Family First Raises $11 Million in Series A Funding Round

BOSTON, MASSACHUSETTS, USA, July 20, 2023/EINPresswire.com/ -- Family First, the leading expert-led and technology-powered caregiving solution, announced the close of an $11 million Series A funding round led by RPM Ventures and Eos Venture Partners, with participation by Wormhole Capital and Stephen Fromm. The company will use the funds to drive its mission of solving the crushing challenges faced by the nearly 50 million Americans who care for an aging or ill loved one.Caregiving is an unsustainable crisis, said Evan Falchuk, CEO of Family First. The financial impact is stunning, with the Department of Health and Human Services stating that families suffer $522 billion in lost annual income because of caregiving.Caregiving can feel like an impossible challenge, said Evan Falchuk, CEO of Family First. Our mission is to discover the core problems a family is facing and to help put in place a comprehensive plan to solve them.Adam Boyden, Managing Director of RPM Ventures, emphasized, We are excited to work with the Family First team as it solves the urgent need for caregiving solutions.Family First has a holistic, expert approach to solving caregiving problems, said Jonathan Kalman, founding partner of Eos Venture Partners. Family First combines 30 years of experience, a multi-disciplinary team of experts, and leading technology and data analytics.