🚀 Startups Fueling Innovation in the Care Economy 🚀 The Care Economy is rapidly growing, with startups disrupting traditional caregiving models and addressing urgent societal challenges. Venture capital (VC) plays a pivotal role in enabling these companies to scale and succeed. 📈 Success Stories: Care.com is an online platform that connects families with the care they need Honor is a home care company that connects older adults with professional caregivers through a technology platform. Papa connects older adults with "Papa Pals" who provide companionship and assistance with everyday tasks. Kido International runs early childhood education and care programs that incorporate the best practices from teaching philosophies from around the world CareAcademy is an online caregiver training platform used by thousands of caregivers across the US. The opportunities are vast, with VC funding driving innovation and creating scalable impact in this high-growth sector. Dive deeper into this evolving landscape by accessing our white paper: https://lnkd.in/dgTvydXK #CareEconomy #ImpactInvesting #GenderEquity #PublicPrivatePartnerships #BlendedFinance #CareInfrastructure #AgingPopulation #Childcare #Healthcare
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And thank you ImpactAlpha for highlighting CARE and other great initiatives again this week in "The untapped opportunity in America’s care economy" https://lnkd.in/gjJdTTUX "Real estate investment also offers tangible ways to support the Care Economy by developing necessary physical infrastructure. Facilities like senior assisted living, child care, and rehabilitation centers not only provide stable, long-term income but also serve an essential role in delivering care services. Mission Driven Finance®’s Care Access Real Estate (CARE) REIT, for example, owns and manages properties optimized for caregiving to expand child care capacity. CARE’s innovative model allows care providers to eventually own the properties they operate, fostering community stability and empowerment."
🚨 Big News! 🚨 In honor of National Family Caregivers Month 2024 we’re thrilled to launch our latest white paper: "Caring for Tomorrow: A Guide to Investing in the Care Economy" The Care Economy is booming, and it’s clear that investing in caregiving solutions isn’t just a social good—it’s a financial imperative with vast untapped potential. In our latest white paper we co-authored with Tesser Capital Management, we dive into how investors can drive change and capture value in this growing sector. 🔑 Key insights include: 1. Untapped investment opportunities across various asset classes 2. The importance of public-private-philanthropic partnerships in scaling care infrastructure 3. Key policy insights for investors focused on long-term impact 4. Impact measurement approaches in the Care Economy Whether you’re an investor, philanthropist, or company looking to align your goals with impactful investments, this report offers actionable guidance for creating long-term value in the care sector. 💡 Ready to learn more? Download the full report here: https://lnkd.in/dgTvydXK Let's build a resilient and inclusive care economy together! Share this post and join us in driving impactful change. #CareEconomy #ImpactInvesting #GenderEquity #PublicPrivatePartnerships #BlendedFinance #CareInfrastructure #AgingPopulation #Childcare #Healthcare
Caring for Tomorrow: A Guide to Investing in the Care Economy
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🚨 Big News! 🚨 In honor of National Family Caregivers Month 2024 we’re thrilled to launch our latest white paper: "Caring for Tomorrow: A Guide to Investing in the Care Economy" The Care Economy is booming, and it’s clear that investing in caregiving solutions isn’t just a social good—it’s a financial imperative with vast untapped potential. In our latest white paper we co-authored with Tesser Capital Management, we dive into how investors can drive change and capture value in this growing sector. 🔑 Key insights include: 1. Untapped investment opportunities across various asset classes 2. The importance of public-private-philanthropic partnerships in scaling care infrastructure 3. Key policy insights for investors focused on long-term impact 4. Impact measurement approaches in the Care Economy Whether you’re an investor, philanthropist, or company looking to align your goals with impactful investments, this report offers actionable guidance for creating long-term value in the care sector. 💡 Ready to learn more? Download the full report here: https://lnkd.in/dgTvydXK Let's build a resilient and inclusive care economy together! Share this post and join us in driving impactful change. #CareEconomy #ImpactInvesting #GenderEquity #PublicPrivatePartnerships #BlendedFinance #CareInfrastructure #AgingPopulation #Childcare #Healthcare
