CareCloud logo — Nasdaq: CCLD, Series A Preferred: CCLDP, Series B Preferred:...

CareCloud

Nasdaq: CCLD, Series A Preferred: CCLDP, Series B Preferred: CCLDO

Founded 1999 United States Somerset, United States 1462 employees Total: $143.40M Computing, Digital Health +2

General Information

Company Name CareCloud
Founded Year 1999
Location United States Somerset, United States
Founders / Decision Makers
Team member Team member
Employees 1462
Industries Computing, Digital Health, Health Care +1
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Service Fee, Usage Based
Social

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About CareCloud

CareCloud, Inc., formerly known as MTBC, is a prominent player in the healthcare technology sector, founded in 1999 and headquartered in the United States. The company is recognized for offering a suite of unified, technology-enabled solutions aimed at healthcare organizations, medical practices, and health systems.

In an era defined by the complexities of healthcare delivery, CareCloud positions itself as an innovative partner capable of enhancing clinical workflows, increasing revenue, modernizing patient experiences, and reducing operational expenses. The company boasts a culture that is both inclusive and supportive, attracting top-tier talent who are passionate about improving healthcare outcomes.

From an investment standpoint, CareCloud recently secured a $10.00M debt financing round on 01 September 2025, with support from Provident Bank. This investment underscores investor confidence in its strategic direction and innovative solutions within the burgeoning fields of Computing, Digital Health, and Information Technology.

Business keywords: Revenue Cycle Management, Practice Management, Electronic Health Records, Patient Engagement, Data-Driven Solutions, Cloud-Based Solutions, Clinical Workflows, Operational Efficiency, Healthcare IT, Patient Experience, Financial Platform, Mobile Applications, Healthcare Administration, Digital Health

Services & Products

Electronic Health Records
Revenue Cycle Management
Practice Management
Patient Experience Management
Telehealth
Medical Coding
Physician Credentialing
Chronic Care Management

Target Customers

Small Medical Practices Large Medical Groups Academic Institutions Health Systems Medical Billing Companies

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $10.00M 1
Provident Bank
01 Sep 2025
Early VC Undisclosed 1
Norwest Venture Partners
01 Apr 2019
Growth Equity VC $25.00M 1
Runway Growth Capital
01 Jun 2018
Series C $31.50M 7
Norwest Venture Partners, Adams Street Partners +5
01 Nov 2016
Series C $15.00M -
01 Apr 2015
Debt Financing $25.50M -
01 Jun 2014
Series B $9.00M 1
Adams Street Partners
01 Aug 2013
Series A $20.10M 1
Intel Capital
01 Sep 2011
Seed $5.00M -
01 Oct 2010
Seed $2.30M -
01 Jan 2010

CareCloud Alternatives & Competitors

View All Alternatives
CareCloud vs
CureMD
CureMD United States

CureMD is the leading provider of Cloud EHR, AI Scribe, Practice Management and Medical Billing Serv...

1674 employees
Health Care, Information Technology
CareCloud vs

Cloud-based software helping medical practices to transform care delivery for greater health outcome...

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CareCloud vs
athenahealth
athenahealth United States

We provide network-enabled services, mobile apps, and data-driven insights to hospitals and medical...

8935 employees
Enterprise Software, Health Care

FAQ About CareCloud

Nasdaq: CCLD, Series A Preferred: CCLDP, Series B Preferred: CCLDO
CareCloud was founded in 1999.
CareCloud is headquartered in Somerset, United States.
CareCloud operates in Computing, Digital Health, Health Care and Information Technology. Its work centres on Revenue Cycle Management, Practice Management, Electronic Health Records and Patient Engagement. Its customers include Small Medical Practices, Large Medical Groups and Academic Institutions.
CareCloud has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Service Fee and Usage Based.
CareCloud has approximately 1462 employees.
CareCloud has completed 10 funding rounds, raising a total of $143.40M.
CareCloud offers: Electronic Health Records, Revenue Cycle Management, Practice Management, Patient Experience Management, Telehealth, Medical Coding, Physician Credentialing, Chronic Care Management, Remote Patient Monitoring.
Top alternatives and competitors to CareCloud include CureMD, Bizmatics: A Harris Computer Company, athenahealth, Greenway Health, PracticeSuite, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CareCloud and CureMD are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for CareCloud, https://bouncewatch.com/company/carecloud, updated 15 December 2025. When citing, please name BounceWatch and link this page.

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