CareLineLive Closes £3M Funding Round

CareLineLive

CareLineLive, a Horsham, UK-based provider of home care management software, raised £3M in funding.

The round was led by Oakglen.

The company intends to use the funds to support its continued home care software expansion, including into Ireland and Australia, and increase its team size by 50% in three months, to scale its team and to accelerate its product development activities, and to increase engagement within the NHS, local authorities, and other enterprise customers.

Led by Josh Hough, co-founder and MD, CareLineLive is an all-in-one home care management software system for domiciliary care agencies. The care management software includes solutions such as eMAR medication software, home care rostering software, care invoicing and payroll, and home care compliance modules as standard.

CareLineLive has been working with NHS Trusts – such as Mid and South Essex NHS Foundation Trust (MSE) – since June 2020 on a service that bridges the gap between patients being medically ready to leave hospital and their social care provider providing care, which reduces hospital delays and reduces readmissions. Other NHS Trusts have been slow to implement MSE’s proven model.

With operations currently in the UK, Jersey, Ireland and Australia, the investment will help CareLineLive to fuel further growth in the UK and internationally.

FinSMEs

18/01/2023