C
CareZone
Health Tech & Medtech · San Francisco, United States · Founded 2012
CareZone | Easily manage multiple medications and health info MoreLess
Founded in 2012 by former Sun Microsystems CEO Jonathan Schwartz and Walter Smith, CareZone emerged from a personal need to simplify the management of health information for families. Schwartz's experience as a caregiver for his father and son highlighted the challenges of coordinating care, leading to the creation of a platform to centralize health-related information. The company's initial mission was to provide a secure and straightforward way for individuals to organize and share medical details with family members and trusted caregivers. CareZone developed a mobile application that served as a comprehensive tool for managing health. Its core functionality allowed users to create a journal to track symptoms, maintain a list of medications, and store important contacts and insurance information. A standout feature was its medication management system, which enabled users to scan prescription bottles or insurance cards to automatically import the data, set reminders for dosages, and keep a record of adherence. This service was designed to assist the tens of millions of people in the U.S. who act as caregivers for aging parents or chronically ill family members, a demographic often juggling multiple prescriptions and appointments. The business model evolved to include a pharmacy service, allowing users to have prescriptions delivered directly to their homes. This service, branded as CareZone Pharmacy, streamlined the process of refills and medication synchronization, packaging pills into daily labeled packets to improve adherence and reduce confusion for patients on complex regimens. This direct-to-consumer pharmacy operation became a key revenue driver. In a strategic move to bolster its health and wellness division, Walmart acquired certain assets of CareZone in 2020. The acquisition included the company's technology and intellectual property, with Walmart integrating the team and platform to enhance its own health service offerings. Following the acquisition, CareZone ceased its pharmacy and prescription delivery services, and the app's functionality was wound down as its technology was absorbed by Walmart. Keywords: medication management, health information, family caregiving, mobile health, pharmacy services, prescription delivery, patient data, care coordination, caregiver support, health technology
Company overview
CareZone company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2012
- Headquarters
- San Francisco, United States
- Employees
- 42
- Open positions
- None listed
- Dealroom signal
- 74.1
Valuation & funding
CareZone funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jun 2020 | $200M | $200M | Walmart | — |
| SERIES DOther financing | May 2018 | $50M | $200M | NEA | — |
| SERIES COther financing | May 2013 | $105M | $420M | Undisclosed | — |
| SERIES AOther financing | May 2012 | $13M | $52M | Catamount Ventures · Jonathan Schwartz · NEA | — |
Growth signals
CareZone website traffic
Latest recorded traffic for CareZone is 3K monthly website visits, up 66.7% over the last three months. CareZone's team declined 2.3% over the past year.
Comparisons
CareZone compared with similar companies
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Talent graph
CareZone's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where CareZone has talent and traffic
team presence
In the news
Latest news about CareZone
Recent press, funding announcements, and product moves mentioning CareZone — open to read from the original sources.
Market sentiment
What the market is saying about CareZone
An AI-synthesized read of the highest-engagement posts about CareZone on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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