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Recently Funded|Amount: USD 2.0M|Industry: Software Development

careCycle Secures $2M Seed Round to Revolutionize Voice AI for Medicare Advantage & ACA Distributors

careCycle

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2-10 employees employees (Est.)
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We are thrilled to announce that careCycle has successfully raised $2,000,000 in new funding, marking a pivotal moment in our journey to revolutionize the voice AI landscape for Medicare Advantage and ACA distributors. As a company dedicated to delivering innovative solutions, careCycle offers a comprehensive suite of voice AI teams designed to optimize every facet of customer engagement and operational efficiency. Our platform empowers distributors to pre-qualify leads effectively, achieve up to 5x conversion rates on after-hours and overflow calls, and boost customer retention by more than 10% through personalized welcome and approval calls. Additionally, our intelligent systems save organizations thousands of agent hours by automating renewal reminder processes—allowing companies to focus on high-impact tasks that drive meaningful growth. This significant capital injection will be used to further enhance our state-of-the-art technology, expand our development team, and accelerate market penetration into new territories. With a strong track record of delivering tangible results—evidenced by our customers closing over $2,000,000 in net-new revenue while saving tens of thousands of agent hours—we are poised to scale our impact and continue transforming the industry. The funding will help us deepen our research in artificial intelligence and machine learning and refine our products to meet the evolving demands of healthcare distributors. As we embark on this exciting new phase, we remain committed to empowering our clients with tools that drive efficiency, boost conversions, and elevate customer experiences. Stay tuned for more updates as careCycle continues to lead the charge in voice AI innovation within the healthcare marketplace.
March 11, 2025

Buying Signals & Intent

Our AI suggests careCycle may be interested in solutions related to:

  • Health IT solutions
  • Telehealth platforms
  • Data management services
  • Healthcare software development
  • Patient engagement tools

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