ClearCare raises $11 million in Series B funding
ClearCare, a software company that targets home care agencies, has raised $11 million in Series B funding led by Bessemer Venture Partners (BVP). Cambia Health Solutions, Voyager Capital, Qualcomm Ventures, Harbor Pacific Capital, and City National Bank also participated in this round.
ClearClare will be using the funding to accelerate product development. The mission of the company is to empower home care agencies to operate efficiently and grow. ClearCare serves over 1,300 agencies, including 3 of the top 5 national franchises.
“Home care is the lowest-cost institutional provider of care serving the highest-cost patient population. We believe that the home care industry has a tremendous role in solving the healthcare challenges of our time,” stated Geoff Nudd, CEO of ClearCare. “As the leading web-based technology platform for home care agencies, ClearCare’s new partnerships with Bessemer and Cambia will help us support the home care industry in meeting this opportunity.”