Observed Signal · Oct 2, 2026 · M&A - Completed · Source: Tech.eu (European Tech & Deals) · Impact: 2/5 · Sentiment: Positive
Lottie acquires CareMaster to expand AI in care operations
London-based healthtech startup Lottie has acquired CareMaster, a 25-year-old care billing software provider, marking its second acquisition in the care software space. CareMaster serves nearly 75 care providers across over 750 UK care home locations. Lottie plans to integrate CareMaster's billing expertise into its AI-native Found platform, aiming to support £3 billion in annual invoicing by H1 2027. The acquisition follows Lottie's 2022 purchase of Found, which has since grown from fewer than 100 to nearly 2,500 care services. Lottie intends to leverage AI to reduce administrative burdens in billing, payments, and credit control, with future expansion into other areas of the customer journey and international markets.
The acquisition consolidates care operations software, indicating a trend toward AI-driven admin automation in the healthtech sector, relevant to MarTech applications in care provider marketing.
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Key Takeaways & Evidence Grounding
- Lottie acquires CareMaster, a 25-year-old care billing software provider.
- CareMaster serves nearly 75 care providers across over 750 UK care home locations.
- Lottie plans to support £3 billion in annual invoicing by H1 2027.
- Found platform grows from fewer than 100 to nearly 2,500 care services by end of 2026.
- Lottie acquired Found in 2022.
Ontology Mapping & Concepts
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