Trending...
- Arizona Pest Control Surpasses $200,000 in Contributions to Southern Arizona High School Sports and Education Programs
- OncoBeta Introduces Rhenium-SCT for Non-Melanoma Skin Cancer at Theageneio Cancer Hospital of Thessaloniki
- No Bounds Digital Acquires Draidel's HubSpot Agency Business, Expanding Reach and Capabilities
Funding will drive product development, strategic account management, and market expansion
PITTSBURGH - PennZone -- ThoroughCare, a leader in care coordination solutions, has successfully closed its $5 million Series A funding round, led by Empactful Capital. This investment will support ThoroughCare's continued focus on product development, strategic account management, and expansion into new markets. The funding marks a major milestone for the company as it continues its mission to simplify patient care through innovative, workflow-integrated digital solutions.
ThoroughCare's platform is designed to address the inefficiencies and fragmentation in patient care, which can result in inconsistent patient engagement, poor outcomes, and revenue loss. The company's purpose-built solution offers support to a wide range of healthcare organizations—from independent practices to accountable care organizations, health systems, and health plans—helping manage medical, behavioral, and social elements of care delivery. ThoroughCare's NCQA-accredited platform delivers a unified approach to care management that benefits patients and providers alike.
More on The PennZone
"This investment will enable us to enhance our product offerings and accelerate growth across new and existing markets," said Earl Hutz, COO of ThoroughCare. "With Empactful Capital's support, we're well-positioned to continue innovating and delivering solutions that empower providers to improve patient outcomes while simplifying the challenges of care management in a highly complex industry."
Empactful Capital, a venture firm specializing in healthcare innovation, saw ThoroughCare's unique value proposition as a key driver for their investment. ThoroughCare's multi-tenant platform offers scalable solutions for healthcare organizations of any size and extends beyond a single entity to serve large networks.
"ThoroughCare's platform represents a strong solution for addressing the complexities of care management across diverse healthcare networks," said Sal DeTrane, Managing Partner of Empactful Capital. "Their proven track record, combined with the ability to drive meaningful improvements in patient outcomes and operational efficiency, aligns with our investment focus on transformative healthcare solutions."
More on The PennZone
About ThoroughCare
Founded in 2013, ThoroughCare provides digital care coordination solutions to approximately 700 care delivery organizations throughout the United States. ThoroughCare's solution enables seamless care across the healthcare continuum; treating the whole person and healing the whole population, by driving personalized health experiences, streamlining value-based care delivery, and identifying the next best actions at critical moments. Learn more at: www.thoroughcare.net.
About Empactful Capital
Empactful Capital is a venture capital firm founded in 2016 dedicated to supporting companies that create lasting value in healthcare. The firm invests in early- and growth-stage companies, enabling value-based care and behavioral health. For more information, visit www.empactfulcapital.com.
ThoroughCare's platform is designed to address the inefficiencies and fragmentation in patient care, which can result in inconsistent patient engagement, poor outcomes, and revenue loss. The company's purpose-built solution offers support to a wide range of healthcare organizations—from independent practices to accountable care organizations, health systems, and health plans—helping manage medical, behavioral, and social elements of care delivery. ThoroughCare's NCQA-accredited platform delivers a unified approach to care management that benefits patients and providers alike.
More on The PennZone
- The World's No.1 Superstar® Brings Christmas Back in Grand Style with Music, Cinematic Glamour, and Luxury Fashion
- New Six-Figure Media Agreement Builds Powerful Momentum, Expanding Government Contracts, FBI Access and Growing AI Recognition: Cyabra (NAS DAQ: CYAB)
- Christmas Beats Summer in Paris: Travel Photoshoots Peak on Dec. 30
- Qscription Technologies Welcomes Joanna Krause, MD, MRMD to Its Clinical Advisory Board
- Jamie Foxx's SKVLK Fest Sets the Record Straight on Stabbing Reports Following Star-Studded Celebration
"This investment will enable us to enhance our product offerings and accelerate growth across new and existing markets," said Earl Hutz, COO of ThoroughCare. "With Empactful Capital's support, we're well-positioned to continue innovating and delivering solutions that empower providers to improve patient outcomes while simplifying the challenges of care management in a highly complex industry."
Empactful Capital, a venture firm specializing in healthcare innovation, saw ThoroughCare's unique value proposition as a key driver for their investment. ThoroughCare's multi-tenant platform offers scalable solutions for healthcare organizations of any size and extends beyond a single entity to serve large networks.
