Homethrive, a provider of AI-enabled care navigation and recommendation platform to people who are caring for older family members or loved ones with disabilities, raised $20 million in its latest equity funding round.
Telus Global Ventures and 7wire Ventures co-led the latest equity funding round.
Homethrive works with employers, health plans, and individuals to offer care navigation support, and resources to individuals caring for family members or loved ones with disabilities.
Commenting on the funding announcement, David Greenberg, co-founder and Co-CEO of Homethrive, said, “We know caregiving doesn’t just happen from 9 to 5. That’s why we’ve invested heavily in enhancing our digital platform, which now provides AI-powered care navigation and guidance, while offering a seamless end-to-end offering, giving caregivers the support they need anytime, anywhere.”
With fresh funds, Homethrive plans to further expand its end-to-end AI-driven care navigation and recommendation solutions.
Including the latest funding round, Homethrive has raised approximately $80 million in funding to date. In 2022, Homethrive secured $20 million in Series B funding from Human Capital, Allianz, 7wireVentures, and Pitango HealthTech to expand its partnerships with self-insured employers and insurance plans.
Earlier, in 2020, Homethrive raised $18 million in Series A funding, led by 7wireVentures and Pitango HealthTech, to accelerate its expansion and develop its caregiver support system.
For more information, click here to read the official press release…