Karoo Health
Karoo Health is a value-based cardiovascular care enablement company that partners with cardiology networks, health systems, and health plans — including Humana for Medicare Advantage members — to deploy a hybrid care model combining dedicated on-site/virtual care teams with proprietary digital platform technology across nine U.S. states.
- Company typePrivate
- Founded2021
- HeadquartersAlbuquerque, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Karoo Health does
Karoo Health is a privately held, venture-backed value-based care enablement company focused exclusively on cardiology. Founded in 2021 and headquartered in Albuquerque, New Mexico, the company targets cardiology networks, health systems, and health plans — helping them transition from fee-for-service to value-based care arrangements for cardiovascular patients. Its core offering, the Karoo Complete Hybrid Care Model, integrates three components: the Karoo Care Team (dedicated on-site and virtual staff including engagement specialists and registered nurses), Karoo Technology (a proprietary digital platform providing a 360-degree patient health view, clinical data exchange, and actionable insights for VBC success), and KarooKoach (a patient-facing communication and engagement tool). The model is designed to wrap around cardiologists' care plans with longitudinal support, SDoH and lifestyle services, and payer integration aimed at reducing avoidable ER visits, readmissions, and total cost of care.
Karoo's business model centers on managed-services-style partnerships with cardiology networks, health systems, and health plans, including a flagship value-based cardiology partnership with Humana covering Medicare Advantage members across Arizona, Texas, Florida, Georgia, and Louisiana, alongside provider-side partners US Heart and Vascular and Chamber Cardio. Go-to-market combines enterprise field sales targeting independent cardiology practices and hospital systems with channel-partner motions through large payors. The company is expanding from an initial Southwest U.S. deployment of up to 100 providers into nine states with over 20,000 at-risk lives beginning Q1 2026, supported by a stated workforce plan to scale to roughly 200 employees over four to five years.
Financially, Karoo remains an early-stage company. It has raised approximately $4.4 million across two seed rounds — a $1 million round in April 2022 and a $3.4 million oversubscribed round in June 2023 led by First Trust Capital Partners, with participation from BIP Ventures, FirstMile Ventures, Go Global, and Inflect Health. Current headcount sits in the 11-50 range, revenue is undisclosed, and the company is positioning against a cardiovascular disease cost burden of $627 billion annually (projected to reach $1.8 trillion by 2050). The leadership team is co-founded by Ian Koons (CEO) and Ben Selzer (CFO), with recent additions including Dr. Aneesh Pakala (CMO), Daniel Litvak (CTO), Pia Shivdasani (COO), and Rick Christiansen (VP, Network Development).
Karoo Health firmographics
Firmographics- Name
- Karoo Health
- Legal name
- Karoo Health Inc
- Website
- https://karoohealth.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Karoo Health is a value-based cardiovascular care enablement company that partners with cardiology networks, health systems, and health plans — including Humana for Medicare Advantage members — to deploy a hybrid care model combining dedicated on-site/virtual care teams with proprietary digital platform technology across nine U.S. states.
- Ownership category
- akta.pro rank
Karoo Health industry classification
Industry- Product category
- Value-Based Cardiac Care
- NAICS
- Home Health Care Services (62161), Custom Computer Programming Services (541511)
- SIC
- Services-Prepackaged Software (7372), Services-Home Health Care Services (8082)
- akta.pro primary industry
- Cardiometabolic RPM & Chronic Disease Management (diabetes, hypertension, CHF, obesity) (HLALAFAA)
- akta.pro secondary industries
- Home Health Remote Patient Monitoring & Virtual Nursing Providers (HLAFAEAN), Post-Acute & Transitional Care Virtual Platforms (SNF/home health coordination) (HLALABAG)
Keywords
Where Karoo Health is headquartered
LocationHeadquarters
- HQ city
- Albuquerque
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Karoo Health business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Value-Based Care Enablement: Karoo enables cardiology networks, health systems, and health plans to transition to and succeed in value-based care arrangements. Revenue generated through partnerships with health plans and provider networks where Karoo's care model is deployed.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Karoo Health product offering
Product offeringCore offering
Karoo Health delivers the Karoo Complete Hybrid Care Model, a managed-services offering that combines dedicated on-site and virtual care teams (engagement specialists and RNs) with a proprietary digital platform to enable cardiology networks, health systems, and health plans to transition to and succeed in value-based cardiac care. The model provides 360-degree patient health views, patient communication and clinical data exchange, actionable VBC insights, and KarooKoach patient messaging, all designed to improve cardiac outcomes and lower cost of care.
Product overview
Karoo Health offers a single unified product, the Karoo Complete Hybrid Care Model, which is a comprehensive cardiology value-based care enablement platform. The model integrates three core components: Karoo Care Team (dedicated on-site and virtual care teams including engagement specialists and registered nurses), Karoo Technology (proprietary digital platform with 360-degree patient health views, patient communication, and clinical data exchange), and KarooKoach (patient-facing engagement messaging tool). These components work together to support cardiology networks, health systems, and health plans transitioning to value-based care, with features including SDoH and lifestyle support, payer integration, and actionable insights for improving cardiac outcomes and lowering costs.
