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LifCare is a technology company.
LifeCare develops and provides comprehensive work-life solutions designed to support employees in balancing their professional and personal responsibilities. The company's offerings include family care benefits, an employee discount marketplace called LifeMart, backup care services, financial wellness programs, and specialized support for needs like breastfeeding and on-demand tutoring. These services are delivered through a platform that integrates various forms of personal assistance and resources for a broad spectrum of employee needs.
LifeCare was founded in 1984 by brothers Jeff Burki and Peter Burki, who recognized the growing need for employer-sponsored programs that address the non-work challenges faced by employees. Their insight centered on the idea that supporting an employee's personal life directly contributes to their productivity and well-being in the workplace, leading to a more engaged and stable workforce for employers. This vision established LifeCare as a pioneer in the work-life benefits sector.
The product is primarily utilized by organizations seeking to enhance their employee benefits packages and foster a supportive work environment. LifeCare’s services empower employees to navigate life's complexities, from finding reliable childcare to managing financial concerns, thereby reducing stress and improving focus. The company's long-term vision focuses on continually expanding its suite of integrated family care benefits, aiming to be a holistic resource that helps individuals thrive both professionally and personally.
LifCare has raised $12.0M across 2 funding rounds.
LifCare has raised $12.0M in total across 2 funding rounds.
LifCare has raised $12.0M in total across 2 funding rounds.
LifCare's investors include IL&FS, Nexus Ventures, SAIF Partners, Bain Capital.
LifeCare Technologies Inc. is a medical technology company specializing in HL7-compliant Health Information Systems for perinatal and acute care facilities, with over 20 years of experience.[1] It serves healthcare providers by delivering software solutions that integrate patient data seamlessly, addressing interoperability challenges in clinical settings, and has demonstrated steady growth with 11-50 employees and estimated revenue of $5M-$20M.[1] The company, headquartered in Gilford, NH, focuses on re-energized innovation to meet evolving client needs in medical device and health IT sectors.[1]
Note: Multiple entities share similar names (e.g., Lifecare Technology Medical Supply in Louisiana for equipment distribution since 1979[2][4][6], Life Care Technology in Egypt/Ghana for medical equipment[3], and Lifecare AS in Norway for nanotech sensors[5]). This overview centers on LifeCare Technologies Inc. as the primary match for a "technology company" building health IT products, per available data.[1]
LifeCare Technologies Inc. has operated for over 20 years as a leader in HL7-compliant systems for perinatal care and acute facilities, evolving from established health IT roots to a refocused entity dedicated to future-proof solutions.[1] Specific founders or pivotal early moments are not detailed in public records, but its longevity underscores resilience in the medical device industry, with HQ shifts noted to 28 Airport Road, Gilford, NH (phone: 813.886.7500).[1] This backstory highlights a pivot toward enhanced client support amid digital health advancements.
LifeCare Technologies rides the digital health interoperability wave, where HL7 standards enable unified patient data across systems amid rising demands for acute and perinatal care efficiency.[1] Timing aligns with post-pandemic pushes for resilient health IT, as facilities prioritize compliant tools to handle complex data flows. Market forces like regulatory mandates (e.g., HL7 FHIR adoption) and acute care digitization favor its niche, influencing the ecosystem by reducing silos in maternal and critical care tech.
LifeCare Technologies is poised to expand its HL7 solutions into emerging standards like FHIR, capitalizing on AI-driven health analytics and telehealth integration. Trends such as personalized perinatal monitoring and acute care automation will shape its path, potentially amplifying influence through partnerships. As a refocused veteran, it could evolve from niche provider to broader health IT contender, sustaining its edge in compliant, reliable systems.
LifCare has raised $12.0M across 2 funding rounds. Most recently, it raised $11.0M Series B in August 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 21, 2018 | $11.0M Series B | IL&FS, Nexus Ventures, SAIF Partners | |
| Mar 1, 2016 | $1.0M Seed | Bain Capital |