Electronic Caregiver Reels in $42.5M

New Mexico-based telehealth and technology services company Electronic Caregiver announced the close of its latest funding round that raised $30 million plus a warrant exercise for a total of $42.5 million. 

The new funds will help expand the company’s revenue and customer base, leading to a planned IPO within 24 months, per Mobi Health News. 

The company offers remote patient monitoring and chronic care management services, a 3D virtual caregiver named Addison, advanced medical alerts and telehealth solutions.

To date, the company said it has raised $110 million in equity and $10 million in debt financing.

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