It was almost a year ago when Dan Trigub co-founded his company, MedArrive, with support from Redesign Health, Kleiner Perkins and Define Ventures. The San Francisco-based in-home care startup has grown fairly rapidly since then, landing key partnerships with organizations like Clover Health (Nasdaq: CLOV) and a strategic investment from The SCAN Group. MedArrive’s latest […]
Papa, the company that provides in-home companionship services for older adults and their families, has reached unicorn status. The Miami-based aging services startup announced a $150 million Series D round on Thursday, bringing its total funding to $240 million since its 2017 founding. Led by founder and CEO Andrew Parker, Papa now has a valuation […]
ShiftMed – a mobile platform that acts as a liaison between health care providers and workers – announced Wednesday that it has raised $45 million in funding. The McLean, Virginia-based company has experienced explosive growth of late. While it began 2021 in just 10 markets across the country, it will finish the year in 56. […]
Entrepreneurs Max Cohen and Cameron Behar have spent the bulk of their careers at forward-thinking companies like Google and Oculus. They’re now using that shared experience on the forefront of change to launch Sprinter Health, an on-demand mobile health startup that sends full-time nurses and phlebotomists into the home for lab draws, vital checks, COVID-19 […]
Honor is back in the spotlight in a big way, just two months after it announced its industry-shaping acquisition of Home Instead. The San Francisco-based company announced Tuesday it has raised $70 million in Series E funding, in addition to securing $300 million in debt financing. Honor has earmarked the funds to further invest in […]
Kris Engskov — an official in the Bill Clinton White House, a long-time executive with Starbucks and most recently president of senior living provider Aegis Living — is set to lead a new company in the home health care space. “COVID taught us how much can be done from home,” Engskov told Home Health Care […]
Health care investors have pumped hundreds of millions of dollars into the post-acute and senior care spaces over the past several months. The latest example is Element5, which closed a $15 million Series A round on Tuesday. Founded in late 2019, not long before the initial COVID-19 surge, Element5 helps home health agencies and other […]
Honor captured most of the headlines last week when the San Francisco-based company announced it had acquired Home Instead Inc., the international home care franchiser founded by Paul and Lori Hogan more than 25 years ago. Even as somebody who follows both Honor and the home care franchising world closely, this deal caught me off […]
The technology-enabled home care startup Honor has acquired one of the largest providers of personal home care in the country — Home Instead — in an effort to become the “default” provider of services for seniors in the U.S. The acquisition became effective Friday and financial terms of the deal were not disclosed. Together, the […]
As the U.S. population has grown older, more and more senior care startups have launched, with most targeting the aging-in-place space. In the past five years, in fact, venture capital firms have invested more than $2.5 billion into a seemingly never-ending list of elder care and home health startups, according to a recent Crunchbase report. […]
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