ClearCare, a San Francisco, CA-based software platform for home care agencies, raised $60m in growth equity investment.
The round was led by global investment firm Battery Ventures. As part of the financing, Battery Ventures General Partner Chelsea Stoner and Battery Vice President Duncan Gills will join ClearCare’s board. In addition, technologist Bala Krishna (Balki) Nakshatrala, former vice president of engineering at Mastercard, joined ClearCare as VP of engineering.
The company will use the funds to invest in its core platform and explore new strategic partnerships.
Led by Geoff Nudd, founder and CEO, ClearCare provides a cloud-based software platform to agencies which provide patients daily care inside their homes, including basic services such as preparing meals, bathing and dressing, and assisting with mobility, among others.
The platform enables agencies to attract and retain customers, schedule and deliver care, and optimize their back offices. Tools include point-of-care tracking, integrated payments, family portals and quality of care monitoring.
ClearCare serves four of the largest five national home-care enterprises, representing roughly 250,000 caregivers and 150,000 seniors under care.