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CareWorx

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A comprehensive range of managed services to help organizations make the most of today’s best technology

Ottawa, CanadaFounded 2006Semiconductors
Valuation $50–100M Last recorded · 2018
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for CareWorx and the history behind them.

About CareWorx

Fully Managed, formerly known as CareWorx, is a premier provider of managed IT support, security, strategy development, and consulting services tailored for North American businesses. The company specializes in delivering future-forward IT solutions that cater to the unique needs of various industries, with a particular focus on the senior care sector. Fully Managed serves a diverse clientele, ranging from small businesses to large enterprises, ensuring that their technology infrastructure operates seamlessly and securely.

Operating in the managed services market, Fully Managed offers a comprehensive suite of services including IT monitoring, cybersecurity, cloud assessments, and professional services. The business model revolves around providing subscription-based managed IT services, which generate recurring revenue streams. This model ensures consistent support and proactive management of clients' IT environments, thereby reducing downtime and enhancing operational efficiency.

Fully Managed makes money by offering tiered service packages that cater to different levels of IT needs, from basic support to advanced strategic consulting. The company also provides specialized services for the senior care sector, leveraging 16 years of expertise to deliver technology solutions that improve care and service delivery.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2006
Headquarters
Ottawa, Canada
Open positions
None listed
Dealroom signal
22.7/100
Industry
Semiconductors
Sector
Semiconductors, Hard Tech, DT and LS, science-based
Technology
Hardware, Deep Tech
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Jan 2020 $25M — Undisclosed —
SERIES B✓Equity / VC Mar 2018 $13M $52M Kayne Anderson Growth Capital —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

CareWorx website traffic

Latest recorded traffic for CareWorx is 230 monthly website visits, down 41% over the last three months.

Latest monthly visits230 3-month web change-41%
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Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Series B and later1 investor entered at this stage

  • Wellington Financial
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇦 Canada · Ottawa HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about CareWorx on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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