What is Elder?
Founded in 2016, Elder provides a sophisticated platform that connects families with live-in care specialists, effectively positioning itself as a viable alternative to traditional care homes. By leveraging technology to streamline the matching process, the company addresses the critical need for high-quality, personalized support for the elderly. Elder's market position is defined by its commitment to transparency, reliability, and the professionalization of the caregiving sector, which has historically been fragmented. Through its digital infrastructure, the firm ensures that care recipients receive consistent, high-standard support while empowering caregivers with better tools and professional opportunities.
How much funding has Elder raised?
Elder has raised a total of $25.8M across 3 funding rounds:
Other Financing Round
$5.8M
Other Financing Round
$20M
Stock/Share Issuance
$65M
Other Financing Round (2020): $5.8M, investors not publicly disclosed
Other Financing Round (2022): $20M led by IPF Partners
Stock/Share Issuance (2026): $65M, investors not publicly disclosed
Key Investors in Elder
IPF Partners
IPF Partners is a prominent alternative financing provider focused exclusively on the healthcare sector, offering tailored debt and equity financing solutions for digital health and medtech companies.
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Elder?
With this latest strategic investment, Elder is well-positioned to accelerate its expansion efforts and enhance its technological capabilities. The company is expected to focus on deepening its market penetration within the UK while potentially exploring new service verticals that complement its existing live-in care offerings. As the demand for home-based care continues to rise, Elder's ability to scale its operations without compromising the quality of care will be the primary driver of its future valuation. The firm's focus will likely remain on optimizing its matching algorithms and expanding its network of vetted care professionals to meet the evolving needs of an aging population.
See full Elder company page