Cleo Acquires Caretribe To Support All Working Families, Adding Expert Support For All Caregivers Including Adult Care And Special Needs
Cleo Acquires Caretribe To Support All Working Families, Adding Expert Support For All Caregivers Including Adult Care And Special Needs
05/05/22, 3:07 PM
Location
rockford
Industry
science and engineering
Cleo, the most comprehensive global family support network, has acquired CareTribe, a Palo Alto-based company that provides expert guidance and tools to support family caregivers, and uses advanced analytics to help them develop personalized action plans to improve outcomes across career, health and wellness for both working caregivers and the loved ones they are caring for. With this acquisition, Cleo enters the $279B adult care market and broadens its reach to provide end-to-end support for working families and caregivers.
Company Info
Location
Rockford, Illinois, United States
Company info
Cleo, founded in 2016 by a clinician, has evolved to become the most comprehensive B2B global support network for caregivers, providing end-to-end trustworthy, inclusive support through all stages and phases of life. Cleo is now the leading global family benefits platform trusted by 130+ forward-thinking employers to support families, control costs and attrition, and build inclusive cultures. Cleo families are happier, healthier, and more engaged as they balance their roles at home and at work. Cleo customers experience less attrition rates - Cleo members are 30% less likely to be planning to leave their job than non-Cleo working parents. Cleo is creating a more equitable work world where everyone wins: employees are more supported and therefore more successful at work and home, and employers see their bottom line improved through higher retention, improved health outcomes, and a culture of inclusivity that stands the test of time. Cleo believes in challenging the care status quo, and in doing so envisions a world where caregiver support is more democratized, and all caregivers feel as nurtured and supported as they deserve to be.