Health Tech Funding News - CareVoice raises USD 13.5 Million

April 2, 2024

The CareVoice, a health tech startup, has successfully raised $10 million in a Series B funding round, defying the overall slowdown in funding within the health tech sector. This funding will enable The CareVoice to further develop its platform and services, positioning itself for growth and innovation in the industry. The company's ability to secure significant funding amidst challenging market conditions reflects investor confidence in its vision and potential impact.                 

The funding round was spearheaded by Apis Insurtech Fund I, marking a significant milestone for the company.

Sebastien Gaudin, the CEO of The CareVoice, leads the company. The CareVoice is known for enabling insurers to engage with their customers through configurable user journeys. These journeys leverage an open digital health ecosystem, delivered in any front-end solution.

He also highlighted the company's collaboration with two types of insurers: early movers in the health and wellness tech space and new entrants aiming to accelerate their growth while avoiding common pitfalls. The goal is to generate additional profitable insurance business and attract and retain healthier customer profiles.

 

MarketsandMarkets Industry News Desk

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The tele-healthcare sector represents the most significant portion of the worldwide digital health market. Meanwhile, the patient and consumer segment within the digital health sector is anticipated to experience the fastest compound annual growth rate (CAGR) throughout the projection period.

Leading entities in the digital health sector encompass a wide range of companies, such as Apple, Inc. (US), Medtronic (Ireland), GE HealthCare (US), Abbott (US), Siemens Healthineers AG (Germany), Koninklijke Philips N.V. (Netherlands), OMRON Corporation (Japan), Fitbit, Inc. (A Google Company) (US), Johnson & Johnson Private Limited (US), Masimo (US), Merative (US), AT&T, Inc. (US), Veradigm LLC (US), Noom, Inc. (US), Teladoc Health, Inc. (US), Omada Health Inc. (US), Dexcom, Inc. (US), Biotricity (US), iHealth Labs Inc. (US), my mhealth Limited (UK), athenahealth (US), eClinicalWorks (US), AirStrip Technologies, Inc. (US), AdvancedMD, Inc. (US), and Qardio, Inc. (US).

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