Cariloop is a technology company.
Cariloop provides caregiving solutions designed to support employees managing caregiving responsibilities, helping them find clarity and direction when challenges arise.
Cariloop has raised $41.0M across 3 funding rounds.
Cariloop has raised $41.0M in total across 3 funding rounds.
Cariloop has raised $41.0M in total across 3 funding rounds.
Cariloop's investors include Ingeborg Investments, KCRise Fund, Cleveland Avenue, LOUD Capital, Revolution, Sixty8 Capital.
Cariloop is a technology company offering a Caregiver Support Platform that combines dedicated Care Coaches—licensed healthcare professionals—with digital tools to help working caregivers manage family care needs, from childcare to eldercare.[1][3][5][6] It serves employees and families through employer benefits programs, addressing the stress, time demands, and coordination challenges faced by over 50 million U.S. caregivers by saving an average of 100 hours per family on research and navigation while boosting workplace productivity.[3][6] As a certified B Corp and Public Benefit Corporation since 2022, Cariloop reinvests in communities and supports nearly 2 million employees worldwide, with strong growth evidenced by reaching 300,000 families and generating 200,000 productive hours for employers.[2][3][6]
Founded in 2012 in Dallas, Texas, Cariloop emerged from the personal caregiving experiences of its co-founders, including CEO Michael Walsh, who recognized the overwhelming navigation challenges early in life caregiving.[1][3][4] The idea crystallized into a human-powered platform blending tech and expert coaching to prevent caregivers from facing burdens alone, evolving from a startup focused on family support to a comprehensive employer benefit serving pediatrics to end-of-life care.[1][5] Key milestones include converting to a Public Benefit Corporation, achieving B Corp certification in July 2022 with a 94.9 impact score, and scaling to support diverse caregiving journeys averaging 3-5 years.[2][3]
Cariloop rides the caregiving crisis trend, where aging populations, "sandwich generation" workers, and care shortages affect 50 million+ U.S. caregivers amid rising employee well-being demands post-pandemic.[3][6][7] Timing aligns with employers prioritizing mental health and retention benefits, as caregiving causes physical/emotional strain and productivity losses over multi-year journeys.[5] Market forces like national care provider shortages favor its ecosystem approach, blending formal partnerships with user "villages" for diverse needs.[4] It influences the ecosystem by pioneering tech-enabled support services, proving B Corp models scale positive impact in digital health.[2][6]
Cariloop is poised for expansion by deepening employer integrations and global reach beyond its 2 million employees, leveraging AI-enhanced tools alongside human coaches to handle growing demand.[6] Trends like remote work persistence, demographic shifts toward eldercare, and ESG-focused investing will propel B Corps like Cariloop, potentially amplifying its 300,000-family impact through partnerships and policy advocacy.[2][3] Its influence may evolve from niche benefit to standard workplace essential, redefining productivity in a caregiver economy—proving no one navigates care alone starts with tech that truly balances touch and innovation.[1][3]
Cariloop has raised $41.0M across 3 funding rounds. Most recently, it raised $20.0M Series C in April 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2024 | $20.0M Series C | Ingeborg Investments, KCRise Fund | |
| Jul 1, 2021 | $15.0M Series B | Cleveland Avenue, Ingeborg Investments, LOUD Capital, Revolution, Sixty8 Capital | |
| May 1, 2020 | $6.0M Series A | Cleveland Avenue, Ingeborg Investments, KCRise Fund, LOUD Capital, Revolution, Sixty8 Capital |