"ThoroughCare's platform represents a strong solution for addressing the complexities of care management across diverse healthcare networks," said Sal DeTrane, Managing Partner of Empactful Capital. "Their proven track record, combined with the ability to drive meaningful improvements in patient outcomes and operational efficiency, aligns with our investment focus on transformative healthcare solutions."
More on The PennZone
- Coach Bulinda Wright Advances To Top Five In National 'Top Host 2026 Competition'
- Andrew Balzano Releases One of My Life's Passions: Classics and Mysteries, a Fan's Guide to Great Mysteries Worth Rewatching
- Feldman Shepherd Named as 2027 'Best Law Firm' by Best Lawyers -- Tier 1 National & Philadelphia
- The 4th Annual Newark Summit for Economic Development, Placemaking & Innovation Returns on December 8th
- Corner Property Management AAMC Awarded Community Management Contract for Belvidere at Doyle Square
About ThoroughCare
Founded in 2013, ThoroughCare provides digital care coordination solutions to approximately 700 care delivery organizations throughout the United States. ThoroughCare's solution enables seamless care across the healthcare continuum; treating the whole person and healing the whole population, by driving personalized health experiences, streamlining value-based care delivery, and identifying the next best actions at critical moments. Learn more at: www.thoroughcare.net.
About Empactful Capital
Empactful Capital is a venture capital firm founded in 2016 dedicated to supporting companies that create lasting value in healthcare. The firm invests in early- and growth-stage companies, enabling value-based care and behavioral health. For more information, visit www.empactfulcapital.com.
Source: ThoroughCare
Filed Under: Health
0 Comments
Latest on The PennZone
- Arizona Pest Control Surpasses $200,000 in Contributions to Southern Arizona High School Sports and Education Programs
- Beyond Spots & Dots Spreads Holiday Cheer at Old Economy Village's Festival of Trees
- ZenaTech (NAS DAQ: ZENA) $1 Million in New Utility Contracts- Potential $2.5 Million Follow-On Opportunity Puts Its Drone Business in the Spotlight!
- New Patient Data Show REQORSA® Activating Cellular Repair Pathways as Roche Collaboration Advances Precision Lung Cancer Strategy for Genprex, Inc
- Genuine Hospitality, LLC Selected to Operate Holiday Inn Express & Suites Jacksonville – Town Center
- AI Trading Agents Analyze Pharmaceutical Stocks as Biotech Innovation Draws Attention (LLY, GILD, BSX, AZN, ABBV, MRNA)
- Shiokly Launches Online Marketplace to Help Singapore Home-Based Businesses Sell More, With First Product Listed Free
- Freight Broker 911 and Milton Collier Introduce "What's The 911?"—A New Podcast Built on Real Talk, Real Freight, and Real Opportunity
- PropAccount.com Launches PropWallet, Turning Prop Firm Payouts Into Repeat Sales
- Hope Survives Announces Hidden Impact, Its Second Brain Injury Podcast
- Household Staffing Recognized as Principal Benefactor of the Nanny Relief Fund
- KOLBUS America, For All Of Your Hycorr Equipment And Service Needs
- Heritage at Hopewell Announces New 3.875% Year-One Mortgage Rate Buydown Incentive on Quick Delivery Townhomes (7.11% APR)
- New TROP2 Research Breakthrough Strengthens REQORSA® Gene Therapy Story as Roche Collaboration Advances Precision Lung Cancer Treatment: Genprex, Inc
- Rent a Truck or Hire Movers? New Data Shows Fuel Now Makes Up to 40% of DIY Moving Costs
- TrueNorth Wellness Services Expands Rural Behavioral Health Care in Fulton County with Technology
- Club Wyndham Research Identifies the "Holiday Rewind Effect": 93% of Parents Recreate Their Own Childhood Holidays for Their Kids
- IEI Rugged IP66 Panel PC Brings Real-Time Visibility to Heavy-Duty Mining Fleets
- FDA Approval; Major Milestone for Preservative-Free Ketamine Ahead of FDA Goal Date for Treatment of Suicidal Depression by NRx Pharmaceuticals, Inc
- Building a Technology Powerhouse-From AI Drones and Global Acquisitions to Defense, Enterprise Software and the Future of Autonomous Operations $ZENA