HomeHero, a licensed non-medical home care provider, has secured $20.0 million in new funding from investors. The company integrates smart technology with compassionate human care to extend essential health system services directly into the home. HomeHero serves individual families seeking assistance and also empowers health systems to launch, operate, and grow their own non-medical home care programs, addressing a critical need in post-acute care.
With hundreds of bonded and insured "Heroes," HomeHero has grown to be one of the largest and most trusted home care providers in California, having delivered more than 1 million hours of care to thousands of families. Its wide range of post-acute services includes personal care, companionship, transitional care, postoperative recovery, medication management, transportation, and assistance with activities of daily living. Equipped with a robust mobile app, HomeHero's Heroes conduct guided safety checks, record patient health information, monitor social determinants, and deliver critical real-time data back to families and case managers in the hospital.
The company's Care Managers, a multidisciplinary team comprising social workers, medical professionals, and data scientists, work closely to triage patients, provide actionable insights, and deliver predictive analytics to the care team. This integrated approach aims to keep patients safer and better supported in their homes. This latest capital infusion of $20.0 million represents a significant investment in HomeHero's operational capabilities and its continued expansion within the rapidly evolving home healthcare landscape.
The newly raised capital is earmarked to fuel HomeHero's strategic growth initiatives. The company plans to utilize these funds to further scale its operations, enhance its proprietary technology platform, and potentially expand its service offerings and geographic footprint. This investment underscores HomeHero's commitment to advancing its mission of providing high-quality, technology-enabled home care solutions and solidifying its position as a leader in the sector.
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