Tech Company Financing Transactions
CareAcademy Funding Round
CareAcademy closed a $1.7 million Seed venture capital round on 8/18/2017. Backers included Lumina Foundation, Rethink Education and Techstars Ventures.
Transaction Overview
Company Name
Announced On
8/18/2017
Transaction Type
Venture Equity
Amount
$1,675,000
Round
Seed
Investors
Proceeds Purpose
In addition to using the dollars raised to expand its training portfolio, CareAcademy is planning to create Spanish versions of its courses (the company already offers 24/7 English and Spanish language support) and add new functionality to its training platform. The company will also be expanding its sales and marketing team.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
55 Court St. 2nd Floor
Boston, MA 02108
USA
Boston, MA 02108
USA
Phone
Website
Email Address
Overview
Boston-based CareAcademy provides expert-developed online training for senior home care professionals. Hour-long video courses, which can be accessed by any mobile device, cover critical topics such as infection control, nutrition and meal preparation, dementia, fall prevention, and safe transfers.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC transactions reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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