companies

Cara.Care

Founded 2016
Employees 40+
Primary contact
HiDoc Technologies GmbH
Torstr. 59
10119 Berlin
Germany
+49 30 30809546
Links
https://cara.care/
Diseases & Conditions
Sections
Cara Care has developed a digital therapeutic app for digestive diseases, which spans medication management, and dietary and mental health interventions to improve gastrointestinal health. The app is meant to fill a gap in the journey of patients who spend most of their time outside general physician (GP) and gastroenterologist (GI) offices, especially those who suffer from Irritable Bowel Syndrome (IBS), Inflammatory Bowel Disease (IBD), and Gastroesophageal Reflux Disease (GERD). It offers personalized programs that include easy-to-use tracking, actionable insights, and 1:1 expert coaching.
Select partners: Buscomint, Sanofi.
Founded 2016
Employees 40+
Primary contact
HiDoc Technologies GmbH
Torstr. 59
10119 Berlin
Germany
+49 30 30809546
Links
https://cara.care/
Diseases & Conditions
Sections

Funding 💰

Total $16M
Last round 🔗 $7M
Series A
June 13, 2022.
Select investors Asabys Partners, Atlantic Labs, JJDC, Dr. Schar, BIF Partners

Key people 🧑‍🤝‍🧑

Highlights ⭐

  • Solving a problem: The science of digestive health is not reflected in existing care. Despite many scientific studies about the benefits of holistic care, most people don't get the kind of support that's recommended by clinical guidelines. 🔗
  • It works: Cara.Care's tailored programs have shown to reduce 45.4% of overall symptoms in 100 days while delivering a 22% improvement in quality of life. Also, 78.8% of patients saw a clinically significant improvement in their symptoms. 🔗
  • Certified medical product: Cara Care is CE-certified Class 1 medical device in Europe for IBS management. As such, doctors in Germany can prescribe Cara Care to their patients.
  • Eyes on the US market: In addition to Europe, Cara is also looking to the U.S. for expansion. To that end, the company appointed Jim Mapes as CEO, who has served in executive roles at a range of U.S.-based healthcare companies, including Centauri Health Solutions, UnitedHealth Group's Optum division, and health insurer Anthem.
  • Media love: The company has been featured in a few media outlets, such as TechCrunch, BuzzFeed, USA Today, Venture Beat, Health Line, Sifted, and more.

Video ▶️

Awards & Recognitions 🏆

  • 2020 Healthline's Best Digestive Health Apps

Quotes 💬

“
The Dr. Schär family has been working for 100 years to serve people with special dietary needs to live better lives. In Cara Care, we have found a partner who can make this mission even more successful with the help of the most innovative technologies. We are extremely excited about working with the team and Jim Mapes as an excellent addition to the management.
— Philipp Schoeller, CEO of Dr. Schär AG 🔗
“
Abasys Partners' investment reflects the impact of a technological convergence in healthcare that is delivering therapies beyond traditional prescription medications, where smart apps work in concert with the pharmaceutical industry to provide clinically meaningful benefit to patients in their everyday lives. Cara Care's advanced digital technologies, which include big data, AI, and UX, are all embedded in the patient-centric Cara Care mobile app, helping patients improve their lives with more efficient, personalized and clinically validated treatments.
— Josep LI. Sanfeliu, managing partner and co-founder at Asabys Partners 🔗
“
Digital therapeutics is the next big movement in healthcare, and Cara Care is one of the most advanced companies in this field. Soon the Cara Care app will be able to help millions of patients with digestive diseases in Europe and the U.S.
— Christophe Maire, founder and CEO of Atlantic Labs 🔗
Last update: January 13, 2023