Lottie acquires CareMaster
Acquisition Provisional 93% confidence first seen
Tech company Lottie acquired CareMaster, a UK care billing software provider, to deepen its use of AI in social care operations. The deal adds nearly 75 care providers representing more than 750 care home locations, and Lottie expects Found plus CareMaster to support about £3 billion in annual invoicing by the first half of 2027. Lottie plans to migrate CareMaster customers onto its Found platform and use AI starting with credit control to reduce manual administration across billing and the broader care customer journey.
The deal
CareMaster Undisclosed Acquisition · announced 2 Oct 2026
Investors Lottie
Deal terms as reported in the coverage below.
Decision brief
- What changed
- Lottie acquired UK care billing software provider CareMaster. The deal adds nearly 75 care providers spanning more than 750 care home locations, and Lottie said it plans to migrate CareMaster customers onto its Found platform while expanding AI use in care operations, starting with credit control.
- Why it matters
- For leaders in care software and operations, this combines customer base expansion with workflow consolidation around billing, invoicing, and collections. If Lottie executes the migration as stated, it could strengthen its position in back-office care operations and reduce manual administrative work in revenue-cycle processes, which matters for operators evaluating platform standardization and AI-enabled efficiency tools.
- Evidence
- The provided coverage comes from Tech.eu, which reports that Lottie acquired CareMaster, specified the added provider and site counts, and described Lottie's stated plans for customer migration, AI use, and a target of supporting £3 billion in annual invoicing by the first half of 2027. Only one article is provided, so the reporting is not independently corroborated here.
- What remains uncertain
- Open questions include the acquisition price, integration timeline, customer retention during migration, and whether the projected £3 billion annual invoicing target will be achieved. It is also not yet verified how much operational benefit the planned AI use in credit control will deliver in practice, beyond Lottie's stated intent to reduce manual administration.
- Monitor next
- Watch for Lottie to disclose migration milestones for CareMaster customers onto Found and any reported adoption or efficiency results from the initial AI deployment in credit control.
Analytical support, not advice — assumptions and open questions stated above.