Papa Secures $18 Million in Series B Funding Led by Comcast Ventures to Combat the Loneliness Epidemic Intensified by COVID-19
Sep 22, 2020•about 5 years ago
Amount Raised
$18 Million
Round Type
series b
Description
Papa, a nationwide provider that pairs older adults and families with Papa Pals for companionship and assistance with everyday tasks, today announced it has raised an additional $18 million for its Series B round led by Comcast Ventures. Additional investors in this round include Canaan, Initialized Capital, Sound Ventures, Pivotal Ventures with Magnify Ventures, Behance Founder, CPO of Adobe; Scott Belsky, the founders of Flatiron Health and their group Operator Partners, and other high-profile investors. This brings the company’s total funding raised to $31 million to date.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech