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The Home Care Startup of Singapore Homage today announced the closing of a $ 4.15 million Series A Tour co-led by Golden Gate Ventures and HealthXCapital.
Investors participating in the round, said existing investors SeedPlus, Juha Paananen, Lim Dershing and Huang Shao-ning.
Homage provides licensed practitioners with a platform to offer on-demand services for seniors in Singapore. The city-state, like many developed countries in Asia, faces a myriad of challenges to take care of a rapidly aging population.
The company claims that it has provided more than 100,000 hours of care services since its inception. It has also partnered with local health care organizations to provide services to low-income seniors in their care.
Tribute declared that the new funding will be used to improve professional training and development programs for its healthcare professionals (CarePros). its network of partners. The start-up also plans to penetrate new markets beyond Singapore.
"As a technology platform in the healthcare industry, we have to solve many seemingly intractable problems," says Gillian Tee, co-founder and CEO of Homage. . "On the one hand, we must meet the demand for accessible and affordable home health care; on the other hand, we must attract, inspire and develop a new generation of CarePros in the industry to provide reliable and quality care. That's why we could not be happier to have some of the best strategic partners of HealthXCapital and Golden Gate Ventures, who are as passionate as we are to build the next phase of Tribute. "
HealthXCapital, which is the first Homage" can lead the charge to effectively address the challenges of aging and aging by leveraging technology, tackling one of the biggest needs humans expected in the years to come "
Tribute was founded by Gillian Tee, Lily Phang and Tong Duong, alumni of Y-Combinator. The team was motivated to launch the startup when it saw a clear and urgent request for high quality home care for the elderly.
She got a $ 1.2 million turnaround from venture capital firms last year. Ventures and SeedPlus, having previously raised an angel round of Singapore-based entrepreneurs.
Early investors in the local business include Huang Shao-Ning and Lim Dershing, co-founders of JobsCentral's local career portal, Pieter Walraven, former founder of Pie Teck Moh's work, former president of Motorola Solutions, Asia-Pacific , and Juha Panaanen, former founder of the Nonstop Games
See Also:
Singapore Health Technology Startup Tribute Bags $ 1.2 Million Round Seed
Golden Gate Ventures to raise $ 100 million third-party funds, confirms filing of the SEC
Singapore: the start-up of the sector of Doctor Anywhere Health Packs at $ 4.1 Million Series A
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