Caring for Tomorrow: A Guide to Investing in the Care Economy
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NOVEMBER IS NATIONAL FAMILY CAREGIVER MONTH I had the great privilege of caring for my Dad alongside my mother through his final years and saw firsthand the impact that the millions are facing every day across the U.S. to take care of our children and elders while we work to build the economy. I'm thankful to have been a part of the release of a new white paper that dives into how we all can support solutions that are needed to provide caregivers with training, with skill building, with technology and with data necessary for care to be offered in homes. The paper centers on the new Care Economy, which is frankly respecting the fact that caregiving has been an important part of the economy all along, but now has growing scalable solutions we can all wrap around. Today, care giving solutions remain underfunded and need support from investors and policymakers to gain traction in the economy and be affordable in homes. This new white paper highlights opportunities for investors and offers a framework for deploying capital across asset classes to meet these needs. Dive into the strategies for creating positive change here: https://lnkd.in/gK8MXRBJ #CareEconomy #ImpactInvesting #GenderEquity #PublicPrivatePartnerships #BlendedFinance #CareInfrastructure #AgingPopulation #Childcare #Healthcare #Adelante
Caring for Tomorrow: A Guide to Investing in the Care Economy
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Over the past month, I've witnessed the closure of two liked-minded startups I've been rooting for that began their journeys around the same time as us, both before and during the early stages of the pandemic. This reality, while challenging, prompts us to reflect on the ever-evolving healthcare landscape and our mission that the dual approach of supporting parents and equipping healthcare providers with psychosocial care resources is non-negotiable for equitable, value-based care. At Child Life On Call we remain steadfast in our commitment to enhancing child life services through our app and community resources. We've learned that adaptability, deep understanding of parents' needs, and relentless focus on our mission are crucial to navigating the ups and downs of the healthcare industry. We're more committed than ever to providing tech-enabled access to coping plans, educational materials, and interactive features to support the emotional and physical well-being of children and their families. Our goal is not only to persist but to thrive and expand the support we offer, ensuring that every family feels informed, connected, and supported. To our community, partners, and all those who support child life services—your engagement and feedback inspire us every day. Let's keep growing. #healthtech #femalefounded #childlifeservices #valuebasedcare #digitalhealth
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Excited to share our 2024 Impact Report with macro-trend data, solutions were seeking and most importantly, the incredible work of our companies. Just to name a few featured-- Cartwheel: In January 2024, MCES established a cost-sharing agreement for its member districts. Four districts joined the first pilot. Approximately 15,000 students across 27 schools in these districts gained access to mental health services they wouldn't otherwise have due to waitlists, insurance issues, language availability, transportation, and other barriers. 50 referrals were made in first few weeks. Swing Education staff substitute teachers for our nation's classrooms- they now have 2.8k monthly active subs in 7 states Stepful enables people with a high school degree to start a career path in healthcare. It offers training programs that are low cost, fast, and scalable. Stepful has now trained tens of thousands of students and placed them in healthcare jobs like phlebotomy and nursing assistants. WorkWhile provides an on-demand labor marketplace with a worker-first approach,providing flexibility and stability for hourly workers. 71% say WW is important for their financial obligations. https://lnkd.in/g2KAtDhD
Reach Capital’s 2024 Impact Report
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In the latest episode of The Other 80, Claudia Williams, UC Berkeley Public Health Chief Social Impact Officer, sat down with investor Deena Shakir at Aspen Ideas Health to talk about how to expand access to the basic services people need but often can't access: pediatric care, community health and women’s services. https://lnkd.in/dwrHdk7n #AspenIdeasHealth #TheOther80
A Case for Techno Realism with Deena Shakir
