What is Element Care?
Headquartered in Lynn, Element Care is an innovative healthcare provider focused on delivering essential coverage, home care, and social services to the elderly population. Its unique approach aims to prevent nursing home admissions by offering robust support systems, thereby significantly impacting the lives of thousands of caregivers and family members who rely on its services.
How much funding has Element Care raised?
Element Care has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Element Care
PPP
Public-Private Partnership
What's next for Element Care?
The recent major strategic investment signals a period of accelerated growth and potential expansion for Element Care. This capital infusion is likely to bolster its operational capacity, enhance its service offerings, and potentially extend its reach to more communities. The company's focus on a rapidly growing demographic, coupled with its innovative model, positions it for sustained development and increased market influence in the elder care sector.
See full Element Care company page