Cadence - About the company
Cadence is a series B company based in New York City (United States), founded in 2020 by Chris Altchek and Kareem Zaki. It operates as an Offers a remote care platform to help patients manage chronic conditions at home and at scale. Cadence has raised $144M in funding from investors like Thrive Capital, General Catalyst and Coatue, with a current valuation of $1B. The company has 599 active competitors, including 58 funded and 25 that have exited. Its top competitors include companies like Health Recovery Solutions, HealthSnap and Luscii.
Sectors and market segments that Cadence operate in
Cadence serves in the HealthTech market segments.The primary business model of Cadence is:Company Details
Company offers digital remote care platform to help patients manage chronic conditions at home and at scale. The platform collects data on vital sign and wellness and then integrates it with the patient’s medical history to personalize daily care plans. Company's platform also allows providers to give patients education tools and more. It has features for patient experience management, workflow operations, clinical support, and more.
- Website
- www.cadence.care/
- Email ID
- *****@cadencerpm.com
- Phone Number
- +1 **********
- Registered Address
- Hixson, Tennessee
Key Metrics
Founded Year
2020
Location
New York City, United States
Stage
Series B
Total Funding
$144M in 3 rounds
Latest Funding Round
Post Money Valuation
$1B as on Dec 15, 2021
Investors
Ranked
2nd among 599 active competitors
Employee Count
485 as on Apr 30, 2026
Similar Companies
Legal entities associated with Cadence
Cadence is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CADENCE HEALTH CIN: 362513909 , United States, Active | Dec 31, 1999 | - | 5241 (As on Dec 31, 2017) | - |
CADENCE HEALTHCARE SOLUTIONS, LLC CIN: 464703465 , United States, Active | Dec 26, 999 | - | 138 (As on Dec 31, 2019) | - |
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Cadence's funding and investors
Cadence has raised a total funding of $144M over 3 rounds. Its first funding round was on 2020. Its latest funding round was a Series B round on Dec 10, 2021 for $103M. 5 investors participated in its latest round. Cadence has 5 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Cadence:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 10, 2021 | $103M | Series B | $1B | - | ||
Aug 05, 2021 | $41M | Series A | - | - | - | |
2020 | Undisclosed | Seed | - | - | - |
View details of Cadence's funding rounds and investors
Cadence's founders and board of directors
Founder? Claim ProfileHere are the details of Cadence's key team members:
- Chris Altchek: Co-Founder & CEO of Cadence. Contact Info: 1 email address
- Kareem Zaki: Co-Founder of Cadence. Contact Info: 1 email address
View details of Cadence's Founder profiles and Board Members
Cadence's employee count trend
Cadence has 485 employees as of Apr 26. Here is Cadence's employee count trend over the years:
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Cadence's Competitors and alternates
Top competitors of Cadence include Health Recovery Solutions, HealthSnap and Luscii. Here is the list of Top 10 competitors of Cadence, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Health Recovery Solutions 2012, New York City (United States), Series C | Provider of cloud-based telehealth and remote monitoring platform | $84.7M | 62/100 | |
2nd | Cadence 2020, New York City (United States), Series B | Offers a remote care platform to help patients manage chronic conditions at home and at scale | $144M | 62/100 | |
3rd | HealthSnap 2015, Miami (United States), Series B | Digital platform for remote patient monitoring | $48.5M | 55/100 | |
4th | Luscii 2013, Amsterdam (Netherlands), Acquired | Provider of remote monitoring solutions for chronic patients | - | 55/100 | |
5th | Medical Informatics 2018, Houston (United States), Series B | Provider of remote monitoring platform for healthcare organizations | $55.4M | 53/100 | |
6th | 19Labs 2015, Menlo Park (United States), Seed | Cloud-based remote care management tool for healthcare providers | - | 51/100 | |
7th | Doccla 2017, Hammersmith (United Kingdom), Series B | Provider of remote monitoring platforms | $70.9M | 50/100 | |
8th | LookDeep 2019, Oakland (United States), Funding Raised | Provider of an AI-based patient monitoring system | - | 48/100 | |
9th | HealthArc 2020, Hackensack (United States), Series A | Provider of remote patient monitoring solutions for doctors and payers | $5M | 48/100 | |
10th | Provides an automated SMS based telehealth solution for patient engagement | $1.41M | 47/100 |
Looking for more details on Cadence's competitors? Click here to see the top ones
Cadence's Investments and acquisitions
Cadence has made no investments or acquisitions yet.
Reports related to Cadence
Here is the latest report on Cadence's sector:
News related to Cadence
Media has covered Cadence for 1 event in last 1 year, It was about company updates.
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BayCare partners with Cadence to introduce remote patient monitoring programmeHospital Management•Aug 21, 2024•BayCare, Cadence, Cadence
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BayCare Launches New Connected Care Program to Extend World-Class Care to Patient HomesBusiness Wire•Aug 20, 2024•BayCare, Cadence
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New Cadence Data Show Improved Outcomes for Heart Failure PatientsBusiness Wire•Oct 03, 2022•Cadence
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Cadence Raises $100 Million to Build the Infrastructure of the Future for Health SystemsBusiness Wire•Dec 14, 2021•Cadence, Coatue, Cadence, General Catalyst and 1 other
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LifePoint inks founding partnership with new remote care monitoring companyBecker's Hospital Review•Aug 05, 2021•LifePoint Health, Cadence, General Catalyst, Thrive Capital and 1 other
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