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.
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
|