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
Slinfold, England, RH13 0AS
UK
Phone
Website
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.
Management Team
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