Tech Company Financing Transactions
CareRev Funding Round
CareRev, operating out of Los Angeles, received $50 million in funding from Transformation Capital, Gaingels and Industry Ventures.
Transaction Overview
Company Name
Announced On
4/27/2021
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series A
Investors
Transformation Capital (Lead Investor)
private investors (Michael Siebel)
private investors (Zach Coelius)
Proceeds Purpose
The company intends to use the funds to invest in scaling their product and operations, including incorporating more AI and machine learning.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
13355 W Washington Blvd.
Los Angeles, CA 90066
USA
Los Angeles, CA 90066
USA
Phone
Website
Email Address
Not Recorded
Overview
CareRev is a marketplace technology that connects hospitals and health systems and local, vetted healthcare professionals on demand. We help our customers build a more flexible and resilient workforce by lowering premium labor costs, automating staffing operations, and building a modern-day float pool powered by technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
William Patterson
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