InsurTech Innovator The Helper Bees Secures $35M Funding to Revolutionize At-Home Care Solutions

InsurTech Innovator The Helper Bees Secures $35M Funding to Revolutionize At-Home Care Solutions

The Helper Bees, a pioneering InsurTech company dedicated to helping older adults maintain their independence at home, has recently raised $35 million in Series C funding. This significant investment positions the company to expand its innovative platform that connects seniors with a variety of essential non-medical services.

Funding Round Highlights

The Series C funding round was led by Centana Growth Partners and included participation from various existing investors, such as:

  • Silverton Partners
  • Impact Engine
  • Northwestern Mutual Future Ventures
  • Alumni Ventures

Empowering Independent Living

The Helper Bees offers a robust platform designed to facilitate access to a wide range of non-medical products and services. These services include:

  • Caregiving
  • Meal delivery
  • Housekeeping
  • Pest control
  • Transportation

By leveraging advanced technology, The Helper Bees enhances the quality of life for aging populations, enabling them to live independently.

Leadership Insights

Char Hu, the CEO of The Helper Bees, expressed the significance of this funding round, stating, “This funding round represents a pivotal milestone for The Helper Bees and the aging-in-place movement. Every day, we hear stories from families who can sleep a little easier knowing their loved ones have access to the care, services, and independence they deserve.”

Strategic Partnerships and Future Plans

Centana Growth Partners’ partner, Eric Byunn, praised the platform’s adaptability and noted that, “The Helper Bees’ tech-forward platform is streamlining the delivery of independent aging solutions at a time when they are increasingly in demand.”

He emphasized the company’s commitment to adapting to market needs, particularly highlighting the introduction of a flexible spending card as a testament to their innovative approach.

Conclusion

The Helper Bees is set to broaden its reach and continue empowering older adults to live independently and safely at home. This funding is a crucial step towards supporting the aging population’s needs. For more information, visit their official website.

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For further insights into independent living solutions for seniors, explore related resources on NIH’s National Institute on Aging.

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