Carallel, which offers digital health and support tools for family caregivers, scooped up $8.2 million in Series A funding.
The round was led by FCA Venture Partners, with participation from investors including 450 Ventures, Create Health Ventures, Gratitude Railroad, Loud Capital and Wanxiang Healthcare Investments.
WHAT THEY DO
Carallel provides support for people caring for aging family...
Caring for a sick or elderly family member presents many challenges, and financial strains is high up on the list. On average, family caregivers spend 20 percent of their income per year in out-of-pocket expenses, according to a new survey by AARP.
In a survey of 1,864 caregivers (using GfK’s national, probability-based online survey) AARP found more than 75 percent are racking up out-of-pocket...
GreatCall's app Link
A number of companies and organizations focused on helping caregivers have formed a group, called the Caregiver Council, to raise awareness about family caregiver support tools, identify problems that family caregivers face, and create new tools that solve these issues. The council was coordinated by Great Call.
Members of this council include UCSD Center for Healthy Aging...
