American Family Ventures led a $17 million Series A financing round for TCARE, the company announced recently.
The St. Louis-based TCARE provides a Centers for Medicare & Medicaid Services-approved analytics platform that supports families who are taking care of a loved one.
According to a release, the funds will be used to help the company expand its offerings with its enterprise customers.
“As we’ve been watching the caregiver support landscape evolve over the last few years, TCARE stood out from others for several reasons,” American Family Ventures Managing Director Brittany Clements said in a statement. “TCARE has 15+ years of longitudinal data and outcomes on caregivers that identify their risk factors to burnout and suggests proven interventions.”
Other participants in the financing round include Unum Ventures and Inception Health.
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