CareRev was founded in 2015 by Sofia Pessanha and Will Patterson. The company has not publicly endorsed plans to participate in an IPO.

CareRev is a healthcare labor marketplace that connects hospitals with healthcare professionals. Hospitals can use the platform to post available shifts, allowing vetted workers to move more freely throughout the system, helping to mitigate staffing gaps. CareRev also offers solutions for the onboarding process. The company has raised more than $50 million in venture capital funding from investors including Transformation Capital, Industry Ventures, Zach Coelius, Michael Siebel, and Gaingels. CareRev has not publicly disclosed valuation statistics.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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To invest in CareRev pre-IPO

Can you invest in CareRev pre-IPO?

CareRev is a privately held company and is not publicly traded, therefore investing in CareRev pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of CareRev before it goes public?

You can seek to sell your shares in CareRev while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my CareRev shares?

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Is CareRev a publicly traded company?

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To learn more about CareRev potential IPO

Will CareRev go IPO?

CareRev has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is CareRev’s IPO price?

The CareRev IPO price does not exist at this time, as CareRev is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to CareRev register for Forge Markets, today.

When was CareRev founded?

CareRev was founded in 2015.

What is CareRev funding to date?

CareRev has raised $98.13MM to date.

Who are CareRev’s major investors?

Growth Technology Partners
Zachcoelius
Hone Capital
Michaelsiebel
Natural Bridge Ventures
Transformationcapital
Mbx Capital
Y Combinator
Fundrx
Fundersclub
Industryventures
Gaingels
Transformation Capital
Industry Ventures
Catapult Vc
Undisclosedinvestors

CareRev Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
06/02/2023 Series B $59.5MM $xx.xx $59.99B Undisclosedinvestors
Price per Share
$xx.xx
Shares Outstanding
3,027,476
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosedinvestors
04/26/2021 Series A-2 $214,998.00 $xx.xx $14.88B Gaingels, Industryventures, Michaelsiebel, Transformationcapital, Zachcoelius
Price per Share
$xx.xx
Shares Outstanding
205,701
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Industryventures, Michaelsiebel, Transformationcapital, Zachcoelius
04/26/2021 Series A-1 $1.17MM $xx.xx $14.88B Gaingels, Industryventures, Michaelsiebel, Transformationcapital, Zachcoelius
Price per Share
$xx.xx
Shares Outstanding
1,342,139
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Industryventures, Michaelsiebel, Transformationcapital, Zachcoelius
04/26/2021 Series A-4 $1.55MM $xx.xx $14.88B Gaingels, Industryventures, Michaelsiebel, Transformationcapital, Zachcoelius
Price per Share
$xx.xx
Shares Outstanding
949,520
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Industryventures, Michaelsiebel, Transformationcapital, Zachcoelius
04/26/2021 Series A-3 $3.7MM $xx.xx $14.88B Gaingels, Industryventures, Michaelsiebel, Transformationcapital, Zachcoelius
Price per Share
$xx.xx
Shares Outstanding
2,830,276
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Industryventures, Michaelsiebel, Transformationcapital, Zachcoelius
04/26/2021 Series A $10MM $xx.xx $14.88B Gaingels, Industryventures, Michaelsiebel, Transformationcapital, Zachcoelius
Price per Share
$xx.xx
Shares Outstanding
4,202,033
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Industryventures, Michaelsiebel, Transformationcapital, Zachcoelius
04/26/2021 Series A-5 $22MM $xx.xx $14.88B Gaingels, Industryventures, Michaelsiebel, Transformationcapital, Zachcoelius
Price per Share
$xx.xx
Shares Outstanding
4,664,970
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Industryventures, Michaelsiebel, Transformationcapital, Zachcoelius
Updated on: Nov 22, 2024

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