Avanlee Care Raises $3.5M in Seed Funding Led by BEA Venture Fund

Avanlee Care, a Billings, MT-based provider of a healthcare technology platform designed to engage and activate family caregivers, has raised $3.5 million in a Seed funding round, bringing the total amount to $6 million.

The round was led by BEA Venture Fund with participation from Esther Dyson, Chrysalis Ventures, and FairBridge VC.

The company will use the funds to expand its caregiver engagement platform across health plans and healthcare organisations, strengthen its technology and enterprise infrastructure, and grow its customer success team.

What is Avanlee Care?

Avanlee Care provides a healthcare platform that helps health plans and healthcare organisations identify, engage, and support family caregivers.

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The platform allows caregivers to manage tasks such as scheduling medical appointments, tracking medications, receiving vaccination reminders, finding healthcare providers, and communicating with health plans and providers. They can also connect with retailers for healthcare-related needs.

Health plans can use the platform to understand caregiver burnout and track trends related to their members health. This helps organisations engage caregivers and measure the impact of their support programmes.

Avanlee also works to simplify preventive care scheduling. Health plans can prompt the platform to arrange appointments for services such as annual wellness visits and cancer screenings. Caregivers can add their existing appointments to receive reminders.

How Much Funding Has Avanlee Care Raised?

Avanlee Care has raised $6 million in total funding, including its latest $3.5 million Seed round.

The company has not disclosed details of its earlier funding rounds.

Who Invested in Avanlee Care’s Seed Round?

The $3.5 million Seed round was led by BEA Venture Fund.

Other participating investors include:

• Esther Dyson
• Chrysalis Ventures
• FairBridge VC

Why the Funding Matters

Avanlee Care will use the funding to expand its platform across health plans and healthcare organisations serving Medicare Advantage members.

The company also plans to strengthen its technology and enterprise infrastructure, expand customer success capabilities, and support more enterprise deployments.

These investments will help Avanlee work with more health plans to engage family caregivers and support their role in managing members' care.

Who founded Avanlee Care?

Avanlee Care was founded by Avanlee Christine and Chris Monson.

The company is headquartered in Billings, Montana. The founding year was not disclosed.

“Caregivers spend an astronomical amount of time having to juggle their career, their families, and suddenly now I’m thrust into this role of I’m a caregiver for my mom … so saving time is huge,” Avanlee Christine, co-founder and CEO of Avanlee Care. Christine, who grew up with a grandfather with Parkinson’s and dementia, was inspired to build the platform that could have supported her mom when she was caregiving.

Market and Business Growth

Avanlee Care focuses on health plans and healthcare organisations, particularly those serving Medicare Advantage members.

Its platform connects family caregivers with healthcare services and gives payers information about caregiver burnout and member health trends.

The company is also looking to work with Medicare Advantage partners to access their provider networks. This would allow the platform to schedule preventive appointments automatically when requested by a health plan.

What Happens Next?

Avanlee Care plans to expand its caregiver engagement platform across more health plans and healthcare organisations.

It is also looking to add support for caregivers to book appointments for healthcare needs beyond those specifically requested by a health plan. The company will continue building its enterprise infrastructure and customer support capabilities.

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