CareLinx Inc., a San Bruno, CA-based company specializing in home care for the elderly and the chronically ill, received an investment of undisclosed amount.
Backers in the round, which brought CareLinx’s total capital raise to $5m, included Generator Ventures and Ziegler Link·age Longevity Funds, prominent venture capital firms focused on aging and long-term care.
The company intends to use the funds to expand its staff and launch national marketing initiatives.
Founded in 2011 by Sherwin Sheik, CareLinx is a healthcare services provider operating a nationwide professional caregiver marketplace. It allows families to find, hire, manage and pay caregivers who match their needs and budget and caregivers who have passed a screening process to find care assignments that meet their hourly wage and scheduling preferences.
The company has a team of customer care representatives that works closely with each family and caregiver throughout the hiring process. Once a caregiver is retained, families and caregivers can manage administrative tasks, including invoicing, care coordination, payroll processing, and household employment taxes, through CareLinx.