Alaya Care secures $2.4M round led by Klass Capital


Alaya Care secures $2.4M round led by Klass Capital
January 08
21:06 2015

Alaya Care Inc (AlayaCare), a cloud-based platform for the home healthcare industry, has secured $2.4 million in funding led by Klass Capital with participation of angels with software and healthcare expertise.

AlayaCare’s integrated end-to-end platform, which caters to homecare agencies and the needs of Nurses and Personal Support Workers, enables clients to enhance care to their patients. Montreal and Toronto based AlayaCare has signed a number of Tier 1 home healthcare agencies within Canada and abroad.

“As an organization, we view this investment as an opportunity to dramatically amplify the results for our clients, ultimately leading to better health outcomes patients, the payers or health systems picking up the tab, and the front line care workers delivering the care,” said Adrian Schauer, founder & CEO of AlayaCare. “We are highly motivated to help the home healthcare sector realize a technology-enabled transformation from provider of periodic visits to provider of outcome-based services that leverage remote patient monitoring. This round of financing brings us the funds to accelerate our growth, but it also delivers to our team an unparalleled group of industry and entrepreneurial advisors.”

“We are excited to partner with CEO Adrian Schauer and the AlayaCare team,” said Daniel Klass, President of Klass Capital. “Adrian is an exceptional entrepreneur and he has a strong track record of building and operating software businesses. The Home Healthcare industry is a large, addressable market that is ripe for change. We strongly believe AlayaCare has the right team and product to become a major player in the market.”

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