Tech Company Financing Transactions

CareLineLive Funding Round

CareLineLive closed a $3.7 million funding round on 1/18/2023. Investors included Oakglen.

Transaction Overview

Company Name
Announced On
1/18/2023
Transaction Type
Venture Equity
Amount
$3,720,000
Round
Undisclosed
Investors

Oakglen (Lead Investor)

Proceeds Purpose
The company intends to use the funds to support its continued home care software expansion, including into Ireland and Australia, and increase its team size by 50% in three months, to scale its team and to accelerate its product development activities, and to increase engagement within the NHS, local authorities, and other enterprise customers.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
MAS Group, The Business Park, Maydwell Avenue
Slinfold, England, RH13 0AS
UK
Email Address
Overview
CareLineLive, part of the MAS Group, was set up by Josh Hough in 2014 after wanting to access more information about his grandfather's care and not having that need met by his carers' providers.
Profile
CareLineLive LinkedIn Company Profile
Social Media
CareLineLive Company Twitter Account
Company News
CareLineLive News
Facebook
CareLineLive on Facebook
YouTube
CareLineLive on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Joshua Hough
  Joshua  Hough LinkedIn Profile  Joshua  Hough Twitter Account  Joshua  Hough News  Joshua  Hough on Facebook
Co-Founder
Kathryn Hough
  Kathryn Hough LinkedIn Profile  Kathryn Hough Twitter Account  Kathryn Hough News  Kathryn Hough on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/18/2023: MacroFab venture capital transaction
Next: 1/18/2023: Chord venture capital transaction

 

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About Database of VC Transactions

We report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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