Carewell Secures $24.7 Million in Series B Funding to Revolutionize Familial Caregiving Experience

Feb 22, 2024•over 1 year ago

Amount Raised

$24.7 Million

Round Type

series b

Coral GablesRetail

Investors

AnchorFlorida Opportunity FundNextviewPrimetime PartnersHeadlineSageview CapitalMbf Healthcare

Description

Carewell announced a $24.7 million Series B capital raise led by the principals of MBF Healthcare, with participation from existing investors Sageview Capital and Headline among others. The funding will further accelerate Carewell's mission of streamlining access to home health products, fuel its growth strategy, bolster the company’s e-commerce technology, enhance overall customer experience, and support its plans to relocate their headquarters to Miami. The company has also made several senior level hires from Chewy.com.

Company Information

Company

Carewell Family, Inc.

Location

321 Romano Ave.

Coral Gables, Florida, United States

About

Whether you just had surgery, are caring for an aging spouse or parent, or just became a new parent, Carewell is an affordable and easy way to shop for home healthcare products to care for yourself or others. Carewell.com offers a wide selection of products across incontinence, nutrition, wound care, baby supplies and more with real-life educational information included to help you make the best decisions possible. Our customer care team includes experts and nurses available to answer all of your toughest questions 24/7, and fast shipping ensures you get your products when you need them most - without having to leave the comfort of your home.

FundzWatch™ Score

Medium Activity

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech