Canadian Business unveils 2018 list of Canada’s Top New Growth Companies
Ranking reflects two-year revenue growth; follows recent announcement of Series B Funding, client growth in Canada and abroad, and continued innovation of its platform.
Toronto, September 13, 2018 – AlayaCare, the leading cloud-based software for home and community care providers, today secured the No. 18 spot on the 2018 Startup 50 ranking of Canada’s Top New Growth Companies as published by Canadian Business and Maclean’s.
AlayaCare made the 2018 Startup 50 list with two-year revenue growth of 1014%
“We believe that data and technology can meaningfully improve the quality of care provided to aging adults,” said Adrian Schauer, CEO, AlayaCare. “Our healthcare will continue to be strained by the silver tsunami and the only way that community care systems can sustain the increased demand is by applying technology that can help deliver care where and when the recipient dictates,” continued Schauer.
Founded in 2014 with customers in Canada and Dubai, AlayaCare has since expanded to the United States and Australia as its platform can support varying and complex service delivery models. AlayaCare helps create capacity within client organizations, and it can provide key business insights that clients can use to increase efficiencies and better deploy resources. The software suite includes scheduling, time reporting, clinical documentation, remote patient monitoring and mobile, billing, and web apps specifically for patients, family members, and care workers.
“We’re really just getting started,” continued Schauer. “We’re bringing digital processes, AI and machine learning capabilities to an industry that is still largely paper-based and we’re helping our clients focus on the delivery of care rather than administrative tasks. The opportunity to integrate predictive tools, remote patient monitoring and virtual care into the service mix has incredible potential for patients, our clients and our business.”
Serving as a companion list to the longstanding Growth 500 ranking of Canada’s Fastest-Growing Companies and produced by Canada’s premier business and current affairs media brands, the Startup 50 ranks younger companies on two-year revenue growth. Startup 50 winners are profiled in a special print issue of Canadian Business published with Maclean’s magazine and online at CanadianBusiness.com.
AlayaCare’s unique platform includes Back Office, Client and Family Portals, Remote Patient Monitoring, Telehealth, and Mobile Care Worker functionality in one integrated, highly robust and secure, cloud-based system. AlayaCare is providing the platform for Home and Community Care organizations to propel towards innovation and home care of the future. AlayaCare was founded in 2014. www.alayacare.com
About the Startup 50
Ranking Canada’s Top New Growth Companies by two-year revenue growth, the Startup 50 profiles the fastest-growing startups in the country. It is a companion list to the Growth 500 ranking of Canada’s Fastest-Growing Companies, which has, for 30years, been Canada’s most respectable and influential ranking of entrepreneurial achievement. Both the Startup 50 and Growth 500 are published in a special issue of Canadian Business published with Macleans’s magazine and at CanadianBusiness.com. For more information on the ranking visit Growth500.ca or CanadianBusiness.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.
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