Understood Care Overview
- Status
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Private
- Employees
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24
- Latest Deal Type
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Seed
- Latest Deal Amount
-
$5M
- Investors
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9
Understood Care General Information
Description
Provider of patient advocacy and care navigation services intended to assist with healthcare coordination, benefits understanding, and service access. The company's platform uses personal care advocates, AI-driven eligibility and benefits tools, and virtual coordination of appointments, bills, transportation, and medication support, enabling Medicare beneficiaries and their families to manage healthcare processes and reduce administrative complexity.
Contact Information
Website
www.understoodcare.comCorporate Office
- 136 Madison Avenue
- 5th Floor
- New York, NY 10016
- United States
Corporate Office
- 136 Madison Avenue
- 5th Floor
- New York, NY 10016
- United States
Understood Care Timeline
Understood Care Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Seed Round | 16-Mar-2026 | $5M | Completed | Generating Revenue | ||
| 2. Seed Round | 01-Oct-2024 | Completed | Generating Revenue | |||
| 1. Accelerator/Incubator | 06-Mar-2024 | $500K | $500K | Completed | Generating Revenue |
VC Exit Predictor
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Understood Care Comparisons
Industry
Financing
Details
Understood Care Competitors (1)
One of Understood Care’s competitors is Solace (Clinics/Outpatient Services), a Venture Capital-Backed company based in Redwood City, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Solace (Clinics/Outpatient Services) | Venture Capital-Backed | Redwood City, CA |
Understood Care Signals
Understood Care Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Palm Drive Capital | Venture Capital | Minority | ||
| Pioneer Fund | Venture Capital | Minority | ||
| Rethink Capital Partners | Asset Manager | Minority | ||
| Seraph Group | Venture Capital | Minority | ||
| Tau Ventures | Venture Capital | Minority |
Understood Care FAQs
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Where is Understood Care headquartered?
Understood Care is headquartered in New York, NY.
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What is the size of Understood Care?
Understood Care has 24 total employees.
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What industry is Understood Care in?
Understood Care’s primary industry is Managed Care.
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Is Understood Care a private or public company?
Understood Care is a Private company.
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What is Understood Care’s current revenue?
The current revenue for Understood Care is .
-
How much funding has Understood Care raised over time?
Understood Care has raised $8.9M.
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Who are Understood Care’s investors?
Palm Drive Capital, Pioneer Fund, Rethink Capital Partners, Seraph Group, and Tau Ventures are 5 of 9 investors who have invested in Understood Care.
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Who are Understood Care’s competitors?
Solace (Clinics/Outpatient Services) is a competitor of Understood Care.
Data Transparency
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