AlayaCare Raises $2.4 Million

Software startup AlayaCare announced the completion of $2.4 million in financing from Fonds Innovexport.

AlayaCare delivers a software and hardware ecosystem that allows homecare agencies to deliver a mix of telehealth and visiting health solutions, empowering patients to live better while driving down the cost of care. Through its association with The Madiro Fund, AlayaCare also contributes its solution free of charge to NGOs working in the developing world that are seeking to leverage mobile technology to improve local lives.

In its announcement, the company said the latest investment allows AlayaCare to continue its growth rate of 125 percent and invest in its product and people.