Cariloop Garners $20 Million Investment To Accelerate Growth, Expand Caregiver Support Solutions
Caregiver support platform operator Cariloop raised $20 million, which it will use to expand market reach with employers and caregivers, as well as investments in services. Investors included ABS Capital, Noro-Moseley Partners, and KCRise Fund.
Cariloop was founded in 2012. It currently serves organizations including Procter and Gamble, KPMG, CAE, American Cancer Society, Arthur J. Gallagher, ASPCA, and Insperity. It helps families manage their loved ones' care needs by connecting them to an employer-sponsored, digital caregiver support platform. The goal is to reduce employee stress and burnout.
The company said its Care Coaches provide personalized guidance and professional . . .