Carepoynt — a Newport Beach, CA-based health- and wellness-focused rewards company has raised $2 million in seed funding. The funding will be used to help Carepoynt continue to accelerate its innovative and disruptive shift of the status quo by offering its unique Rewardsware for Healthcare engagement program, platform and network to the massive Health & Wellness marketplace that is seeking more engaging experiences and rewarding results from a healthcare ecosystem that has become more costly, inflexible and impersonal.
Since emerging into the market in 2017 to address the United States’ costly, chaotic and uncoordinated healthcare ecosystem, Carepoynt has quickly emerged as a leader in the digital health and wellness engagement category. Supported by an agile team and stellar advisory board with deep expertise in consumer and business technology, CRM and Rewards programs and Healthcare and other industry experiences from the likes of Salesforce.com, Aetna, Kaiser, Cedars Sinai, Verizon, Caesars and many others, Carepoynt is a compelling consumer-centric engagement platform, program and network that allows members to connect, align, engage and be rewarded for healthy choices.
Hundreds of well-known local and online healthcare providers, and a variety of local and national health and wellness businesses and retail partners like Fitbit®, CVS pharmacy™, GNC®, Starbucks Coffee®, Amazon®, Whole Foods Market®, Nike®, Gap and Target® are now available to members of the Carepoynt Community.
With its sustained growth, completion of a successful seed round under its belt, and now backed by the support of US Capital Global, Carepoynt is well-positioned to advance its strategic market expansion into the booming digital health sector by further enhancing the Carepoynt platform and go to market plans.
“Our success in building upon the base of local and national Carepoynt Community of members, partners, providers, payers and employers so far this year, coupled with the completion of our Seed round of funding sets the stage for us to accelerate the growth of our unique digital health and wellness focused solution,” said company CEO and founder, Tim Stanley. “This round of funding, along with some major go to market milestones we are achieving with our Rewardsware for Healthcare™ platform, will fuel the overall success of the company. We believe that our partnership with US Capital Global will help to ensure a successful and timely Series A investment round, and will increase our ability to scale up even more quickly to reward and deliver results to new and existing Carepoynt members and customers.”
