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Venture Capital News: Carewell Announces $24.7M Series B Round

2024-02-22
MIAMI, FL, Carewell today announced a $24.7 million Series B capital raise.
Carewell, an online retailer focused on providing family caregivers with tools and resources to care for their loved ones, today announced a $24.7 million Series B capital raise to further accelerate its mission of streamlining access to home health products. This latest round of funding was led by the principals of MBF Healthcare, with participation from existing investors Sageview Capital and Headline among others. In addition, the company has made several senior-level hires amidst plans to relocate their headquarters to Miami.

Additional investors in this round of funding include Primetime Partners, Nextview, Florida Opportunity Fund, and Anchor.

Carewell is the No. 1 ecommerce destination for caregiving products. Carewell customers can shop across a wide variety of categories, including incontinence, nutrition, mobility, mom & baby and more. With a team of highly trained customer care experts, over 300+ educational articles, detailed video content, FAQs and descriptive product pages, Carewell takes the guesswork out of caregiving, setting it apart from other online retailers and drug stores.
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