Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

CareZone secures $50 million for chronic health condition management

ImpactAlpha, May 25 – Half of American adults have at least one chronic health condition, and a quarter suffer from two or more. The founders of CareZone have developed an app that helps patients manage multiple-medication regimens that includes reminders, product suggestions and other services.

  • Series D… The company raised $50 million from NEA, McKesson Ventures and Salesforce CEO Marc Benioff. Total funding for CareZone is now $150 million.
  • Smartphone… Users scan medication labels and receive prompts to take their pills and refill prescriptions. The app can recommend insurance and offers free delivery.

Company officials say they started CareZone because family members were having trouble managing their health conditions. “It is easy to buy things online or reserve a scooter or watch a movie, it is a lot more complicated to take care of yourself or a loved one,” said founder Jonathan Schwartz. Chronic diseases will account for 57% of the global disease burden by 2020, according to the World Health Organization.

You might also like...