Seniorlink provides coaching and collaboration tools and in-home care services for family caregivers. Founded in 2000 and led by CEO Tom Riley, the company operates Caregiver Homes, an in-home care solution that dedicates experienced care teams to work alongside caregivers and their families, offering coaching and support. Seniorlink is developing 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. The company raised $7.5M in funding from NewSpring Capital and intends to use the proceeds for continued development of Vela. In conjunction with the investment, Brian G. Murphy, NewSpring General Partner, joined Seniorlink’s board. Seniorlink is based in Boston, MA. Seniorlink is a Boston, MA-based company that manages care for frail elders and people with disabilities. Its offerings include Seniortouch, a web-based care management system, and the Structured Family Caregiving (SFC) service model. The company announced completion of a $5.0 million round of funding led by Commonwealth Capital Ventures. Seniorlink said the funding will be used primarily to strengthen Seniortouch and to develop other information technology assets to improve its ability to manage care. Leadership emphasized the firm's commitment to helping frail elders and people with disabilities live with dignity and independence. Company leadership and its lead investor framed the solution as one that can reduce the total cost of elder care while improving outcomes.

Total raised

$13M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2016