SMARTcare Software Receives Investment from Idea Fund of La Crosse
SMARTcare Software provides a mobile operations solution for home care agencies with a one-of-a-kind networked client and caregiver experience. SMARTcare will use the investment to expand market share and continue advancing technology that improves the quality of the caregiver/client outcomes in home care.
Eau Claire, WI, June 1, 2019 – SMARTcare Software, inc., a home healthcare innovator, announced it has closed a round of funding with the Idea Fund of La Crosse. SMARTcare is the first Eau Claire Wisconsin technology investment by the Idea Fund. The SMARTcare business model fits well into Idea Fund’s goals of investing in Wisconsin entrepreneurs and grow technology throughout the state. The financing will be used to expand SMARTcare’s resources as it executes its go-to-market strategy and increases its customer base throughout North America.
SMARTcare is a cloud-based (SaaS) end-to-end home care and home healthcare business automation solution allowing agency owners to manage their entire business operations from any device, from any location. SMARTcare’s real-time insights help home care agencies better serve their clients improving the overall home care engagement.
“We are thrilled to be joined by our new partners at the Idea Fund to expand SMARTcare in the market while helping our home care customers improve their care and provide better outcomes to their clients,” said Scott Zielski, President, CEO of SMARTcare Software. “Combining SMARTcare’s advanced home healthcare business automation software with the amazing support and resources of the Idea Fund will enable us to have an even greater impact on home care. We will continue to expand our mission of improving outcomes for care-at-home.”
Input on SMARTcare: Idea Fund.
“SMARTcare has developed a unique solution in the fast-growing market of home care, providing real operational efficiencies for home care agencies to effectively run their business,” said Jonathon Horne, Managing Director of Idea Fund of La Crosse. “SMARTcare is a perfect fit to our portfolio of companies given our rich investor background in healthcare. The SMARTcare solution does the heavy lifting for home care agencies so they can focus on their real priorities: client, patients, and caregivers.”
SMARTcare uses technology to organize, optimize, and drive best practices for agencies and providers delivering healthcare within the home while improving outcomes and satisfaction. The system is a fully integrated caregiver, financial, and business intelligence solution that provides tools to help build and track new clients, manage homecare operations and ensure compliance and care quality for home care providers, caregivers, and agency leadership.
“SMARTcare has increased our staff productivity and reduced our costs – while allowing us more time to focus on growing our business. It provides us with valuable information about our business and operations that we never had access to before. In addition, the Client and Caregiver Management modules set us apart in the industry,” says Golden Kennedy, SVP of Operations for Golden Heart Senior Care – Sun City, AZ.
About SMARTcare Software, Inc.
Headquartered in Chippewa Valley, WI, SMARTcare Software was founded by former healthcare technology and home care professionals. The SMARTcare solution is an online end-to-end business automation solution for home care. The company uses technology to organize, optimize, and drive best-practices for caregivers while saving time, reducing costs, and improving outcomes. SMARTcare manages the entire home continuum of care, organizing care provider operations, gathering insights from home care data, delivering predictive analytics to reduce readmissions and improve patient/client outcomes.
About Idea Fund of La Crosse
The Idea Fund of La Crosse was established in 2016 to invest in early-stage startup companies and currently has $13mm under management. The fund targets Wisconsin-based startups that are either pre-revenue or early-stage revenue diversified across sectors. The fund seeks to partner with highly skilled founders and provides support from initial investment through company exit.