Hometeam, a New York-based home care services platform for older adults, secured $27.5M in Series B funding.
Oak HC/FT joined existing investors Lux Capital, IA Ventures and Recruit Strategic Partners in the round.
The company intends to use the funds to accelerate its medical and technology development and to expand into several new states and major cities in the coming months.
Led by Josh Bruno, Founder and CEO, and Christine Henningsgaard, COO, Hometeam provides provides elderly clients and their familes with a service platform featuring personalized care planning, expert caregiver matching, custom mobile technology, and proactive case management to improve health and well-being.
The company is currently present in New York, New Jersey and Philadelphia.