Nashville-based home- and community-based services venture CareBridge has raised $140 million to continue expanding its services nationally. The company is now valued at over $1 billion, according to a press release. 

The funding was led by Connecticut investment firm Oak HC/FT, which also led the company’s initial funding. Four of the nation’s five largest managed care Medicaid plans have also invested, according to the release. 

Brad Smith

Brad Smith