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Omcare Inc. announced it raised $3.25 Million in an amended filing from an offering of $5 Million

Mar 04, 2022over 3 years ago

Amount Raised

$3.25 Million

Round Type

seed

BloomingtonHealth CareInformation Technology

Company Information

Company

Omcare

Location

2626 East 82nd Street

Bloomington, Minnesota, United States

About

Ōmcare is a digital health company that aims to change the way the world cares by extending the reach of caregivers, increasing medication adherence, and improving treatment outcomes through the power of remote care and two-way video technology. By partnering with pharmacies, payers, providers, and family caregivers, Ōmcare strives to help people live healthier, more vibrant, independent lives and reduce healthcare cost. Ōmcare’s first product is called the Ōmcare Home Health Hub - a web-enabled platform that dispenses medication and provides two-way, audiovisual confirmation of medication adherence while facilitating social interaction and remote telehealth care. Ōmcare exists due to the rapidly aging population; high rate of medication nonadherence; a shortage of family and professional caregivers; continued increase in health care costs; consumer preference for in-home care and aging in place; changing reimbursement for home care services; and advancements remote monitoring and wearable technology.

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