‘Automating the antiquated’: Fast-growing Carefeed closes $3M round led by NYC firm

A Cincinnati health care tech startup that saw accelerated growth due in part to the Covid-19 pandemic has raised millions in new capital, and the funds will help it expand beyond its traditional client base and more.

Over-the-Rhine’s Carefeed, which provides digital communication solutions to senior care facilities, said Tuesday it closed a $3 million financing round led by New York City-based Reformation Partners. Existing investors Allos Ventures, based in Indianapolis and Cincinnati, and M25, a Chicago- and Indianapolis-based VC firm, also participated.

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Story excerpt provided by Cincy Inno.

Written by Liz Engel.

Originally published August 2, 2022.