Papa Raises $60M in Series C Funding

Papa, a Miami, Florida-based curated platform of companionship and clinical care to older adults and families, raised $60m in Series C funding.

The round, which brought total funding raised to date to $91m, was led by Tiger Global Management.

The company intends to use the funds to scale its platform and enhance its suite of services.

Led by Andrew Parker, Founder and CEO, and Alfredo Vaamonde, Co-founder and COO, Papa operates a curated network of professionals who provide companionship and assistance to their members. “Papa Pals” do many things to help their members, including taking them to doctor appointments, helping around the house, providing tech support, and companionship.

The company recently expanded services to all 50 U.S. states and launched Papa Health, a suite of additional benefits including care navigation, virtual primary care, and chronic care management.

Papa Pals assist members as needed, including helping them navigate their virtual visits and encouraging them to follow their care plan provided by their Papa Doc.

The company partners with Medicare Advantage, Managed Medicaid, and employers as a benefit to their members. Papa is available through more than 40 large health plans across the United States and employers throughout the United States.