Cera raises £260m in Series C funding to scale digital-first healthcare services
The financing round was led by Kairos HQ alongside Schroders Capital and other backers to expand at-home patient care capacity.
Cera is a digital-first home healthcare provider operating across the UK and Germany. It delivers nursing, telehealth, and prescription services supported by proprietary technology.
Cera has secured £260m in a Series C equity and debt financing round to scale its patient capacity and expand its healthcare services. The funding was led by Kairos HQ, with participation from several institutional investors and financial institutions including Schroders Capital, Jane Street Capital, and Goldman Sachs International.
The fresh capital will support the company's objective to significantly increase its daily patient reach and expand its nursing and telehealth offerings internationally. This expansion aims to alleviate pressures on national health services by reducing hospital admissions and freeing up bed capacity.
From the founder
"Since Cera’s launch in November 2016 the company has scaled at an unprecedented rate for the sector, benefiting countless lives, and proving the need for technology-powered improvement in healthcare. Receiving such significant financial backing during this period of global economic volatility, is testament to the strength of Cera’s business model, our innovation, and our commitment to revolutionising healthcare. We’re now in pole position to be able to use our unique technology to expand what we do for patients across the world who are in need of care, while relieving pressures on public services."
Ben Maruthappu
CEO and Co-founder at Cera
Investor perspective
"Ageing populations, post-pandemic recovery and major staff shortages have created a series of issues facing healthcare providers and governments. Cera’s proposition is proven to deliver results to face down these challenges. Cera’s digital-first home healthcare is a unique offering that we believe must be rolled out far and wide to provide a tangible solution to hospital waiting times, building a bigger carer workforce and to help our elderly communities to receive quality, genuine care. We’re proud to be a partner of Cera, and to play a part in supporting their mission to empower people to live longer, better lives in their own homes through technology."
Tim Creed
Head of Private Equity Investments, Schroders Capital
Use of funds
- 01Expand into international markets
Investors
Kairos HQ
Vanderbilt University Endowment
Evolve Healthcare Partners
Tim Creed
Schroders Capital
Jane Street Capital
Yabeo Capital
Squarepoint Capital
Guinness Asset Management
Oltre Impact
8090 Partners
Robin Klein
Goldman Sachs International
JPMorgan Securities
Categories
About the company
Cera
Cera provides digital-first home healthcare and nursing services.