Caregiving startup Homage raises $10 million Series B to enter new Asian markets

Caregiving startup Homage raises $10 million Series B to enter new Asian markets

4 years ago
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https://techcrunch.com/2020/01/17/caregiving-startup-homage-raises-10-million-series-b-to-enter-new-asian-markets/

In many countries, an aging population coupled with a low birth rate is increasing the demand for qualified caregivers. In Asia, the need is especially urgent because rapid demographic shifts and changing social structures means family members who traditionally cared for relatives are unable to because they need to work or live far away. Homage wants to help with a platform that not only matches pre-screened professionals and clients, but also enables caregiving organizations to scale up more quickly.

The startup announced this week that it has raised Series B funding, led by EV Growth, with new investors Alternate Ventures and KDV Capital. Returning investor HealthXCapital also participated. The amount of funding was undisclosed, but sources tell TechCrunch it was $10 million.

Caregiving startup Homage raises $10 million Series B to enter new Asian markets

Jan 17, 2020, 1:25pm UTC
https://techcrunch.com/2020/01/17/caregiving-startup-homage-raises-10-million-series-b-to-enter-new-asian-markets/ > In many countries, an aging population coupled with a low birth rate is increasing the demand for qualified caregivers. In Asia, the need is especially urgent because rapid demographic shifts and changing social structures means family members who traditionally cared for relatives are unable to because they need to work or live far away. Homage wants to help with a platform that not only matches pre-screened professionals and clients, but also enables caregiving organizations to scale up more quickly. > The startup announced this week that it has raised Series B funding, led by EV Growth, with new investors Alternate Ventures and KDV Capital. Returning investor HealthXCapital also participated. The amount of funding was undisclosed, but sources tell TechCrunch it was $10 million.