This marks an exciting milestone for our portfolio company Cera, demonstrating faith in the Company’s ability to revolutionize the social care sector, as they bring modern, digital-first home care to thousands of families in the UK, in an affordable and accessible way, allowing older people to live in their own homes, better and for longer.
The equity and debt financing will enable Cera to roll out their SmartCare technology nationally, with the ambition of saving the National Health Service in UK millions, through the prediction and prevention of health deteriorations across Britain’s growing elderly population receiving care.
Having launched just over 3 years ago, Cera now has 2,000 employees, 20 offices across the UK, delivering 10,000 care visits a day – a new care session every 10 seconds. Cera has become one of the largest care companies in the UK, and one of the largest health-tech startups in Europe by revenues and by employee count.
CEO & Co-Founder Dr. Ben Maruthappu
The successful fundraising was mentioned in the Handelsblatt today.