A Place for Mom Raises $175M in Equity Funding
Summary
A Place for Mom, a NYC-based marketplace for senior care services, raised $175m in growth equity funding. The round was led by Insight Partners, with participation from existing investors General Atlantic and Silver Lake. The company intends to use the funds to accelerate growth and expand operations. Led by Larry Kutscher, Chief Executive Officer, A Place for Mom provides an online platform and an advisory service, powered by a national team of local experts, assisting families with personalized senior care guidance. With a large national network, the company enables families to make their living decisions across assisted living, memory care, independent living, and home care.
Funding
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