Patient medication, health management platform CareZone raises $50M
Summary
This morning CareZone, a platform for managing chronic illness and organizing health information, announced that it landed $50 million in a series D funding round led by NEA, with participation from McKesson Ventures, and Marc Benioff. Founded in 2012, the platform aims to help users keep track of their medications and make managing chronic conditions simpler. “Our average user on CareZone is on six medications [and] has had a chronic issue to manage, whether it is a child who needs to be on transplant meds or an individual who is facing a cancer diagnosis or taking care of an elder,” Jonathan Schwartz, cofounder and CEO of CareZone, told MobiHealthnews. “It is easy to buy things online or reserve a scooter or watch a movie, it is a lot more complicated to take care of yourself or a loved one.” Schwartz said the new funding will help the company expand its services, noting that there is an increasing focus on consumer-facing tools with multiple functions in one place. In a simplistic way we make healthcare the same delightful e-commerce experience in every other aspect of your life, but we do it for the one area that has been under attended.”
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