Caremerge has raised a $4 million first institutional financing round led by Cambia Health Solutions and included additional investments from Generator Ventures GE Ventures Arsenal Venture Partners and Ziegler-LinkAge Longevity Fund. These investors are some of the first to focus on aging and long-term senior care.
The company offers a HIPAA-compliant communication and care coordination platform for the senior care industry. Said platform is available on mobile phones and the web, allowing all senior living staff and authorized stakeholders (like family members and doctors) to capture, centralize and share seniors’ activities and clinical information in order to facilitate the best care possible. Caremerge has built strategic relationships with many leading health care providers and technology vendors in this space making it one of the top companies changing the face of senior care in the U.S. today.
“These new partnerships and capital will allow Caremerge to continue to take a leading role in the senior care industry through simple technology; and therefore improving the lives of everyone involved,” said Asif Khan Founder & CEO of Caremerge.