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Homethrive is a technology company.
Homethrive has raised $58.0M across 3 funding rounds.
Homethrive has raised $58.0M in total across 3 funding rounds.
Homethrive provides clear guidance, hands-on help, and emotional relief for every caregiving need, from childcare to eldercare, autism to Alzheimer’s.
Homethrive has raised $58.0M in total across 3 funding rounds.
Homethrive's investors include TELUS Ventures, Human Capital, 7wire Ventures, Pitango Venture Capital.
Homethrive is a healthtech startup offering a high-touch, high-tech family caregiving platform that combines 24/7 digital concierge services, AI-enabled tools, and expert coaching from certified social workers (Care Guides) to support family caregivers.[1][2][3][6][7] It serves employers, health plans, individuals, and their care circles—primarily working family caregivers managing aging parents, loved ones with disabilities, chronic conditions like dementia or cancer, childcare, end-of-life care, and Medicare navigation—helping seniors age in place independently while reducing caregiver stress, work absences, and health escalations.[1][2][3][4][5][6][7] The platform addresses the unpaid caregiving crisis (affecting 37.1 million Americans, 59% women) with proactive recommendations, backup care, resource navigation, and measurable outcomes like 13.8% utilization, reduced falls, avoided hospitalizations, and extended home independence.[2][7]
Founded in 2018, Homethrive has shown strong growth, raising $20M in Series B funding in 2022 (led by Telus Global Ventures and 7wire Ventures) to expand AI tools and payer partnerships, achieving ~$20.8M revenue, 99-250 employees, and national availability as an employee benefit.[2][3][4]
Homethrive was co-founded in 2018 by Dave Jacobs and David Greenberg, longtime friends and senior healthcare executives at Medline, who faced personal family caregiving challenges with their aging parents while balancing careers.[1][3][6] Frustrated by the lack of accessible support—despite their industry expertise—they left to build a solution blending technology and human services, launching in partnership with 7wire Ventures.[1][3] Early hurdles included scaling high-touch services via tech, which took years to refine into a complementary digital-human model.[1] Pivotal traction came from employer partnerships (e.g., OneDigital) and 2022's $20M Series B, fueling platform expansion amid rising caregiving demands.[2]
Homethrive rides the booming digital health and caregiver support trend, fueled by an aging U.S. population (14% in unpaid eldercare) and workforce pressures post-pandemic, where HR leaders prioritize benefits to combat burnout and productivity loss.[2][7] Timing aligns with payer/employer shifts toward preventive, home-based care amid Medicare complexities and chronic disease rises, positioning it in the $100B+ caregiving market.[1][2] It influences the ecosystem by pioneering scalable tech-human models, partnering with insurers/HR firms, and amplifying benefits utilization—reducing escalations like hospitalizations while enabling "aging in place" over institutional care.[2][4][7]
Homethrive is poised for acceleration with its $20M fueling AI expansions and payer deals, targeting deeper integration into self-insured employer plans amid surging demand (e.g., women's caregiving burden).[2] Trends like AI personalization, value-based care, and hybrid work will amplify its role, potentially driving higher utilization and outcomes like further hospitalization avoidance. Its influence may evolve into a caregiving "standard" benefit, scaling nationally while humanizing eldercare tech—transforming personal founder struggles into industry-wide independence for millions, just as it revolutionized support for families like theirs.[1][2][6][7]
Homethrive has raised $58.0M across 3 funding rounds. Most recently, it raised $20.0M Other Equity in November 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 14, 2024 | $20.0M Other Equity | TELUS Ventures | |
| May 1, 2022 | $20.0M Series B | Human Capital | 7wire Ventures, Pitango Venture Capital |
| Oct 1, 2020 | $18.0M Series A | 7wire Ventures, Pitango Venture Capital |