TCARE is a St. Louis-based company that provides an evidence-based family caregiver support solution designed to reduce family caregiver burnout. Its technology uses precision targeting and mapping of resources and comprises intelligent machine-learning models, data prediction models, and analytics that pull Social Determinants of Health (SDOH) data. The platform is positioned to create LTSS and LTC population health risk management solutions. TCARE spun out of research from the University of Wisconsin–Milwaukee and reports customers across multiple segments and industries, including enterprise and Fortune 100 clients. The company recently closed an oversubscribed $17 million Series A, bringing total funding to $20 million, led by American Family Ventures with participation from new and returning investors. Management says the growth capital will be used to expand offerings with enterprise customers, grow its footprint with current customers, and enter previously untapped markets. TCARE is a St. Louis-based company offering an enterprise SaaS platform to support family caregivers. Led by CEO Ali Ahmadi, the platform uses predictive analytics to identify and prevent caregiver burnout, aiming to reduce long-term care service usage and delay nursing home placements. The company partners with health, life and long-term care insurance carriers to integrate its solution into payer programs. Its clients include top‑5 MCOs, Managed Long-Term Services and Supports (MLTSS) plans, Medicare health plans, the Washington State Dept. of Social & Health Services, the Alaska Dept. of Health, the Hawaii Office of Aging and 90+ Area Agencies on Aging spanning 32 states. TCARE closed a $3M financing round and intends to use the funds to expand operations and broaden its business reach.

Total raised

$20M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2022