Differentiator
Problem solved
Functional benefit
Products and services
- Karoo Complete Hybrid Care Model
Quantifiable outcome
- Avoided costly ER visits and hospital readmissions through early identification of exacerbation signs
- +1 more outcomes
Companies that use Karoo Health
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Karoo Health technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Karoo Health partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and flagship.
- EmpassioncoreEmpassion and Karoo Health partnered to provide support for patients with heart disease who are approaching end-of-life. The partnership aims to improve patient care through collaborative efforts addressing the full spectrum of cardiac care needs.
- HumanaflagshipHumana announced new value-based cardiology care partnerships including Karoo Health for Medicare Advantage members, providing enhanced services including 24/7 care hotlines, remote monitoring tools, and integrated care team support across multiple U.S. states including Arizona, Texas, Florida, Georgia, and Louisiana.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Karoo Health competitors and assessment
Company assessmentDirect peers
- Wellvana Health: Value-based care enablement company partnering with primary care providers and specialists on risk-bearing contracts, including cardiology. Shares Karoo's hybrid model of technology plus dedicated care teams serving MA populations.
- CardioOne: Cardiology-focused value-based care enablement platform partnering with independent cardiology practices to deploy hybrid care models, technology, and operational support — directly comparable to Karoo's cardiology-only VBC approach.
- agilon health: Public value-based care company partnering with primary care physicians and increasingly expanding into specialty care, including cardiology. Operates risk-bearing contracts with MA plans similar to Karoo's payor-aligned model.
- Vytalize Health: Value-based care enablement platform focused on senior care, partnering with primary care providers and expanding into specialty. Operates risk-bearing contracts with MA plans, directly comparable to Karoo's at-risk-lives approach.
- Pearl Health: Value-based care enablement platform focused on primary care providers operating under MA risk arrangements. Comparable technology-plus-care-team delivery model to Karoo, although currently oriented to primary care rather than cardiology.
- Heartbeat Health: Virtual cardiology care provider combining telehealth, RPM, and care management to improve outcomes and reduce costs. Directly comparable to Karoo's cardiology-specialized, hybrid on-site and virtual model.
- Cardiovascular Associates of America (CVAUSA): Cardiology practice management and MSO platform consolidating independent cardiology practices with shared technology, operations, and payor contracting support — a comparator for Karoo's cardiology-network enablement approach.
Broad incumbents
- Evolent Health: Public specialty care value-based care platform with a strong cardiology services line (including Evolent Care Partners). Offers broader scale, deeper payor relationships, and established cardiology VBC infrastructure compared with Karoo.
- Aledade: Large value-based care network for independent primary care physicians operating ACO REACH and MA contracts. Comparable to Karoo in deploying technology, care teams, and risk-bearing arrangements with payors, but at much greater scale.
- Astrana Health: Value-based care platform providing technology, care management, and risk-bearing arrangements for physician networks, with growing specialty exposure. Comparable at the platform level to Karoo's provider-plus-payor VBC enablement model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Karoo Health social profiles
Digital presenceKaroo Health financial estimates
Financial estimateRevenue estimate
Valuation estimate
Karoo Health leadership team
Management profileNumber of profiles
Profiles6 records
Karoo Health funding detail
Funding detailFunding overview
Funding rounds3 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Karoo Health M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Karoo Health
What does Karoo Health do?
Karoo Health delivers the Karoo Complete Hybrid Care Model, a managed-services offering that combines dedicated on-site and virtual care teams (engagement specialists and RNs) with a proprietary digital platform to enable cardiology networks, health systems, and health plans to transition to and succeed in value-based cardiac care. The model provides 360-degree patient health views, patient communication and clinical data exchange, actionable VBC insights, and KarooKoach patient messaging, all designed to improve cardiac outcomes and lower cost of care.
Is Karoo Health a public or private company?
Karoo Health is a private company. It is classified as venture growth investor backed and is currently operating.
When was Karoo Health founded?
Karoo Health was founded in 2021. It employs 11 to 50 people.
Where is Karoo Health based?
Karoo Health is headquartered in Albuquerque, United States, in the North America region.
How does Karoo Health make money?
One revenue line is on record: value-Based Care Enablement.
Who are Karoo Health's main competitors?
Direct peers on record are Wellvana Health, CardioOne, agilon health, Vytalize Health, Pearl Health, Heartbeat Health and Cardiovascular Associates of America (CVAUSA). Broad incumbents are Evolent Health, Aledade and Astrana Health.
Does Karoo Health have an API?
No public API is recorded for Karoo Health.
What industry is Karoo Health in?
Karoo Health's product category is Value-Based Cardiac Care. Its primary akta.pro industry code is HLALAFAA, Cardiometabolic RPM & Chronic Disease Management (diabetes, hypertension, CHF, obesity), with a secondary code of HLAFAEAN, Home Health Remote Patient Monitoring & Virtual Nursing Providers. Its NAICS code is 62161 and its SIC code is 7372.