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Electronic Caregiver, Inc. Opens $95 Million Series A Preferred Financing To Fuel Expansion And Innovation In Telecare Services

PRIVATEJun 12, 2023

Amount Raised

$95 Million

Round Type

Series A

Las CrucesInformation TechnologyFitnessWellness

Investors

CMD Global Partners

Description

Electronic Caregiver, Inc., a pioneering provider of advanced TeleCare services and the renowned Addison Virtual Caregiver technologies, is thrilled to announce the opening of a new Series A Preferred financing. The $95 million financing will be offered to select institutional investment funds and large, existing strategic technology partners of Electronic Caregiver, Inc. CMD Global Partners is representing Electronic Caregiver in the placement.

Quick answer

Electronic Caregiver raised $95 Million in a Series A round, dated June 12, 2023. Investors: CMD Global Partners. Electronic Caregiver is based in Las Cruces, New Mexico, United States.

How much did Electronic Caregiver raise?
Electronic Caregiver raised $95 Million in a Series A round on June 12, 2023.
Who invested in Electronic Caregiver?
CMD Global Partners is named as investors in this round.
What does Electronic Caregiver do?
Electronic Caregiver, Inc. is a leading provider of advanced TeleCare services and the renowned Addison Virtual Caregiver technologies.
Where is Electronic Caregiver based and how big is it?
Electronic Caregiver is based in Las Cruces, New Mexico, United States.
Who are the decision-makers at Electronic Caregiver?
Fundz holds 1 contact at Electronic Caregiver, including the Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fitness and Wellness around the same time

Companies in the same sectors as Electronic Caregiver that raised within 45 days of this round, from Fundz verified event records.

  • Magic AI raised $2.5M (Seed) on July 21, 2023.
  • Magic AI raised $2.5M (Seed) on July 20, 2023.
  • Hyperice raised an undisclosed amount on July 12, 2023.
  • Proteus Motion raised $1.5M (Series A) on May 17, 2023.
  • DarioHealth raised $15M on May 1, 2023.
  • EGYM raised $225M (Funding Round) on July 5, 2023.

Who to call at Electronic Caregiver, and when

A new round usually means Electronic Caregiver is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Electronic Caregiver

Location

506 S MAIN STREET

Las Cruces, New Mexico, United States

About

Electronic Caregiver, Inc. is a leading provider of advanced TeleCare services and the renowned Addison Virtual Caregiver technologies. The company is dedicated to enhancing patient care and extending functional lifespan through innovative solutions that improve treatment adherence and health outcomes. By leveraging artificial intelligence and personalized care, Electronic Caregiver is revolutionizing the way individuals receive support, empowering them to live healthier, more independent lives. Electronic Caregiver, Inc. has collaborated extensively with Amazon, Intel, and Lenovo Group, LTD. Electronic Caregiver, Inc. has achieved over $100M in prior funding since being founded in 2009.

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Related People

1 contact
Verified contactsDavid K., Executive Officer hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Electronic Caregiver raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.