Startups

This DreamIt Health company got acquired by RightCare Solutions

It was a technology acquisition, said RightCare CEO Eric Heil.

George Xian Zeng, Aircare founder. (Photo by Juliana Reyes)

Less than two years after graduating from DreamIt Health, Aircare got acquired by RightCare Solutions, a Horsham-based, venture-backed Penn spinout that aims to prevent hospital readmissions.
That happened earlier this year. More recently, RightCare launched a mobile app based on Aircare’s technology.
Terms of the deal were not disclosed, but RightCare CEO Eric Heil confirmed that it was a technology acquisition.
Aircare CEO and cofounder George Xian Zeng is now working as a product marketing manager at Facebook, where he interned before launching Aircare. He received two acquisition offers, according to his LinkedIn. Zeng did not respond to a request for comment.
Heil and Zeng both got their MBAs from Wharton.
Aircare was backed by the Dorm Room Fund and Zeng spent some time working out of First Round Capital’s University City office last spring.
RightCare has 23 full-time employees, most of whom are based in Horsham, according to a spokeswoman.

Companies: Aircare / RightCare Solutions
34% to our goal! $25,000

Before you go...

To keep our site paywall-free, we’re launching a campaign to raise $25,000 by the end of the year. We believe information about entrepreneurs and tech should be accessible to everyone and your support helps make that happen, because journalism costs money.

Can we count on you? Your contribution to the Technical.ly Journalism Fund is tax-deductible.

Donate Today
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

The looming TikTok ban doesn’t strike financial fear into the hearts of creators — it’s community they’re worried about

Influencers are news distributors now: Inside Technical.ly’s Creator in Residence Program

Unlocking the US healthcare market: What global startups need to know

These fulltime VR creators show Horizon Worlds isn't just for kids

Technically Media