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Strategic Partnership for Business Growth
The key insight is about a strategic partnership between Carren Home and Best Buy that was initiated after Carren Home's series B funding round in April 2021. The partnership was driven by the mutual goal of making Carren Home accessible to a wider audience, leveraging Best Buy's expertise in logistics. By collaborating with Best Buy, Carren Home aimed to address the significant logistics challenge it faced and explore innovative ways to expand its reach in the healthcare space, distinguishing itself from competitors like CVS, Amazon, and Walgreens who were transitioning into healthcare providers.