Strategic Acquisition Walmart's acquisition of CareZone's technology platform and patents indicates a strategic move to enhance its healthcare offerings, presenting opportunities to integrate or expand digital health solutions within Walmart's extensive retail and pharmacy network.
Growing Market Presence CareZone's recent integration into Walmart's portfolio, combined with its focus on medication management apps, positions it as a key player in the digital health market, offering avenues to scale and reach a broader customer base through retail and health service channels.
Technology Licensing The existing intellectual property and patents owned by CareZone provide opportunities for licensing or partnership deals with other healthcare providers or tech firms seeking to incorporate trusted medication management solutions.
Partnership Potential With notable competitors in the pharmacy and healthcare tech space, there is potential for collaboration with similar firms such as Alto Pharmacy or Capsule, to co-develop integrated health management platforms or expand service offerings.
Targeted Customer Segments CareZone’s focus on medication organization and health information management suggests sales opportunities with healthcare providers, insurance companies, and pharmacy chains aiming to improve patient engagement and medication adherence through digital tools.
$500M$1B
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$10B
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$500M$1B
$500M$1B
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$10M$25MCareZone uses 8 technology products and services including Google Conversion Tracking, Hoefler&Co, Google Fonts API, and more. Explore CareZone's tech stack below.
| CareZone Email Formats | Percentage |
| First@carezone.com | 52% |
| First.Last@carezone.com | 37% |
| FLast@carezone.com | 6% |
| FirstL@carezone.com | 5% |
Technology, Information and InternetUnited States51-200 Employees
[ CareZone was acquired by Walmart in 2020. ] CareZone makes it easy to manage multiple medications and organize health information from your smartphone. Co-founded by Jonathan Schwartz and Walter Smith, CareZone is based in San Francisco, with an additional office in Seattle.
Company Overview
Funding & FinancialsCareZone has raised a total of $50M of funding over 3 rounds. Their latest funding round was raised on May 23, 2018 in the amount of $50M.
CareZone's revenue is estimated to be in the range of $1M$10M
Funding & FinancialsCareZone has raised a total of $50M of funding over 3 rounds. Their latest funding round was raised on May 23, 2018 in the amount of $50M.
CareZone's revenue is estimated to be in the range of $1M$10M
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