Aidaly makes sure family caregivers get financial compensation – TechCrunch
Summary
Aidaly was created to help them find sources for compensation and financial aid.The company, which is coming out of stealth mode, announced that it has raised $8.5 million in funding led by Alexis Ohanians Seven Seven Six, with participation from Lightspeed Venture Partners, Operator Partners, Precursor Ventures, Primetime Partners, Scribble, Shrug, Polymath and TVC. Founders and executives from companies like Twitter, Facebook, SoulCycle, Flatiron Health, Mainstreet, OnDeck and Commsor also participated.The funding will be used to expand into new markets across the United States. Aidaly is currently active in the Miami-Dade area.Aidaly points toward statistics showing that there are 53 million unpaid family caregivers in the United States, with almost eight in 10 reporting routine out-of-pocket expenses averaging $7,242 per year. The fact that many employers only offer minimal medical and family leave compounds the problem, since caregivers often have to chose between having a full-time job or looking after their family member.Medicare and Medicaid dollars cover some services, but they can be difficult to apply for. Aidalys role is making access to state and private benefits easier, along with services like financial planning, mental health support and caregivers training.