CareBridge

Acquired

Enabling health, independence, and quality of life at home.

Nashville, United States · Founded 2019 · $180.0M raised

Employees
201–500
Founded
2019
Business Model
B2B
Total Funding
$180.0M
Last Round
$140.0M Series CJun 2022
Rounds
2
Acquired by
Elevance HealthOct 2024

About

CareBridge is a value-based care company that provides 24/7 virtual clinical support, care coordination, and technology services for individuals receiving Medicaid home and community-based services (HCBS). Founded in 2019 in Nashville, Tennessee, the company partners with health plans and states to help members with physical, intellectual, or developmental disabilities live independently. CareBridge was acquired by Elevance Health in 2024 for approximately $2.7 billion.

Summary

CareBridge is a Digital Health company based in Nashville, United States, founded in 2019. It has raised $180.0M in total across 2 rounds, most recently a $140.0M Series C round in Jun 2022. Investors include Elevance, Oak HC/FT and Optum Ventures.

Tech & App Stack

3 technologies & apps tracked

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Funding History

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AcquisitionAcquisition by Elevance HealthOct 2024
$2.7B

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