About CellTrak
CellTrak is a company based in Chicago (United States) founded in 2006 was acquired by Hearst in January 2022.. CellTrak has raised $11 million across 1 funding round from investors including Hearst, Boathouse Capital and MK Capital. The company has 45 employees as of December 31, 2022. CellTrak offers products and services including HCHB Platform, Mobile PointCare, Back Office Software, and HCHB Analytics. CellTrak operates in a competitive market with competitors including Brightree, Homecare Homebase, Kinnser Software, SwyftOps and KanTime, among others.
- Headquarter Chicago, United States
- Employees 45 as on 31 Dec, 2022
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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 Homecare Homebase, Llc
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Products & Services of CellTrak
CellTrak offers a comprehensive portfolio of products and services, including HCHB Platform, Mobile PointCare, Back Office Software, and HCHB Analytics. 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.
Comprehensive software for home health management and coordination
App for point-of-care documentation and patient visits
System for revenue cycle and workforce management
Tools for clinician satisfaction and data insights
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Funding Insights of CellTrak
CellTrak has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series A round of $11 million completed in July 2017. 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 1
- Last Round Series A — $11.0M
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First Round
First Round
(06 Jul 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2017 | Amount | Series A - CellTrak | Valuation | Boathouse Capital |
| 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 |
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Investors in CellTrak
CellTrak has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Hearst, Boathouse Capital and MK Capital. 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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Private equity and debt investments are focused on multiple sectors.
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Venture capital investments in software and technology companies with a focus on early and growth stages.
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Media conglomerate
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by CellTrak
| 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 - CellTrak
| 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 |
investors |
Celltrak Comparisons
Competitors of CellTrak
CellTrak 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 Brightree, Homecare Homebase, Kinnser Software, SwyftOps and KanTime, 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 solutions are delivered to the home care sector.
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Cloud-based software is provided for homecare and hospice agencies.
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| domain | founded_year | HQ Location |
Web-based software solutions are provided for home healthcare organizations.
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| domain | founded_year | HQ Location |
Software platform for managing home care operations, scheduling, and caregiver tools.
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Provides web-based EMR solutions for home health, hospice, and related services.
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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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On-demand services are booked through an app-based platform.
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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 Celltrak
Frequently Asked Questions about CellTrak
When was CellTrak founded?
CellTrak was founded in 2006 and raised its 1st funding round 11 years after it was founded.
Where is CellTrak located?
CellTrak is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is CellTrak a funded company?
CellTrak is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Series A of $11M, raised on Jul 06, 2017.
How many employees does CellTrak have?
As of Dec 31, 2022, the latest employee count at CellTrak is 45.
What does CellTrak do?
CellTrak was founded in 2006 in Chicago, United States, and operates in the home healthcare, hospice, and private duty markets. Patented software-as-a-service solutions are delivered through a homecare technology platform on GPS-enabled mobile devices. Core services encompass time and attendance management along with care coordination. Recognition was received via the I Award at the Wireless-Life Sciences Alliance in 2010.
Who are the top competitors of CellTrak?
CellTrak's top competitors include Brightree, Homecare Homebase and Kinnser Software.
What products or services does CellTrak offer?
CellTrak offers HCHB Platform, Mobile PointCare, Back Office Software, and HCHB Analytics.
Who are CellTrak's investors?
CellTrak has 3 investors. Key investors include Hearst, Boathouse Capital, and MK Capital.
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