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§ Private Profile · Austin, TX, USA
Online marketplace matching families with caregivers for child, senior, pet care, tutoring, and housekeeping services, serving families and employers.
Care has raised $209.0M across 10 funding rounds.
Key people at Care.
Care has raised $209.0M in total across 10 funding rounds.
Headquartered in Dallas, Texas, Care.com is a prominent online marketplace that matches families with caregivers across multiple service categories, including child care, senior care, tutoring, housekeeping, and pet care. Founded in 2006 by Sheila Lirio Marcelo, the comprehensive platform generates reliable revenue through basic and premium subscription memberships alongside convenient on-demand booking capabilities. Operating at significant scale, the trusted network has successfully facilitated connections for more than 45 million families and care providers since its initial inception. Beyond its direct-to-consumer marketplace, the enterprise division partners with over 700 corporate clients, including numerous Fortune 500 companies, to provide subsidized family care benefits to their respective workforces. Currently led by chief executive Brad Wilson, the formerly public company raised $111 million in venture funding before parent company IAC completed a $500 million acquisition in February 2020.
Key people at Care.
Care has raised $209.0M in total across 10 funding rounds.
Care's investors include Guillaume Daniellot, Jörg Fanger, Justas Janauskas, Kevin Fiala, Yann Sommer, Laela Sturdy, IVP, Balderton Capital, Cota Capital, HV Capital, InReach Ventures, Matrix.
Care has raised $209.0M across 10 funding rounds. Most recently, it raised $6.7M Seed in May 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 23, 2023 | $6.7M Seed | — | Guillaume Daniellot, Jörg Fanger, Justas Janauskas, Kevin Fiala, Yann Sommer | Announced |
| Jun 30, 2016 | $46.4M Venture Round | Laela Sturdy | — | Announced |
| Jul 1, 2012 | $50M Series E | IVP | Balderton Capital, Cota Capital, HV Capital, InReach Ventures, Matrix, NEW Enterprise Associates, Pear VC, QED Investors, Revolution, SV Angel, Trinity Ventures, Matrix Partners | Announced |
| Oct 12, 2011 | $25M Venture Round | — | — | Announced |
| Oct 1, 2011 | $25M Series D | — | Matrix, NEW Enterprise Associates, Trinity Ventures | Announced |
| Oct 12, 2010 | $20M Venture Round | Tony Florence | Matrix Partners, Trinity Ventures | Announced |
| Aug 1, 2010 | $20M Series C | — | Energy Capital Ventures, Matrix, NEW Enterprise Associates, Trinity Ventures | Announced |
| Feb 1, 2008 | $10M Series B | — | Matrix, Trinity Ventures | Announced |
| Aug 1, 2007 | $2M Series A | — | Matrix | Announced |
| Jul 1, 2007 | $4M Series A | — | Greylock, Matrix | Announced |
Care Technology is a healthcare-focused technology company that develops innovative solutions to improve patient care, enhance patient engagement, and reduce healthcare costs. Their products include wireless monitoring devices, healthcare management software, and patient engagement platforms that support care coordination, reduce hospital readmissions, and minimize unnecessary emergency calls. They serve healthcare providers and organizations by enabling more effective care plan implementation and patient management through mobile apps, workflow automation, and validated alerts. The company has demonstrated growth momentum by delivering scalable programs tailored to organizational needs and has a client base that includes small to large companies, such as Texas Instruments[1][2].
Founded in 1998, Care Technology was established by a team of scientists and engineers with over a decade of experience in innovation and invention. Their mission is to improve health, lifestyles, and the environment through advanced technologies. The company’s early focus was on wireless monitoring, medical devices, and green technologies such as energy-saving LED lighting and warming systems. This foundation in innovation and environmental consciousness has shaped their evolution into a healthcare technology provider with patented solutions and a strong emphasis on sustainable, effective patient care[2].
Care Technology rides the trend of digital transformation in healthcare, particularly in patient engagement and remote monitoring. The timing is critical as healthcare systems face increasing pressure to reduce costs, improve outcomes, and comply with regulations like Medicare. Their solutions align with market forces favoring telehealth, AI-driven care coordination, and green technology integration. By enabling real-time patient management and reducing hospital readmissions, Care Technology influences the broader ecosystem by promoting efficient, sustainable healthcare delivery[1][2].
Looking ahead, Care Technology is well-positioned to expand its impact by leveraging its patented innovations and scalable software platforms to meet growing demands for remote patient monitoring and care coordination. Trends such as AI integration, ambient intelligence, and increased regulatory focus on patient outcomes will likely shape their journey. Their continued emphasis on environmentally friendly technologies may also open new markets. As healthcare increasingly adopts digital and green solutions, Care Technology’s influence is expected to grow, reinforcing its role as a transformative player in healthcare technology[1][2].
