Seniorlink, a Boston, MA-based provider of a coaching and collaboration platform for caregivers, raised $7.5m in funding.
NewSpring Capital made the investment. In conjunction with the funding, Brian G. Murphy, NewSpring General Partner, joined Seniorlink’s Board.
The company intends to use the funds for the continued development of its coaching and collaboration platform, Vela.
Founded in 2000 and led by Tom Riley, Chief Executive Officer, Seniorlink provides an in-home care solution, Caregiver Homes, which dedicates experienced care teams to work alongside caregivers and their families, offering coaching and support at every step.
The company is now developing of Vela, a technology platform that will allow caregivers to collaborate with care teams and health care professionals while navigating a broad network of resources and information.