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CareZone

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CareZone | Easily manage multiple medications and health info

San Francisco, United StatesFounded 2012Health Tech & Medtech
Valuation $100–250M Last recorded · 2020
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for CareZone and the history behind them.

About CareZone

Founded in 2012 by former Sun Microsystems CEO Jonathan Schwartz and Walter Smith, CareZone emerged from a personal need to simplify the management of health information for families. Schwartz's experience as a caregiver for his father and son highlighted the challenges of coordinating care, leading to the creation of a platform to centralize health-related information. The company's initial mission was to provide a secure and straightforward way for individuals to organize and share medical details with family members and trusted caregivers. CareZone developed a mobile application that served as a comprehensive tool for managing health. Its core functionality allowed users to create a journal to track symptoms, maintain a list of medications, and store important contacts and insurance information. A standout feature was its medication management system, which enabled users to scan prescription bottles or insurance cards to automatically import the data, set reminders for dosages, and keep a record of adherence. This service was designed to assist the tens of millions of people in the U.S. who act as caregivers for aging parents or chronically ill family members, a demographic often juggling multiple prescriptions and appointments. The business model evolved to include a pharmacy service, allowing users to have prescriptions delivered directly to their homes. This service, branded as CareZone Pharmacy, streamlined the process of refills and medication synchronization, packaging pills into daily labeled packets to improve adherence and reduce confusion for patients on complex regimens. This direct-to-consumer pharmacy operation became a key revenue driver. In a strategic move to bolster its health and wellness division, Walmart acquired certain assets of CareZone in 2020. The acquisition included the company's technology and intellectual property, with Walmart integrating the team and platform to enhance its own health service offerings. Following the acquisition, CareZone ceased its pharmacy and prescription delivery services, and the app's functionality was wound down as its technology was absorbed by Walmart.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2012
Headquarters
San Francisco, United States
Employees
42
Open positions
None listed
Dealroom signal
74.1/100
Industry
Health
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Personal Health, Hard Tech
Technology
Mobile app
Client focus
b2b, b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Jun 2020 $200M $200M Walmart —
SERIES DOther financing May 2018 $50M $200M NEA —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

CareZone website traffic

Latest recorded traffic for CareZone is 3K monthly website visits, up 66.7% over the last three months. CareZone's team declined 2.3% over the past year.

Latest monthly visits3K 3-month web change+66.7% 1-year team growth-2.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

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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

  • Catamount Ventures
  • Jonathan Schwartz
  • NEA

Other known investors1 additional known investor

  • Walmart
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about CareZone 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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