About Homecare Hub
Homecare Hub provides caregiving solutions, operating within the healthcare and co-living sectors. The company offers a network of small care homes and a customizable service for creating personal care homes. Its primary market is individuals with caregiving needs such as dementia, disability, injury, fall risk, or chronic illness. It was founded in 2020 and is based in Willow Springs, Illinois.
Latest Homecare Hub News
Oct 6, 2023
Plus: VC interest in fertility continues with $20M Series A for Pollin. Share on: The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using the form at the bottom of this page to ensure you don’t miss out on the most important healthtech news every week! Pollin Fertility is set to open the doors of its first clinic in downtown Toronto armed with an all-equity $20 million CAD raised in its Series A led by Osmington Inc. The round formally closed in August and marks an outsized amount in a sector that has seen some activity lately, following Future Fertility’s $7.6 million raise in January 2022 and Twig Fertility’s $8 million raise in June of this year. Canadian sprinter Andre De Grasse is moving into a new lane, backing startups through his newly formed ADG Ignite Ventures. De Grasse's investments include smart insole maker Plantiga Technologies Inc., portable gym equipment manufacturer Tut Fitness Group Ltd., online mental-health assistance provider MacroMind Media Inc., (known as Headversity) and Disco Inc., an online learning platform. He calls the four investments part of his “side quest.” Built on student talent, CleanSlate UV sees huge growth To help meet the demands of the growing bioeconomy, healthcare start-up CleanSlate UV leverages co-op students’ creativity and future-ready mindset. “Students from Waterloo have a unique, exceptional talent that many businesses can benefit from. The top skills they bring to the table are an innovative mindset with a fresh, unbiased perspective and readiness to take on any new challenges” says Claire Dobbin, senior product manager at CleanSlate UV. Did you know funding is available to cover up to 70% of a student’s salary? Talent experts can support you through the hiring process. Toronto-based senior care platform Homecare Hub raised $2.5 million USD ($3.4 million CAD) in an oversubscribed all-equity seed funding round that comes with additional milestone-based funding. Homecare Hub provides a platform built on a shared living in senior care model as an answer to the traditional retirement home. Clients can opt to “host” a shared living residence of two to 12 people and be matched with prospective clients based on personality and care needs with personal support workers assigned as needed. Lululemon is laying off about 120 staff as it winds up the Mirror smart-fitness business it acquired for US$500 million in June 2020. It’s the second round of layoffs in recent months for the Lululemon Studio division as the company has struggled to make the investment pay off. In its blog post , LinkedIn highlighted difficulties faced by startups this year, such as venture capital deals in Canada dropping by 71 percent on an annual basis in the first quarter, higher interest rates, and the collapse of Silicon Valley Bank. Despite that, the list of Canada's top 15 startups reflects the resilience of FinTech and artificial intelligence (AI) startups, with just over half of the ranked startups involved in either of those sectors. Virgin Pulse, a mobile-first employee wellness and engagement company, announced its intent to merge with HealthComp, a benefits and analytics platform, to create a technology and data-enabled healthcare service for employers. The reported $3 billion deal will form a combined entity that utilizes technology and an AI-enabled data platform to deliver health plan designs aimed at improving member health outcomes and lowering costs for members and employers. Elevate kicked off this year's tech and innovation festival on its main stage by announcing its acquisition of the Canadian Innovation Exchange (CIX) and a partnership with MaRS and Kids Help Phone to launch a $2-million innovation challenge aimed at improving youth mental health. Amazon announced this week that it would invest up to $4 billion in artificial intelligence company Anthropic as the AI arms race heats up. "Our news today about Amazon's collaboration with Anthropic is important for Healthcare and Life Sciences organizations globally," said Dan Sheeran, general manager of healthcare and life science at AWS. The inaugural $450,000 Elevate Women + Pitch Prize at the Elevate Festival went to Kara LeBlanc from Medreddie, a Waterloo, Ont.-based startup healthtech and AI startup. Medreddie’s AI-powered platform provides insights into the healthcare supply chain, improving patient outcomes and health system performance, according to the startup. Front Row Ventures, the university student-led fund that invests in student-led startups, has closed $5.5 million for its first pan-Canadian fund. Historically, Front Row Ventures has focused on investing in early-stage, student-led Canadian startups. The fund received $600,000 in 2017 from Real Ventures to invest in 24 student-led startups over the next four years. The company is developing technology that will detect cancer from just a single blood sample, enabling early treatment of the disease. Adela’s headquarters is in California, but its tech was first developed by chief scientific officer Dr. Daniel De Carvalho at The Princess Margaret Cancer Centre in Toronto, and it maintains an office in the city. Biogen, the iconic but embattled biotech firm, is shuttering Biogen Digital Health, its roughly 150-person group focused on using new types of data like those from mobile phones and smart watches, and ending a clinical trial being conducted with Apple early. 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Homecare Hub Frequently Asked Questions (FAQ)
When was Homecare Hub founded?
Homecare Hub was founded in 2020.
Where is Homecare Hub's headquarters?
Homecare Hub's headquarters is located at 8301 Chaucer Drive, Willow Springs.
What is Homecare Hub's latest funding round?
Homecare Hub's latest funding round is Seed VC.
How much did Homecare Hub raise?
Homecare Hub raised a total of $2.5M.
Who are the investors of Homecare Hub?
Investors of Homecare Hub include Ballad Ventures, FHS capital, Inception Health, Centre for Aging + Brain Health, AARP and 4 more.