AlayaCare, a Montreal, Canada-based home care software company, received a $15m growth capital financing.
CIBC Innovation Banking provided the debt facility.
The financing will support the company’s strategic plan to increase its presence in North America and Australia.
Founded in 2014 and led by Adrian Schauer, CEO, AlayaCare provides a complete technology solution to manage the entire client lifecycle including referrals and intake, scheduling, coordination, client health records, clinical documentation, care worker management, billing and payroll, reporting, remote patient monitoring, and a mobile caregiver app in one integrated cloud-based system.
The company is backed by Inovia Capital, Caisse de Depot et placement du Quebec, and Investissement Quebec.