Care To Translate
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | - | <1m | <1m | <1m | <1m | <1m |
% growth | - | - | 3656 % | 218 % | 45 % | 18 % |
EBITDA | (<1m) | (<1m) | (<1m) | (<1m) | - | - |
% EBITDA margin | - | (31162 %) | (1036 %) | (835 %) | - | - |
Profit | (<1m) | (<1m) | (<1m) | (<1m) | - | - |
% profit margin | - | (31840 %) | (1156 %) | (910 %) | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$32.0k | Convertible | ||
$410k | Series A | ||
N/A | Grant | ||
* | SEK6.0m | Angel | |
* | €2.5m | Early VC | |
Total Funding | $3.9m |
Recent News about Care To Translate
EditCare to Translate is a health tech startup that addresses the critical issue of language barriers in healthcare. The company offers a digital healthcare translator available 24/7 on smart devices and browsers, providing medical translations in 40 languages. This service is designed to facilitate communication between healthcare professionals and patients, ensuring more equitable healthcare delivery. The primary clients are healthcare providers and institutions that require accurate and timely translations to improve patient care. Operating in the global healthcare market, Care to Translate employs a subscription-based business model, generating revenue through subscription fees and additional project management costs for customized translation services. The company also offers pilot programs to help clients evaluate their translation needs and onboard employees effectively. By leveraging technology, Care to Translate aims to mitigate the shortage of interpreters and enhance the quality of care in multilingual settings.
Keywords: healthcare, translation, digital, multilingual, medical, smart devices, subscription, global, equitable, communication.