|Seed, 11/2012 |
Expansion Venture Capital
There are a few ways you can find in-home care for your loved ones: You can go by doctor or hospital referrals, through agencies, or look online for someone to help. None of those options is ideal, though, and many times families end up settling for the first or second caregiver they interview. TenderTree thinks there’s a better way, and is building out its own marketplace of caregivers to choose from. And investors agree, putting $1.3 million to help it expand.
TenderTree wants to provide a way for folks to find in-home caregivers that are perfect for their family members. It performs background checks on all the caregivers who apply and checks their accreditation and skills to ensure they’re up to snuff — and also to find out where they might fit best. It handles all the billing and payment, and even has a $3 million liability insurance policy for those who use the platform after a hire has been made.