Kaiser Permanente Ventures invests $5M in mobile-enabled caregiver service Hometeam

By Aditi Pai
11:37 am

Hometeam, which offers a caregiver service for seniors, has raised $5 million from Kaiser Permanente Ventures, according to a report from Fortune

This brings the company’s total funding to at least $32.5 million. Hometeam raised its most recent round last month from Oak HC/FT, Lux Capital, IA Ventures, and Recruit Strategic Partners.

The company’s executive board includes Christine Henningsgaard, the COO, who previously led operations for One Medical Group and the VP of Engineering Harry Heymann, who served as VP of Engineering at Foursquare.

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Families can use Hometeam to send a caregiver to the senior’s home. Some of the services the caregiver provides includes making the senior meals, helping them take their medication, and making sure they maintain good hygiene. Hometeam keeps an iPad in every home so that caregivers can plan fun activities and update family members about the senior's daily progress. Family members can view updates from their smartphone and send notes and suggestions to the caregiver through the app too.

Each family receives support from a care advisor, care coordinator, registered nurse, and the caregiver. According to Fortune, caregivers are paid about $15 per hour. Families pay the company about $20 per hour for the offering.

Hometeam currently offers its services to cities in New York, New Jersey, and Philadelphia, but plans to expand to 10 more cities this year.

Kaiser Permanente Ventures has invested in a number of other digital health companies in the last few years including ingestible sensor company Proteus Digital Health, videoconferencing company Vidyo, online and mobile diabetes prevention company Omada Health, health data platform company Validic, and health behavior monitoring and analytics company Ginger.io.


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