Tag: Capital Raise
Carewell raises $24.7M
February 26, 2024HME News Staff
MIAMI – Carewell, an online retailer focused on providing family caregivers with tools and resources to care for their loved ones, has announced a $24.7 million Series B capital raise to accelerate its mission of streamlining access to home health products. The raise was led by the principals of MBF Healthcare, with participation from existing investors Sageview Capital and Headline, among others. “Family caregiving is becoming an increasingly more common experience in the U.S. with spouses,...
Oventus raises millions
May 11, 2021HME News Staff
BRISBANE, Australia – Oventus Medical has firm commitments from institutional and sophisticated investors for a two-tranche placement of ordinary shares to raise about $5 million. The company has also launched a fully underwritten 1 for 4.4 pro-rata, non-renounceable entitlement offer to raise another $5 million. “We thank all those investors who showed strong support for the company through the placement, despite the challenges brought about by sustained lockdowns...
DME Express raises capital for expansion
December 20, 2016HME News Staff
BATON ROUGE, La. - DME Express, a DME provider to hospice and nursing facilities in the Southeast, has secured an undisclosed amount of growth equity financing from WayPoint Capital Partners, it announced Dec. 19.Concurrent with the financing, DME Express has also secured a significantly expanded credit facility from its existing lender, Bank of Oklahoma.Funds will be used to support the company's rapid growth and its continued expansion.“This capital raise will enable DME Express to continue...