Eldercare platform ConcertoCare gains $105 million


Deprecated: strlen(): Passing null to parameter #1 ($string) of type string is deprecated in /home/medicircle/public_html/script_newsdetails.php on line 75
▴
Elder home care provider, ConcertoCare raises $105 million in its Series B round. The lead investor of the round was Wells Fargo Strategic Capital.

Elder home care provider, ConcertoCare raises $105 million in its Series B round. The lead investor of the round was Wells Fargo Strategic Capital. Other investors of the round were Obvious Ventures, Vast Ventures, The Schusterman Family Foundation, SteelSky Ventures, Pennington Partners and previous investor Deerfield Management.

Founded by Sam Willcoxon it tries to mend the borken American healthcare system. They deliver primary and complex care to seniors and adult patients at the best destination - their own homes. They are a human-first, tech-enabled platform that approaches in-home care holistically. 

This helps them improve their quality of life while at the same time reduce other healthcare expense. The venture has created a digital and data analytics tool that help guide the patients. They also host remote patint care monitoring devices. 

Teams made up of physicians, nurses, pharmacists, health coaches, mental health professionals and social workers attend to patients in-person and virtually to help with everything from chronic disease management to improving access to nutritious meals.

Along with the funding, ConcertoCare also announced the acquisition of Crown Health, a primacy homecare servise providers. It had raised $15.2 million in 2015 and later $30 million from Arboretum Ventures and Deerfield Management in 2016. They operate in Washigton, New York,Massachusetts, Virginia, California and more.

Tags : #ConcertoCare #SamWillcoxon #WellsFargoStrategicCapital #ObviousVentures #VastVentures #TheSchustermanFamilyFoundation #SteelSkyVentures #PenningtonPartners #DeerfieldManagement #funding #fundingalert #smitakumar #medicircle

Related Stories

Loading Please wait...

-Advertisements-



Trending Now

The Value of Risk Communication in Public HealthOctober 08, 2026
What Makes a Reliable Health Screening Programme?October 08, 2026
How Language Access Can Improve Patient Communication in Indian HealthcareOctober 07, 2026
Why Health Literacy Matters in Preventive HealthcareOctober 07, 2026
Improving Follow-Up After Diagnostic Testing: Where Systems Commonly Break DownOctober 07, 2026
Improving Follow-Up After Diagnostic Testing: Where Systems Commonly Break DownOctober 07, 2026
How Community Health Workers Support Preventive Care DeliveryOctober 07, 2026
AI in India's Emergency Departments: Reducing Diagnostic DelaysOctober 06, 2026
AI and Patient Consent in India: Who Is Responsible?October 06, 2026
Wearable Technology in Pregnancy: Benefits and LimitsOctober 06, 2026
Remote Monitoring for High-Risk Pregnancies in IndiaOctober 06, 2026
Fortis Escorts Faridabad Launches ‘Sehat Express’ Mobile Bus for Accessible Doorstep Cancer Screening in association with Faridabad Industries Association Charitable Society and Rotary Club FaridabadOctober 05, 2026
Advanced Thrombectomy Saves 60-Year-Old Woman After Severe Heart Attack at KIMS SaveeraOctober 05, 2026
Constipation, Bloating and Long Sitting Hours: Doctors at RG Hospitals Delhi Warn Urban Professionals Not to Ignore Gut ProblemsOctober 05, 2026
Fermenta – Centre of Excellence for Food Fortification Inaugurated at NIFTEM-T, ThanjavurOctober 05, 2026
Alzheimer’s Dementia: Recognising the Signs, Diagnosing Earlier and Changing the Future of Brain HealthOctober 05, 2026
Man Matters Hairfall Case Study 2026: 7 Lakh+ Consultations Reveal How Hair Loss Changes With AgeOctober 05, 2026
Medication Reconciliation: A System-Level Step for Safer Transitions of CareOctober 05, 2026
The Role of Clinical Pharmacists in Safer Medication UseOctober 05, 2026
Nanavati Max Hospital Hosts Max Cancer Congress 2026, Bringing Together Oncology Experts to Explore the Future of Cancer Care October 01, 2026