CareInSync, Corp., a California-based developer of a communications platform to manage the transition of care for patients, has raised $1.6m in Series A funding.
The round, which is a combination of equity and debt financing, was led by HealthTech Capital, an ecosystem of angel investors, venture capital, nonprofit foundation and industry members, designed to mentor and fund innovative, early-stage HealthTech companies. Investing members included angel investors, the California HealthCare Foundation through its Health Innovation Fund and First Databank through Hearst Business Media‘s Healthcare IT Venture Fund.
The company intends to use the funding to launch its real-time mobile care collaboration software in the care transition market.
Led by CEO Siva Subramanian, PhD, CareInSyn provides real time multidisciplinary tools that help inpatient and aftercare providers collaborate on safe transition plans, while engaging patients and caregivers.