EduLab Capital Partners Announces Investment in eCare Vault
Investment in Care Team Collaboration Platform Marks the First for New Venture Capital Firm
BOSTON — February 5, 2019— EduLab Capital Partners, a seed-stage venture capital firm, today announced an investment in eCare Vault to grow its privacy-compliant and seamless care team collaboration platform. Boston-based eCare Vault is the first investment for EduLab Capital Partners, which was launched in late 2018 with an exclusive focus on the education market. EduLab Capital Partners’ domain-specific expertise, global partnerships and distribution networks will help companies like eCare Vault to accelerate their product impact in the market.
eCare Vault provides a privacy-compliant document management, care team collaboration, and service tracking platform for Special Education and Healthcare. By building a care team around every student and enabling seamless information exchange in a privacy-compliant manner, eCare Vault drives operational efficiencies, transparency, and accountability in special education. The platform optimizes student learning and health outcomes, while reducing the risk of litigation and enhancing Medicaid revenues for school districts.
“eCare Vault is at a very compelling intersection of the traditional education and healthcare markets,” said Liam Pisano, Managing Partner at EduLab Capital Partners. “We believe they are positioned to cut across these two growing markets with a product that aligns educators and caregivers on the best outcomes for each student. We’re thrilled to contribute to the eCare Vault story and help support a solution to a significant market need.”
As the only seed-stage venture capital firm exclusively focused on the education market, EduLab Capital Partners leverages deep education industry experience to help its portfolio companies quickly establish broad distribution, integration and implementation.
“Our team understands the challenges of simultaneously running an early-stage company while rapidly scaling the operations,” Pisano continued. “We surround our portfolio companies with the functional expertise, industry experience and partnership networks that enable them to scale faster and extend their reach in the market father.”
EduLab Capital Partners chose to locate its new U.S. headquarters in Boston, one of the major hubs of the educational technology industry. The company plans an active role in the Boston startup community, partnering with universities, entrepreneurs and local visionaries, and connecting them with EduLab Capital Partners’ global network of innovators.
“We are thrilled to be part of the Edulab Capital Partners family,” said Dr. Aparna Rao, founder and CEO of eCare Vault. “Their extensive network has already begun opening a gateway of opportunities for eCare Vault. The expertise of their team will be tremendously valuable as we build eCare Vault 2.0, leveraging the power of Artificial Intelligence for administration dashboards to inform resource planning and analytics around Special Education services.”
About eCare Vault
Boston-based eCare Vault was founded by Aparna Rao, a Harvard-trained neuropsychologist, who channeled her passion for helping those in need of support and services to develop a way to ensure that each individual receives the right care, at the right time, by the right person. eCare Vault is a care team collaboration platform that securely connects care team members, enables seamless document exchange and fosters care team discussions, so that services are provided effectively, efficiently and in an integrated manner. The HIPAA and FERPA-compliant platform adheres to the highest standards of privacy and security. It allows special education coordinators and nursing staff to create a virtual student care team comprised of school specialists, parents/guardians, and external service providers in the community. eCare Vault’s mission is to unlock the student’s full potential while maintaining privacy, reducing staff burn-out, and proactively engaging parents/guardians. To learn more, visit eCareVault.com.
About EduLab Capital Partners
EduLab Capital Partners is a seed-stage venture capital firm focused exclusively on the education market, investing in business models that transcend the traditional education landscape. The Company’s Boston- and Tokyo-based team provides foundational support to entrepreneurs to help expand their customer base, make key early-stage hires, and raise additional capital for profitable and sustainable growth. EduLab’s education market savvy and artificial intelligence expertise provide unique leverage points for its investments, while the Company’s network of global partnerships and distribution channels provide its portfolio companies with the depth and reach to quickly accelerate product integration and impact. For more information, visit www.edulabcapital.com
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