Funding round
Cera Care Series C
Cera Care, which works in digital-enabled home healthcare services in London, raised $316M in a Series C round announced on 4 Aug 2022, led by Kairos HQ. 11 firms took part, 1 of them already investors. It is Cera Care's third venture round on record; the one before was a Series A in May 2018.
$316M
Amount raised
260,000,000 GBP converted
Not disclosed
Post-money valuation
11
Investors
1 lead
Valuation
What this round says about the price
Cera Care did not disclose a valuation in this round. It came 51 months after Cera Care's Series A. It is 67% of the $473M Cera Care has raised in the venture rounds on record. Cera Care raised again 29 months later: a Growth round of $139M in Jan 2025.
Cera Care's funding rounds
Cera Care has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Kairos HQ led the round with 10 other firms. Kairos HQ had backed Cera Care before.
Lead investor
- backs 2 venture-backed companies existing investor
Also in the round
- Vanderbilt University Endowment new investor
- new investor
- backs 27 venture-backed companies new investor
- Jane Street Capital new investor
- backs 24 venture-backed companies new investor
- Squarepoint Capital new investor
- Guinness Asset Management new investor
- backs 5 venture-backed companies new investor
- 8090 Partners new investor
- Phoenix Court backs 45 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, sales and marketing, scaling operations and working capital.
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series C rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 10 Aug 2022 | $343M | not disclosed | not named |
| DriveNets Tech Companies | 17 Aug 2022 | $262M | $2.50B | D2 Fund |
| Real Estate Rental | 25 Aug 2022 | $125M | not disclosed | Delta-v |
| Tech Companies | 9 Aug 2022 | $100M | not disclosed | not named |
| Medical Supply Manufacturers | 31 Aug 2022 | $100M | not disclosed | Bain Capital Life Sciences |
| Hosting & Cloud Infrastructure Providers | 23 Aug 2022 | $99M | $1.00B | Addition and Intel Capital |
| Tech Companies | 10 Aug 2022 | $88M | not disclosed | ZF and Aptiv |
| Veterinarians & Animal Hospitals | 4 Aug 2022 | $75M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Cera Care raise in its Series C round?
Cera Care raised $316M in its Series C round, announced in Aug 2022.
Who led Cera Care's Series C round?
Kairos HQ led it, with Vanderbilt University Endowment, Evolve Healthcare Partners, Schroders Capital, Jane Street Capital and yabeo and 5 more.
What was Cera Care's valuation at the Series C round?
It was not disclosed.
Did Cera Care raise again after this round?
Yes: a Growth round in Jan 2025 of $139M.