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 […]
A behemoth of global business now has tied itself to home care. Google Capital on Wednesday announced it has invested $46.35 million in Waltham, Massachusetts-based Care.com, Inc. (Nasdaq: CRCM), the world’s largest online marketplace for finding and managing family care. Google Capital, a growth equity fund backed by technology conglomerate Alphabet (Nasdaq: GOOGL), invests in […]
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