The home care space has recently seen a number of startups take risks and bet on the role of digital solutions in improving seniors’ quality of life and independence at home. But digital solutions need to be designed and rolled out effectively by stakeholders working together to realize their full potential, according to a recent report from HealthXL, […]
CareLinx
CareLinx, a tech-enabled caregiver marketplace with more than 200,000 caregivers on its platform, has been acquired by Generali Global Assistance, a provider of assistance services that is part of the Generali Group. The terms of the deal and acquisition price were not disclosed. CareLinx, which already has a large scale as a digital marketplace for […]
Honor—part of a wave of tech-forward home care startups to raise large sums of capital in recent years—now is partnering with assisted living and other senior housing companies, and sees this is a potential way of entering new markets. After starting in San Francisco and raising a cool $20 million in Series A funding in […]
A great opportunity exists to fill the deficit of home health care aides with the millions of American men out of work. The problem? Potential male hires, along with women and clients, are uncomfortable with men filling these traditionally feminine roles, according to a report from the New York Times. Though as many as 20 million men had […]
An online marketplace connecting home care clients and caregivers now has partnered with a popular ride hailing company. CareLinx, based in Bruno, California, will now offer ride hailing services on its mobile app. The rides will be provided by San Francisco-based Lyft to help older adults easily order a ride, according to a press release. Family […]
Seniorlink Receives $7.5M from NewSpring The health care funding company, NewSpring Health Capital, from the family of private equity funds, NewSpring Capital, has invested $7.5 million in Seniorlink, Inc., a creator in solutions for caregivers across the country. Seniorlink, founded in 2000, plans to use the funds to continue developing its coaching and collaboration platform, Vela. […]
TrueCare24, a startup offering house calls and telehealth services, now is accepting Medicare and has launched a subscription service. “While other services have catered to demographics with disposable income, TrueCare24’s vision is to make care accessible and convenient care for all,” CEO Leonid Popov stated in a press release Tuesday. As alluded to in the […]
By transitioning out of stealth mode and announcing an expansion to nine new markets, New York-based Hometeam has become the latest home care startup to make waves as an increasing number of companies vie to transform the industry. Among its new markets will be San Francisco and Los Angeles, meaning that Hometeam will go from concentrating on […]
As both home health care and senior living providers collaborate to serve a similar patient population, some companies are leveraging technology to assist with referrals. Home care and senior living providers have long worked together to better serve seniors and their families, increase market share, and gain a competitive advantage over competing providers. While some […]
In the latest sign that capital is flowing to innovative home care companies, CareLinx Inc. has secured two new investors to bring its total raise to $5 million, the California-based business announced this week. Founded in 2011, CareLinx manages an online marketplace through which people who need home care can connect with caregivers. It recently passed the […]