‼️ UK in-home healthcare provider Cera raises $150M to expand its AI platform
Cera, a UK in-home healthcare provider, has raised $150 million in a mix of debt and equity to expand its AI-driven platform. This funding comes amid increasing pressure on public healthcare systems, particularly the NHS, which is struggling post-pandemic. The investment was led by funds affiliated with BDT & MSD Partners and Schroders Capital.
Cera's platform utilizes proprietary AI modeling to analyze patient data, which has reportedly led to significant reductions in hospitalizations, patient falls, and faster hospital discharges. The company claims to be EBITA-positive and free cash flow positive, indicating a shift towards self-sustainability. With this new funding, Cera aims to enhance its services and technology, positioning itself as a major player in the home healthcare space, covering approximately 30 million people in the UK. Cera's success highlights its role in alleviating pressure on the NHS while providing comprehensive home healthcare services.
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