Grandkids-on-demand startup Papa has raised $10 million in Series A funding, pushing the Miami-based company’s total funding raised above $13 million. The recent investment round was led by Silicon Valley-area venture capital firm Canaan, with money also coming in from Sound Ventures, Y Combinator and Pivotal Ventures, a firm created by Melinda Gates. Past big-name […]
Care.com
Recognizing the competitive value of home care providers, a growing number of employers in various industries have started offering caregiving benefits as a way to improve workers’ attendance, morale and performance. While programs vary, they often offer employees a set number of subsidized care days per year — preventing workers from taking time off when […]
Kindly Care—a startup that helps clients find, hire and manage at-home caregivers—has raised $5.4 million in a Series A round and is planning to expand to the East Coast for the first time. The company has also backed away, for the moment, from sharing workers with home care agencies through a platform dubbed Care Exchange. […]
Online caregiving marketplace Care.com (NYSE: CRCM) and Washington D.C.-based advocacy group AARP have thrown their weight behind a new initiative to meet the growing caregiver crisis. The initiative, dubbed The Care Institute, is a not-for-profit corporation meant to provide standardized training to caregivers. To do that, the organization will team up with different organizations, experts, public […]
By all accounts, Silicon Valley loved home care in 2016. In fact, prominent, Silicon Valley-based venture capital (VC) firms have invested more than $200 million altogether in home care companies this year, according to Forbes. Home care software provider ClearCare received the most funding overall, having secured $60 million in a round led by Battery Ventures […]
Care.com (NYSE: CRCM) has partnered with a benefits platform for independent workers in an attempt to make health care and other benefits more accessible to its registered caregivers across the United States. The alliance with San Francisco-based Stride Health Inc. is designed to enable independent caregivers to enroll in the health plan that best suits their needs—in as […]
The stresses on family caregivers are becoming more commonplace as the population ages, as are the mounting costs associated with care provided in home. But there may be some relief for those who are employed and are seeking elder care for a loved one, writes The Washington Post. The share of employers providing information about […]
In line with the holiday season, caregiver jobs are in high demand. The holiday spike for some caregiver segments is as high as double its typical levels. For senior care, demand jumped 100% between December 2012 and January 2013, according to data compiled by Care.com. The company anticipates this year’s surge in caregiving services will […]
Online care provider Care.com is broadening its reach, now adding back-up care services to its list of care resources. Through the acquisition of Brookline, Massachusetts-based Parents in a Pinch, announced Tuesday, the company is expanding its services for employers and individuals. Parents in a Pinch, which employs a team of 15, brings more than 60 […]
Home care and other senior care services connector Care.com announced on Tuesday the closing of $50 million in new funding that’s slated to assist the company’s efforts to acquire similar online care destination services and expand to new locations. Care.com plans to use the financing to continue investing in building its business, both through the […]
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