewell
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Carewell
The website of Carewell (carewell.com) receives about 611K visits a month and ranks #76,793 among all websites worldwide, #2,175 in Health.
- Monthly visits611K
▲ 2.4% vs previous month
- Unique visitors335.4K
per month
- Global rank#76,793
among all websites
- Category rank#2,175
Health · Health
- Bounce rate55%
- Pages per visit3.3
- Average visit1 min 44 sec
- DevicesDesktop 28% · Mobile 72%
Websites whose visitors overlap most with Carewell. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| vitalitymedical.com | 100% | 770.1K | #63,807 | View details | |
depend.com | depend.com | 83% | – | #421,512 | – |
| medicalmonks.com | 83% | – | #270,355 | View details | |
abbottnutrition.com | abbottnutrition.com | 80% | – | #333,869 | – |
| honestmed.com | 79% | 118.6K | #263,997 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Carewell
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Carewell
Complete news archive for Carewell
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Carewell
10 companies that operate in the same segment as Carewell (Marketplaces & General E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | – | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Multi-category consumer products are sold via an online marketplace. | 2010 | Seoul, South Korea | USD 3.9 B | USD 34.53 B | 95,000 | |
Multi-category products are sold via an online marketplace platform. | 2012 | Singapore, Singapore | USD 689.63 M | – | – | |
Multi-category products are offered through an online marketplace. | 1994 | Seattle, Washington, United States | USD 8 M | – | – | |
Multi-category second-hand products are offered via online marketplace platform. | 2007 | Moscow, Russia | USD 161 M | – | – | |
Used multi-category products are traded on an online marketplace platform. | 2013 | Minato, Tokyo, Japan | USD 117.3 M | USD 1.41 B | – | |
Multi-category consumer products are sold via an online marketplace platform. | 1999 | Buenos Aires, Argentina | – | USD 28.89 B | 84,210 | |
App-based marketplace and classified platform for multi-category products | 2013 | Barcelona, Catalonia, Spain | USD 370.56 M | – | – | |
Multi-category consumer products are offered via an online marketplace. | 1998 | Moscow, Russia | USD 442.27 M | – | – |
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Frequently Asked Questions about Carewell
Carewell was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Carewell is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Bianca L Padilla is the current CEO of Carewell. They have also founded this company.
Carewell is a funded company, having raised a total of $54.72M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on Sep 2020.
Carewell is an online retailer offering multi-category products. Its product catalog includes personal care, cleaning supplies, medical supplies, home care products, daily essentials, and more from various brands.
Carewell offers Adult Diapers, Nutrition Shakes, and Baby Diapers.
Carewell has 10 investors. Key investors include Headline, Sageview Capital, Primetime Partners, NextView Ventures, and Florida Opportunity Fund.
Carewell operates through Carewell Family, Inc..
The website of Carewell receives about 611 thousand visits a month and ranks #76,793 among all websites worldwide.