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Wednesday Spotlight: Highlighting Innovation in the #HealthTech Industry! This week's spotlight shines on the NYC-based startup, Summer Health: This innovative startup connects parents to pediatricians who answer urgent care and behavioral concerns within MINUTES via a convenient text messaging service. Why Summer Health is gaining traction: ➡ Peace of Mind for Parents: No more waiting hours for answers! Summer Health provides 24/7 access to pediatric expertise, reducing stress and anxiety for worried parents. ➡ Direct & Employer-Sponsored Access: Available directly to consumers or as an employer-provided benefit, Summer Health offers flexible options for families. Founded just two years ago, by Ellen D. and Matthew Woo, Summer Health has already secured $12 million in Series A funding from leading investors like Sequoia, Lux Capital, and Chelsea Clinton's Metrodora Ventures. This is a company to watch! #Healthcare #DigitalHealth
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Digital Equity & Access for Older Adults: Why It Matters 🔍 Myth 1: Digital Equity is Only About Internet Access Reality: It’s also about affordability, tech literacy, and device access. 💻 Myth 2: Older Adults Aren’t Interested in Technology Reality: Many older adults embrace tech when it’s accessible and user-friendly. 🚫 Myth 3: Digital Equity Doesn't Impact Health Reality: Limited digital access can lead to poorer health outcomes due to a lack of telehealth and online resources. 🌐 Myth 4: Digital Inclusion is a City-Only Issue Reality: Rural communities face significant barriers to achieving digital equity. 🏛️ Myth 5: Addressing Digital Equity is the Government’s Job Alone Reality: It requires collaboration between the private sector, non-profits, and government. 🔒 Myth 6: Digital Equity Ends with Infrastructure Reality: Infrastructure is just the start—education, ongoing support, and engagement are key to lasting digital equity. Prime Health Pre-Game AgeTech Meet-Up RSVP Tuesday: Nov 12, 10 AM Downtown Denver (Venue TBA) https://lnkd.in/grH3ZtYH See you there! Katherine Kim Kimberly Harris Melanie Colletti Rachel B. Cohen, MSW, MUP Cinematic Health Clear Path Home Care Advocord ScaleHealth AgeWise Colorado Guardian Pharmacy of the Heartland KARE Dividat HealthHive, PBC Emily Fera Beth Niemann Dr. Michelle Olson Michele Simmonds Eric Chess MD, JD Next50 Peter Kaldes AgeTech Collaborative™ from AARP Aging2.0 Age-Friendly Institute Pivotal Ventures Unlikely Collaborators Milken Institute Older Adults Technology Services (OATS) from AARP Jonathan Bryant, CHBA Jodi Waterhouse, MHA Nymbl Science Serenity Assured Senior Living Francis LeGasse Jr Katherine Wells
AgeTech Colorado: Innovating to Bridge the Digital Equity Gap
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Exciting discussions today about embedding health literacy work into the REACH framework. From humble beginnings mighty oaks grow, so wonderful to see all the opportunities for collaboration between the VCSE and statutory sectors develop 🥰 https://lnkd.in/eVXHbATk
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At Beyond Equity Group, we chose doctors as our primary investors not just for their financial advantages but for a deeper reason. Every day, a doctor commits suicide, shedding light on the immense stress doctors face despite outward appearances. We recognize the challenges doctors encounter daily and appreciate the sacrifices they make for our well-being. Our founders, one an ER physician who has seen it all and another a home health doctor of physical therapy immersed in our communities at every socioeconomic level, understand the highs and lows of the healthcare industry. While we acknowledge that investing isn't a cure, we believe it can be a positive outlet for doctors, who otherwise are usually led to transactional passive investing that could possibly detach them even more from the healthy emotions we all need to survive and thrive. Beyond Equity Group provides doctors with a passive investment opportunity that goes beyond financial returns. We offer a chance to contribute to community impact, serving as a collective outlet for doctors seeking connection and purpose. While we focus on great returns, affordable housing, and community development, we prioritize the well-being of our doctor investors, recognizing their vital role in society. Investing with us isn't just about building financial portfolios; it's about building a supportive community for those who serve us all. Do us a favor, the next time you see your doctor, take a few seconds and check on them too. A genuine smile, genuine interest in them as a person, or just a gesture that feels right to you might go a long way! #BeyondEquityGroup #DoctorsInvest #CommunityImpact #MentalHealth #InvestingWithPurpose #WellBeingPriority #AffordableHousing
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Tesser Capital Management, Jenna Bussman-Wise, CAIA, Philippe Sachs