What is Naborforce?
Founded in 2018 and headquartered in Richmond, VA, Naborforce is leveraging technology to enhance community support for older adults and their family caregivers. The company's proprietary platform connects seniors with a network of thoroughly vetted community members, offering on-demand light assistance and fostering social connection. This innovative approach addresses the growing need for accessible and reliable support services for aging populations, positioning Naborforce as a key player in the evolving landscape of in-home care and community engagement solutions.
How much funding has Naborforce raised?
Naborforce has raised a total of $14M across 5 funding rounds:
Multiple Rounds
$4.5M
Series A
$9M
Debt
$500K
Debt (2021): $48K with participation from PPP
Angel/Seed (2021): $2M led by Claritas Capital
Angel/Seed (2021): $2.5M supported by The Artemis Fund and Claritas Capital
Series A (2022): $9M featuring TransLink Capital
Debt (2026): $500K, investors not publicly disclosed
Key Investors in Naborforce
TransLink Capital
TransLink Capital is a venture capital firm based in Silicon Valley, specializing in connecting technology companies with Asia's leading multinationals. With over 15 years of experience, they focus on investments from Seed to Series B, particularly in sectors like Artificial Intelligence, Cyber Security, and Fintech. Their extensive network and expertise in the Japanese and Korean markets enable them to facilitate significant partnerships and growth opportunities for their portfolio companies.
The Artemis Fund
The Artemis Fund focuses on identifying and supporting world-changing founders. The fund aims to invest in innovative startups that have the potential to make a significant impact. Their target clients include entrepreneurs and startups looking for investment and guidance. The Artemis Fund is dedicated to fostering transformative ideas and businesses.
Claritas Capital
Claritas Capital is an alternative investments firm based in Nashville, TN, specializing in venture capital and real estate. The firm has invested over $1 billion in innovative founders, entrepreneurs, and developers, focusing on healthcare, technology, and media/entertainment sectors. They provide investment capital ranging from $2 to $5 million and support their partners with management, customer access, and strategic improvements.
What's next for Naborforce?
The substantial enterprise-level backing indicates Naborforce is poised for significant scaling and market expansion. Future strategic initiatives will likely focus on enhancing platform capabilities, broadening service offerings, and increasing geographic reach. Continued investment in technology and community network development will be crucial for solidifying its market leadership and addressing the increasing demand for senior support services.
See full Naborforce company page
