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Silvercare Solutions
About
Silvercare Solutions provides on-site continence care services to long-term care facilities.
- 11 - 50
Highlights
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $3M
- Industries
- Health Care,Medical,Medical Device
- Founded date
- Jan 1, 2008
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Silvercare Solutions was founded in 2008 to provide on-site continence care services to long-term care facilities.Silver Care Solutions, the Nashville-based provider of incontinence care for residents of nursing homes and assisted living centers, said it raised $3 million in March, 2011 through a new financing round to fund the company’s growth.The money is being used to hire 22 specialized nurse practitioners and 22 clinical assistants to provide the incontinence care to the seniors.Previously, Silver Care had only 14 nurse practitioners and 12 clinical assistants.The company also has hired three regional account directors with plans to add a fourth person to pursue new nursing home and other clients and identify more potential patients within existing client nursing homes.FCA Venture Partners led the financing round. The Tennessee Angel Fund, a TNInvestco fund managed by the Nashville Capital Network, made a co-investment.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Mar 11, 2011 | Series B | $3M | 2 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
TNInvestco
|
— | Series B |
Tennessee Angel Fund
|
— | Series B |
