What is CareLinx?
Founded in 2011 and headquartered in Burlingame, California, CareLinx operates as a nationwide online marketplace connecting families with professional caregivers. The platform facilitates the process of finding, hiring, managing, and paying caregivers, addressing a critical need in the elder care and home assistance sector. The company's model aims to streamline the often complex and time-consuming process of in-home care arrangements.
How much funding has CareLinx raised?
CareLinx has raised a total of $7.7M across 3 funding rounds:
Unspecified
$1.5M
Series A
$5.2M
Private Equity
$1M
Unspecified (2012): $1.5M, investors not publicly disclosed
Series A (2013): $5.2M, investors not publicly disclosed
Private Equity (2015): $1M supported by Ziegler Linku00b7age Longevity Fund
Key Investors in CareLinx
Ziegler Linku00b7age Longevity Fund
Ziegler Linkage Longevity Fund is an investor focused on the senior living sector, with a portfolio that includes numerous senior living communities across the United States. Their involvement indicates a strategic interest in the long-term care and aging-in-place market.
What's next for CareLinx?
The recent major strategic investment suggests CareLinx is poised for significant expansion and potentially new service development. This capital infusion will likely be directed towards enhancing its technology infrastructure, broadening its caregiver network, and increasing its market reach across the United States. The company's focus on a growing demographic requiring in-home care positions it for continued growth and innovation in the digital health and home care industries.
See full CareLinx company page
