# CareCloud funding: rounds and investors

> CareCloud has raised $130M across 8 rounds since 2010. Investors include Intel Capital, Norwest Venture Partners and Adams Street Partners.

Source: https://millionrounds.com/company/carecloud (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *CareCloud*

8 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$130M** raised across 8 rounds since 2010, from 8 sources

**$2.3M** Seed **$5.0M** Seed **$20M** Series A **$20M** Series B **$9.0M** Series B **$26M** Debt **$17M** Series B **$32M** Series C

- **Latest round:** Series C, $32M Nov 2016
- **Step-up i:** 1.9×
- **Investors:** 7

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2010 2011 2012 2013 2014 2015 2016

**$2.3M** Seed

**$5.0M** Seed

**$20M** Series A

**$20M** Series B

**$9.0M** Series B

**$26M** Debt

**$17M** Series B

**$32M** Series C

- **First round:** Seed, $2.3M
- **Biggest round:** $32M
- **Usual gap between rounds:** 12 months

## The rounds

- **Nov 2016** Series C **$32M** *1 new* [Blue Cloud Ventures](https://millionrounds.com/fund/blue-cloud-ventures) Reported by FinSMEs
- **Jul 2015** Series B **$17M** *2 returning* [Intel Capital](https://millionrounds.com/fund/intel-capital) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) From a historical funding record
- **Jun 2014** Debt **$26M** *1 new* [Hercules Technology Growth Capital](https://millionrounds.com/fund/hercules-technology-growth-capital) From a historical funding record
- **Aug 2013** Series B **$9.0M** *1 new* [Adams Street Partners](https://millionrounds.com/fund/adams-street-partners) Reported by techcrunch.com
- **Jun 2013** Series B **$20M** *1 new* *2 returning* [Intel Capital](https://millionrounds.com/fund/intel-capital) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Tenaya Capital](https://millionrounds.com/fund/tenaya-capital) Reported by finsmes.com
- **Sept 2011** Series A **$20M** *2 new* [Intel Capital](https://millionrounds.com/fund/intel-capital) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) Reported by fis.dowjones.com
- **Oct 2010** Seed **$5.0M** *1 new* [DOT Capital](https://millionrounds.com/fund/dot-capital) Reported by techcrunch.com
- **Jan 2010** Seed **$2.3M** No investor was named in the report. Reported by techcrunch.com

## Founders and team

From CareCloud's own website: 1 founder, 10 on the team.

**Mahmud Haq** Founder and Executive Chairman

- **Stephen Snyder** Chief Executive Officer
- **Elizabeth Ferrer** Vice President of Human Resources
- **Loraine Goetsch** Division President and Senior Vice President of Integrations
- **Crystal Williams** President
- **A. Hadi Chaudhry** Chief Strategy Officer
- **Adeel Sarwar** Chief Technology Officer
- **Bonnie Boyer** Chief Financial Officer
- **Brendan Covello** Corporate Counsel & VP of Corporate Development
- **Ali Shaukat** Managing Director Offshore Operations
- **Nympha Schnoeller** Senior Corporate Counsel & Compliance Officer

Advisers *Norman Roth*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2010 **Seed** 2010 **Series A** 2011 **Series B** 2013 **Series B** 2013 **Debt** 2014 **Series B** 2015 **Series C** 2016 [Intel Capital](https://millionrounds.com/fund/intel-capital) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Adams Street Partners](https://millionrounds.com/fund/adams-street-partners) [Tenaya Capital](https://millionrounds.com/fund/tenaya-capital) [Hercules Technology Growth Capital](https://millionrounds.com/fund/hercules-technology-growth-capital) [Blue Cloud Ventures](https://millionrounds.com/fund/blue-cloud-ventures) [DOT Capital](https://millionrounds.com/fund/dot-capital)

## Everyone who backed them

[Intel Capital](https://millionrounds.com/fund/intel-capital) Corporate VC **3** rounds

[Norwest Venture Partners](https://millionrounds.com/fund/norwest) VC firm **3** rounds

[Adams Street Partners](https://millionrounds.com/fund/adams-street-partners) VC firm **1** round

[Tenaya Capital](https://millionrounds.com/fund/tenaya-capital) VC firm **1** round

[Hercules Technology Growth Capital](https://millionrounds.com/fund/hercules-technology-growth-capital) Investment firm **1** round

[Blue Cloud Ventures](https://millionrounds.com/fund/blue-cloud-ventures) VC firm **1** round

[DOT Capital](https://millionrounds.com/fund/dot-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=carecloud).

## Also claim to have backed them

This firm lists CareCloud as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Runway Growth Capital](https://millionrounds.com/fund/runway-growth-capital) Private credit Per its own site

## Quick answers about CareCloud

### Who invested in CareCloud?

CareCloud's investors include Intel Capital, Norwest Venture Partners, Adams Street Partners, Tenaya Capital and Hercules Technology Growth Capital, and 2 more on record.

### How much has CareCloud raised?

CareCloud has raised $130M across 8 rounds since 2010.

### When did CareCloud last raise?

CareCloud's most recent round was a Series C of $32M in Nov 2016.

### What was CareCloud's biggest round?

Its most recent round, $32M in Nov 2016, is also its largest on record.

### Who backed CareCloud first?

CareCloud's first round on record, in Oct 2010, was backed by DOT Capital.

### What stage is CareCloud at?

CareCloud's latest named round is a Series C, in Nov 2016.

### Where is CareCloud based?

CareCloud is based in the United States.

## Companies like CareCloud

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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