About Qare
Qare is a company based in Paris (France) founded in 2016 by Augustin Chatenet was acquired by Health Hero Network in April 2021.. Qare has raised $32.02 million across 3 funding rounds from investors including Health Hero Network, AXA Investment Managers and Kamet Ventures. Qare has completed 1 acquisition, including Doctopsy. Qare operates in a competitive market with competitors including Amwell, eConsult, Medefer, Push Doctor and Liva Healthcare, among others.
- Headquarter Paris, France
- Founders Augustin Chatenet
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Qare Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32.02 M (USD)
in 3 rounds
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Latest Funding Round
$22.53 M (USD), Series B
Apr 11, 2019
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Investors
Health Hero Network
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Health Hero Network
(Apr 12, 2021)
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Funding Insights of Qare
Qare has successfully raised a total of $32.02M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $22.53 million completed in April 2019. 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 Series B — $22.5M
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First Round
First Round
(01 May 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Series B - Qare | Valuation | AXA Investment Managers , Kamet |
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| Jun, 2017 | Amount | Series A - Qare | Valuation | Kamet |
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| May, 2016 | Amount | Seed - Qare | 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 |
Investors in Qare
Qare has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Health Hero Network, AXA Investment Managers and Kamet Ventures. 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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Diversified alternative assets are managed through investment strategies.
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Founded Year | Domain | Location | |
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Kamet Ventures is engaged in building transformative companies in HealthTech and InsurTech.
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Founded Year | Domain | Location | |
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Remote health monitoring solutions are offered for patient management.
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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 Qare
Qare has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Doctopsy. 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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Online teleconsultation platform for psychiatric and nutritional appointments is offered.
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2016 |
| 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
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Qare
| 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 |
Qare Comparisons
Competitors of Qare
Qare 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 Amwell, eConsult, Medefer, Push Doctor and Liva Healthcare, 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 |
Telehealth solutions are provided for doctors and patients' consultations.
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| domain | founded_year | HQ Location |
Form-based consultation software is provided for patients and healthcare providers.
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| domain | founded_year | HQ Location |
Platform which enables general practitioners to liaise directly with specialists and consultants
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| domain | founded_year | HQ Location |
Online doctor consultations are facilitated via a digital booking platform.
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| domain | founded_year | HQ Location |
Chronic care management solutions are provided for patients and professionals.
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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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Latest news on Qare
Frequently Asked Questions about Qare
When was Qare founded?
Qare was founded in 2016.
Where is Qare located?
Qare is headquartered in Paris, France.
Is Qare a funded company?
Qare is a funded company, having raised a total of $32.02M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.79M, raised on May 01, 2016.
What does Qare do?
Qare was founded in 2016 in Paris, France, as a telemedicine platform in the healthtech sector. Video-based teleconsultations are provided with doctors in 12 specialties, allowing users to book appointments and receive prescriptions digitally. Operations focus on accessible remote healthcare services for various diseases, serving users primarily in France through its online domain.
Who are the top competitors of Qare?
Qare's top competitors include Amwell, eConsult and Push Doctor.
How many acquisitions has Qare made?
Qare has made 1 acquisition, including Doctopsy.
Who are Qare's investors?
Qare has 3 investors. Key investors include Health Hero Network, AXA Investment Managers, and Kamet Ventures.
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