Caregility Raises $25.1M Series A Funding

Caregility, a telehealth solution provider, has secured $25,100,000 in investment capital. This funding round underscores investor confidence in the company's established market position and its innovative approach to virtual care. The capital infusion is set to support Caregility's strategic initiatives as it continues to expand its reach and technological capabilities within the evolving healthcare landscape. Caregility specializes in connecting care across various settings through its comprehensive telehealth solutions. Its flagship offering, Caregility Cloud™, integrates bedside care, virtual care, and AI capabilities directly at the point of care. The company has been recognized for its platform, earning the Best in KLAS® Virtual Care Platform (non-EMR) designation in 2021, 2022, and 2023. This recognition highlights its impact on clinical insights, patient safety, and operational efficiency for healthcare providers. Doctors, nurses, and patients globally utilize Caregility's intelligent telehealth edge devices and its virtual nursing, observation, and engagement applications. The company's solutions are currently trusted by over 75 health systems, deployed in more than 1,000 hospitals, and support over 30,000 connected devices. With this new investment, Caregility plans to use the funds for growth initiatives, including further developing its platform, enhancing its product offerings, and expanding its market presence to help transform healthcare delivery across inpatient and outpatient settings. The successful funding round positions Caregility to accelerate its mission of transforming healthcare through advanced telehealth technology. The company aims to continue its trajectory of innovation and expansion, reinforcing its role as a key player in the virtual care ecosystem and further enabling accessible and efficient patient care.