Caregility just locked in $25.1 million through a combined Series A-2 Preferred Stock and Series C raise, with Star Mountain Capital once again leading the charge. Backing also came from Dr. York Wang, management, founders, and high-net-worth healthcare-focused investors. This round pushes total funding to $92 million since the company spun out of Yorktel in 2019, proof that a smart separation can turn a division into an industry standard.
Ronald J. Gaboury, Co-Founder, Chairman & CEO, and Michael Brandofino, Co-Founder, President and COO, built Caregility not as another telehealth app but as an enterprise platform baked into the core of hospital operations. Today the company supports 30,000 connected devices, conducts more than six million virtual sessions annually, and operates in 1,500 hospitals serving 75 health systems across the globe. From the United States to Australia, Caregility has become the connective tissue of bedside-to-cloud care delivery.
Hospitals with pedigree aren’t just testing this technology, they’re scaling it. Johns Hopkins Medicine is rolling out Caregility Cloud across four hospitals, including the flagship Johns Hopkins Hospital. Lee Health deployed over 700 devices across 11 Florida hospitals. Baptist Health grew from 1,000 telehealth sessions a quarter to more than 20,000. And Epic didn’t just integrate, they carved out an Inpatient Virtual Care category to highlight Caregility’s seamless fit. That kind of endorsement isn’t marketing, it’s infrastructure-level validation.
The platform works because the architecture respects how hospitals run. Caregility’s Connected Care system pushes AI to the edge for monitoring, fall detection, and contactless vital signs, rather than dumping data into the cloud. Clinicians get iConsult for secure access, iObserver for continuous monitoring, Caregility Connect for EMR integration, and new workflow tools like iCare Coordinator. Add enterprise-grade security, HIPAA, GDPR, CCPA compliance, ISO and SOC certifications, AES256 encryption, and you’ve got a platform purpose-built for scale and trust.
The leadership bench keeps deepening. Susan Kristiniak, DHA, MSN, RN, NEA-BC, AHN-BC, joined this year as Chief Nursing Officer, alongside Tod A. Nestor as CFO, Kedar Ganta as Chief Product & Engineering Officer, and Paul Oliver as CRO. With Dr. David Shulkin, former U.S. Secretary of Veterans Affairs, on the board, strategy meets execution at every level.
This fresh capital is already mapped out. Caregility is doubling down on AI, computer vision, ambient listening, and sensor-based solutions designed to cut clinician burden and elevate patient outcomes. Expansion into Japan, Australia, and the Middle East is moving forward with partners like Media Plus, Yahman, Modern3, Tamar, and Granteq. Three consecutive Best in KLAS awards prove the platform works. Now it’s about velocity.
What Ronald J. Gaboury and Michael Brandofino built isn’t a telehealth startup, it’s the operating system for the hospital of the future. And $25.1 million just added more bandwidth to scale it worldwide.
