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

Lumina Foundation

Rethink Education (Matthew Greenfield)

Techstars Ventures

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
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.
Profile
CareAcademy LinkedIn Company Profile
Social Media
CareAcademy Company Twitter Account
Company News
CareAcademy News
Facebook
CareAcademy on Facebook
YouTube
CareAcademy on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Helen Adeosun
  Helen Adeosun LinkedIn Profile  Helen Adeosun Twitter Account  Helen Adeosun News  Helen Adeosun on Facebook
Chief Medical Officer
Madhuri Reddy
  Madhuri Reddy LinkedIn Profile  Madhuri Reddy Twitter Account  Madhuri Reddy News  Madhuri Reddy on Facebook
Chief Technical Officer
Yvan Castilloux
  Yvan Castilloux LinkedIn Profile  Yvan Castilloux Twitter Account  Yvan Castilloux News  Yvan Castilloux on Facebook
VP - Bus. Development
Jennifer Waldron
  Jennifer Waldron LinkedIn Profile  Jennifer Waldron Twitter Account  Jennifer Waldron News  Jennifer Waldron on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/18/2017: ThoughtSpot venture capital transaction
Next: 8/18/2017: Carrot venture capital transaction

 

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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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