McKesson Ventures has invested in ClearCare, which makes the software solutions for private duty home care agencies. The company will use the funds to accelerate new integrations into its platform, including telemedicine services, remote monitoring and diagnostics, as well as the ability to provide medical supplies and medications to all partners across the U.S. Also, the portion of the money will go towards strengthening ClearCare’s cloud-based web and mobile software technology.

“With the rapidly aging baby boomer generation entering retirement years, improving the quality of home care is more important than ever,” said Geoffrey Nudd, CEO at ClearCare. “We’re excited to be the bridge connecting home care to the larger healthcare system. With McKesson’s investment, our organizations can work together to achieve that vision.”

ClearCare’s software is used by four of the top five national home care enterprises. The agencies powered by ClearCare have the largest number of caregivers (250,000) and seniors (150,000) under care, providing more than 150 million hours of care per year.

Prior to this strategic investment by McKesson Ventures, the company raised a total of $15.5 million.