Cariloop secures $20 million in Series C funding led by ABS Capital to expand caregiver support solutions

Apr 09, 2024•over 1 year ago

Amount Raised

$20 Million

Round Type

series c

DallasFamilyNon ProfitHealth Care

Investors

Patterson Thoma Family OfficeRevolution’s Rise Of The Rest Seed FundKc Rise FundNoro Moseley PartnersAbs Capital

Description

Cariloop, the leading comprehensive caregiver support platform, successfully closed its Series C funding round, raising $20 million led by ABS Capital with participation from existing investors Noro-Moseley Partners, KCRise Fund, Revolution’s Rise of the Rest Seed Fund, and Patterson Thoma Family Office. The investment will accelerate efforts to deliver innovative solutions to more employers and position the platform as a fundamental benefit to working caregivers.

Company Information

Company

Cariloop, Inc.

Location

4848 LEMMON AVE. #100-760

Dallas, Texas, United States

About

Cariloop helps families plan for and manage every aspect of their caregiving journey with its employer-sponsored Caregiver Support benefit, which pairs caregivers with an experienced Care Coach to guide families through care decisions, provide emotional support and take the burden of researching resources off their plate. The secure Care Portal is a centralized place where members can communicate with the Care Coach and collaborate with family members involved in the care team, all to help relieve the anxiety of balancing work with caring for loved ones.

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