BelleVie Care raises 2.1 million in seed funding
Summary
BelleVie raises \xa32.1 million in seed funding and grants to boost award-winning care model across the UKWe are proud to announce that we have received \xa32.1 million in our latest seed and grant funding round from a group of ambitious, purpose-led investors who share our mission to empower more people to thrive at home.The \xa31.6 million seed funding round, led by Skagen Conscience Capital, will enable our Wellbeing Support Teams to scale up the high-quality, award-winning care across Northumberland and Oxfordshire and beyond (more on that soon! This brings the total received this funding round to \xa32.15 million, and the total the company has raised so far to \xa33.4 million.Commenting on the latest funding round, our co-founder and CEO Trudie Fell said:Were thrilled to have the backing of this great group of investors; their belief in us is great validation of our model. This centres around an approach pioneered in the Netherlands, which sees 10-person self-managing teams serve their local community, providing continuity of care and building trusted relationships. We recruit people based on their values, rather than their previous experience.With the majority of our employees coming from a non-care background, our excellent onboarding and training, and a 66% employee Net Promoter Score (NPS), we are proving that we can solve the recruitment and retention problems at the heart of the care crisis.Teams flex as the needs of those they support change, using bespoke rostering tools to rapidly adapt. These include intelligent rotas, colleague development and client wellbeing tools and the development of a Thriving at home marketplace of third-party products and services.Hear from the people that we support!What do our investors say?Denise Holle, Head of Social Investment at Joseph Rowntree Foundation, said:Through its social investment in BelleVie, Joseph Rowntree Foundation is furthering its mission to inspire social change and address the root causes of poverty and economic insecurity.