What is Carevive Systems?
Founded in 2013 and headquartered in the United States, Carevive Systems is dedicated to improving cancer patient outcomes and quality of life. The company's core offering is a sophisticated platform that empowers healthcare providers to remotely monitor and manage patients undergoing cancer treatment. By leveraging data analytics and patient-reported information, Carevive Systems aims to proactively identify potential complications, personalize care plans, and ultimately enhance survival rates. Their focus on the patient journey places them at the intersection of healthcare technology and oncology, a rapidly evolving sector demanding advanced digital solutions.
How much funding has Carevive Systems raised?
Carevive Systems has raised a total of $22.6M across 3 funding rounds:
Private Equity
$4.3M
Debt
$350K
Series C
$18M
Private Equity (2016): $4.3M, investors not publicly disclosed
Debt (2020): $350K led by PPP
Series C (2021): $18M supported by Cerner Capital, Debiopharm Innovation Fund, HLM Venture Partners, Madelyn Trupkin Herzfeld, OurCrowd, Philips Health Technology Ventures, and LRVHealth
Key Investors in Carevive Systems
HLM Venture Partners
A specialized healthcare investment firm that partners with innovative founders to build enduring companies in healthcare technology and services. The firm offers strategic guidance, deep industry expertise and growth capital to support visionary teams.
OurCrowd
Founded in 2013, OurCrowd is a company that offers an investment platform built for accredited investors and institutions to invest in startups, early-stage companies, and venture funds. OurCrowd is located in Israel.
LRVHealth
LRVHealth is a venture capital firm. It is focused on finding, investing in and building disruptive new digital health, devices, and diagnostic companies. The company was founded in 2000 and is based in Boston, Massachusetts.
What's next for Carevive Systems?
The substantial enterprise-level backing and recent strategic investment indicate a strong market validation for Carevive Systems' innovative approach to oncology care. This capital infusion is expected to fuel further development of their platform, enhance market penetration, and potentially expand their service offerings to a broader patient population. As the healthcare industry increasingly adopts digital health solutions for remote patient management, Carevive Systems is strategically positioned to capitalize on this trend, driving further growth and solidifying its position as a key player in improving the cancer patient experience.
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