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UK in-home healthcare provider Cera raises $150M to expand its AI platform | TechCrunch

Jan 13, 2025 - techcrunch.com
Cera, a UK-based in-home healthcare provider and proprietary software platform, has raised $150 million in a mix of debt and equity to scale its AI-driven platform. The funding round was led by BDT & MSD Partners and Schroders Capital. Cera's technology uses AI to analyze patient data, predicting and reducing hospitalizations and falls significantly. The company claims to be the largest non-NHS healthcare provider in the UK, covering about 30 million people with 10,000 carers and nurses, and working with over 150 local governments and two-thirds of NHS Integrated Care Systems. Cera's AI-led model reportedly saves the UK healthcare system £1 million daily.

Cera's CEO, Dr. Ben Maruthappu, emphasized the company's profitability and expansion into various home healthcare services, including nursing, physiotherapy, and mental health. The company has raised over $407 million to date and aims to alleviate pressure on the NHS by providing comprehensive home healthcare. Cera's competitors in the UK include Home Instead and Bluebird Care, while in the US, similar companies are Signify Health and Honor. Cera is keen to differentiate itself from failed healthcare startups like Babylon Health by leveraging its extensive data set and AI capabilities to deliver exceptional care.

Key takeaways:

  • Cera, a UK-based in-home healthcare provider, raised $150 million in a debt and equity round to scale its AI-driven platform.
  • The company claims its AI technology can predict over 80% of falls and 83% of hospitalizations a week before they happen, significantly reducing incidents and hospitalizations.
  • Cera is the UK's largest non-NHS healthcare provider, covering about 30 million people with 10,000 carers and nurses, and works with over 150 local governments and two-thirds of NHS Integrated Care Systems.
  • An independent analysis found Cera's AI-led home healthcare model saves the UK healthcare system £1 million a day.
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