Lottie, a London, UK-based free online marketplace that connects care seekers and retirees to UK care homes and care services, raised $21M in Series A funding.
The round, which brought the total amount to $31M, was led by Accel, with participation from previous investor General Catalyst.
The company intends to use the funds to further invest in its suite of technology products and expand its 50-strong team based in London, with the aim of doubling headcount in 2024.
Founded in 2021 by Will and Chris Donnelly, Lottie is a digital marketplace that connects care seekers to the UK’s care homes at a fair price. With Lottie, care seekers can find, compare and enquire directly with more than 4,000 high-quality care, home care and retirement living services, as well as having the support of the team of care experts through each stage of the search process. Beyond its core marketplace, the company has developed Found by Lottie – a suite of technology tools it acquired in 2022, designed to upgrade the outdated services offered within care homes themselves. Found offers care providers tools to effectively manage enquiries, customer relationships, networking, occupancy, finance and billing, and to show real-time bed availability.
FinSMEs
09/10/2023