What is Naborforce?
Founded in 2018, Naborforce operates at the intersection of social impact and health-tech. The company provides a digital marketplace that connects older adults and their family caregivers with vetted community members for light assistance and social engagement. This model addresses the growing demand for aging-in-place solutions, effectively utilizing community strength to mitigate isolation and support daily living requirements. By digitizing the 'neighborly' support system, Naborforce has carved out a unique market position that prioritizes human connection alongside technological efficiency, positioning itself as a critical player in the burgeoning longevity economy.
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.
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.
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, fostering transformative ideas and businesses.
What's next for Naborforce?
With the recent influx of capital, Naborforce is well-positioned to accelerate its market penetration and enhance its technological infrastructure. The company's strategic roadmap likely involves expanding its geographic footprint beyond its current base, refining its vetting algorithms to ensure service quality at scale, and deepening its integration with healthcare providers. As the demographic shift toward an aging population intensifies, Naborforce's ability to maintain its community-centric ethos while scaling operations will be the primary determinant of its long-term success. Investors are clearly betting on the company's capacity to standardize a fragmented elder care market through its scalable, tech-enabled platform.
See full Naborforce company page
