London-based Lottie acquires Found to confront the social care crisis and enhance the quality of elderly care
Summary
It’s backed by American Venture Capital Firm General Catalyst and chief executives from Airbnb, Zoopla and Monzo and continuing to scale fast. This deal will bring new opportunities to Lottie, again building on the recent expansion beyond care homes into retirement living, giving retirees specialist support and expertise in finding alternative housing options for those who want to maintain their independence in later life. After recently launching retirement living to further meet the demand for a variety of later life options, their mission to drive industry change hasn’t stopped there. After a turbulent few years with the pandemic – and recent delays in government social care reform – the later living sector needs continued support. While some governments have been more proactive than others in tackling the problem, tech innovations such as the Lottie platform and Found software, coupled with impact-driven entrepreneurship like Chris and Will’s will prove crucial in providing people with the care they need.