CareAcademy raises $20M for funding


Funding of $20 million was raised by CareAcademy, a Boston-based platform that enables home care and other health organizations to access care, for a total of $20 million

The round was led by Goldman Sachs Asset Management, with participation from MassMutual through the MM Catalyst Fund, Impact America Fund, Rethink Education, Unseen Capital, First Trust Capital Partners, LLC and prior investors.

The funds will be used by the company to speed up product development and data measurement capabilities.

CareAcademy’s founder and CEO Helen Adeosun provides training support to home care agencies, franchise systems and payers. CareAcademy has over 1.5 million hours in training and a web-based platform that allows for administrators to manage the site. It offers compliance and education solutions for all sizes of home care and health organizations, including small agencies and large multi-state companies.

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