Revolutionary Senior Care Platform Homecare Hub Sets Sights On Expansion, Secures Strategic Seed Funding From Inception Health, Ballad Ventures, Cabhi, Blue Lion Global, Aarp

Sep 26, 2023•almost 2 years ago

Round Type

seed

TorontoHospitalityHealth Care

Investors

Fhs CapitalBlue Lion GlobalAarpBallad Health's Venture Arm Ballad VenturesInception HealthFroedtert Health's Venture Arm

Description

Homecare Hub, a company creating innovative home care and housing solutions through an on-demand, tech-enabled, small care home platform, took another key step towards its promise to provide affordable, high-quality alternatives to large institutional nursing homes. Today, they announced the close of their strategic seed round with funding from Froedtert Health's venture arm Inception Health, Ballad Health's venture arm Ballad Ventures, Baycrest's innovation arm the Center for Aging + Brain Health Innovation (CABHI), AARP, Blue Lion Global, FHS Capital, and a variety of prominent angel investors. The oversubscribed $2.5 Million USD round exceeded initial targets, and additional milestone-based funding was also secured.

Company Information

Company

Homecare Hub

Location

Toronto, Ontario, Canada

About

Homecare Hub helps people with caregiving needs such as those with dementia, disability, injury, fall risk, or chronic illness to stay out of large institutional nursing facilities by providing a superior experience in a safe, personalized, affordable, small shared care and co-living environment. Search our network of small care homes of 2-12 people, or customize and allow us to create your own care home on-demand. Those with caregiving needs can host a shared care home in their own homes to save even further. Our Airbnb like solution for Senior Housing & Care are the best alternatives to nursing homes, allowing people to age with dignity in their community. Learn more at www.homecarehub.com. If seeking care or housing call 1-888-227-3080 or reach to us at info@homecarehub.com

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