Recare, a Berlin, Germany-based SaaS platform focused on streamlining patient transfers from hospitals to care providers, has secured €3.2 million in funding.  

Investors 

The funding includes contributions from existing investors and a €2M loan facilitated by Gilion, known for assisting tech companies in accessing funding and forecasting growth. 

Recare Use of Funds 

The company intends to utilize the newly acquired funds to enhance its digital discharge management marketplace in Germany. These funds will enable Recare to prioritize the introduction of its solutions to meet the evolving needs driven by the Hospital Future Act (Krankenhauszukunftsgesetz/KHZG), which mandates hospitals to digitize and enhance efficiency. 

About Recare 

Founded in 2017 by Maximilian Greschke, Recare is a technology company dedicated to assisting hospitals in managing patient discharges efficiently. Through innovative technology and fresh ideas, Recare enables hospitals to save time and money, allowing healthcare workers to concentrate more on patient care. The company's search tool facilitates specific requests to potential providers and fosters instant, secure communication between all involved parties. Recare connects over 700 acute hospitals with more than 24,000 downstream service providers from nursing, rehabilitation, and aids/home care. 

Funding Details     

Company: Recare Deutschland GmbH  

Raised: €3.2M    

Round: Unknown   

Funding Month: April 2024             

Investors: Gilion  

Company Website: https://recaresolutions.com/  

Software Category: Discharge Management   

Source: https://siliconcanals.com/crowdfunding/recare-secures-3-2m/