Avanlee Care Raises $3.5M, Taking Total Funding to $6M

By Amara Osei

Avanlee Care has raised $3.5 million in new funding, bringing total capital raised to $6 million, the Montana-founded healthcare technology company said in its announcement. The financing will support expansion of technology-enabled caregiving services and stronger partnerships with health insurance plans, healthcare providers and pharmacies.

What problem is Avanlee Care addressing?

Avanlee Christine and Chris Monson founded Avanlee Care to address the difficulties families face when coordinating care for loved ones. The company launched during the COVID-19 pandemic and has spent several years refining its approach through feedback from families using its services.

Avanlee Care says family caregivers manage medications, schedule medical appointments, coordinate healthcare services and oversee the daily activities of relatives requiring assistance. Those duties often require navigation across multiple healthcare organizations, prescription services and administrative systems, according to the company.

Which services sit inside the platform?

Avanlee Care built its platform around the needs of family caregivers and designed it to connect them with resources and healthcare services. Its two named integrations extend that role into everyday household and prescription needs:

• Walmart, for grocery shopping and household essentials.
• Mark Cuban Cost Plus Drug Company, to help families access lower-cost prescription medications.

Avanlee Care says those partnerships move the platform beyond care coordination into practical services that may reduce caregiving time and expenses. The company developed the product around family feedback and continued refining it over several years after its pandemic launch.

Why are health plans central to the expansion?

Avanlee Care is now expanding its relationships with health plans, healthcare providers and pharmacies. The company aims to help those organizations engage family caregivers more effectively, with a focus on addressing gaps in care, supporting medication adherence and improving patient outcomes.

Family caregivers often play central roles in healthcare decisions and day-to-day support, Avanlee Care said. Yet their involvement may not fit fully into traditional healthcare workflows, according to the company.

Avanlee Care says it builds its tools around those responsibilities to improve communication and coordination among caregivers and healthcare organizations. That focus links the platform’s practical features with the engagement gaps the company wants health plans, providers and pharmacies to address.

Where is Avanlee Care expanding?

Avanlee Care will maintain operational roots in Montana while expanding its business development presence in New York, the company said. Eric Scott leads the New York growth team and brings more than 16 years of experience working with Medicare Advantage health plans.

The expansion is intended to strengthen relationships with health insurers and other organizations seeking to improve engagement with caregiving families. That work will center on health insurers and other organizations seeking stronger caregiver engagement, according to the company.

Who backed the $3.5 million financing?

Investors participating in the latest financing included representatives associated with BEA Venture Fund and Fairbridge VC, according to Avanlee Care. The announcement identified these new supporters:

• Melissa B., Evelysse Vargas and Maeva Kazandjian at BEA Venture Fund.
• David Tswamuno at Fairbridge VC.

Avanlee Care also listed these existing supporters:

• David Jones, Esther Dyson and Chris Steel.
• Joseph Schneier, Susan Solinsky and Liz Hogan.
• StartUp Health.

What does the $6 million fund next?

With total funding at $6 million, Avanlee Care plans to continue developing its technology platform and expanding partnerships across the healthcare ecosystem. The investment supports a strategy of connecting family caregivers with healthcare services, practical resources and tools intended to improve care coordination.

The company’s stated priorities are better family engagement, medication adherence and patient outcomes. With $6 million in total capital, Avanlee Care plans to develop its platform further and broaden partnerships from New York while keeping its operational base in Montana.

The commercial test is whether health plans, providers and pharmacies adopt those caregiver tools at scale. Their adoption would extend a family-centered platform across the healthcare ecosystem, the direction the company says it is pursuing.