CareLineLive, a UK-based SaaS startup that provides all-in-one cloud-based home care management software for home care providers, secured over €3 million in a funding round led by Oakglen.
With operations currently in the UK, Jersey, Ireland, and Australia, the investment will help CareLineLive fuel further growth in the UK and internationally.
This investment will be used to increase CareLineLive’s engagement with the NHS, local authorities, and other enterprise customers. It will also allow the company to scale its team and accelerate its product development activities.
Josh Hough, CareLineLive co-founder, and MD commented: “The home care sector is currently facing many challenges, from staff shortages to a lack of funding, often making it hard to deliver quality care for clients. To combat this, our mission is to streamline paper-based and other legacy processes, improve carer communication, and ultimately give them back more time to do what they love best: caring. This investment will allow us to increase our sales and marketing activities and help us to continue to develop our product offering to meet the needs of carers, agencies, those receiving care, and their families. We’ll also continue our investment into delivering exceptional customer service, which is a key market differentiator for CareLineLive.”
CareLineLive is an all-in-one, purpose-built home care management system. Working closely with some home care agencies, CareLineLive has developed an innovative, easy-to-use, cloud-based home care management system for agency owners and managers.
Company: CareLineLive
Raised: €3.0M
Round: Unknown
Funding Month: January 2023
Lead Investors: Oakglen
Additional Investors:
Company Website: https://carelinelive.com/
Software Category: Home Care Management Software
About the Company: Founded in 2014 by Josh Hough, CareLineLive is an all-in-one cloud-based home care management software that can be accessed anywhere, anytime, from any internet-enabled device. It works across three integrated easy-to-use systems, the Management Portal, the Carer Companion App, and the Care Circle Portal. CareLineLive has been working with NHS Trusts – such as Mid and South Essex NHS Foundation Trust (MSE) – since June 2020. The company’s mission is to become the first truly integrated home care management software to improve care agency efficiency and give carers more time to care and provide predictive safeguarding concerns for patient welfare.
Source: https://carelinelive.com/press-release-3m-funding-round/