CareWorx Raises $17 Million

CareWorx, one of the top 50 global managed service providers (MSP) and a market leader in senior care technology solutions, today announced it has closed a $17 million round of funding from California-based Kayne Partners.

CareWorx, founded in 2006, provides a suite of managed services for mid-market and senior care businesses, including a 24×7 service desk, remote monitoring and management, IT service management, and managed end-user devices.

CareWorx plans to use the investment to accelerate growth in the senior care market, expand existing managed services and security offerings, and finance potential acquisitions.