CareGain logo — Empowering Consumer-Directed Healthcare with Innovative Soft...

CareGain

Empowering Consumer-Directed Healthcare with Innovative Software Solutions

Founded 2001 Series B Total: $8.30M Health Care

General Information

Company Name CareGain
Founded Year 2001
Founders / Decision Makers
Team member
Industries Health Care
Funding Stage Series B
Social

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About CareGain

CareGain is a tech startup focused on developing application software solutions tailored for the consumer-directed healthcare market. The company's flagship product, the CareGain Defined Care platform, enables health plans and third-party administrators to establish and manage consumer-directed health plans, including health savings accounts, health reimbursement accounts, and flexible spending accounts. In addition to its software offerings, CareGain provides a range of services including business analysis and consulting, customer support, integration, implementation, planning and analysis, design, construction, deployment, and training. Founded in 2001 and based in East Windsor, New Jersey, CareGain has been a subsidiary of Canopy Financial, Inc. since October 9, 2008. The most recent notable investment in CareGain was a $6.80M Series B investment on June 10, 2004. This funding round was led by Activate Venture Partners, Inflection Point Ventures, Select Capital Ventures, Mid-Atlantic Venture Funds, Newlight Management, and NJTC Venture Fund. This investment has enabled CareGain to further develop and expand its software solutions and services targeted at the consumer-directed healthcare market.

Taxonomy: Consumer-directed healthcare, Healthcare software solutions, Health savings accounts, Health reimbursement accounts, Flexible spending accounts, CDH benefits administration, Health plan management, Financial institution integration, Card transaction processing, Consulting services, Implementation services, East Windsor, New Jersey, CareGain Defined Care platform, Canopy Financial subsidiary

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 6
Investor Investor Investor Investor Investor
•••• ••••
10 Jun 2004
Series A •••••• 1 •••• •••• 17 Jun 2002

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FAQ About CareGain

Empowering Consumer-Directed Healthcare with Innovative Software Solutions
CareGain was founded in 2001.
CareGain operates in the following industries: Health Care.
CareGain has completed 2 funding rounds, raising a total of $8.30M. The latest funding stage is Series B.
Top alternatives and competitors to CareGain include Vested Health, Devenir, WageWorks, Evolution Benefits, OBA Bank. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CareGain and Vested Health 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.

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