Cariloop Pulls In $20M Series C Round
Summary
RICHARDSON, TX, Cariloop, the leading comprehensive caregiver support platform, today announced the successful closure of its Series C funding round, raising $20 million. This significant milestone was led by ABS Capital with participation from existing investors Noro-Moseley Partners, KCRise Fund, Revolutions Rise of the Rest Seed Fund, and Patterson Thoma Family Office. Cariloop helps families manage their loved ones care needs by connecting them to an employer-sponsored, digitally-powered caregiver support platform. Experienced Care Coaches provide personalized guidance and professional support, while Cariloops digital platform offers resources for finding, booking, and paying for care, accessing information, and utilizing tools essential for caregiving. The comprehensive solution aims to reduce stress and burnout for employees, driving increased productivity and reduced absenteeism for employers.
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