Cariloop Secures $20 Million in Series C Funding
April 15, 2024, 3:32 pm
Location: United States, Texas, Dallas
Employees: 51-200
Founded date: 2012
Total raised: $26M
Cariloop, a caregiver support platform company based in Richardson, TX, has successfully raised $20 million in its Series C funding round. ABS Capital led the investment, with participation from existing investors Noro-Moseley Partners, KCRise Fund, Revolution’s Rise of the Rest Seed Fund, and Patterson Thoma Family Office.
The company's focus is on providing comprehensive support to caregivers, offering a digital platform and concierge-level services. With a strong client base including Procter and Gamble, KPMG, and the American Cancer Society, Cariloop has achieved impressive net revenue retention and customer satisfaction scores.
This latest funding will drive Cariloop's expansion into new markets, enhancing its offerings for both employers and caregivers. CEO Michael Walsh emphasized the importance of supporting working caregivers and improving employee well-being through their innovative solution.
Cariloop's unique approach to caregiver support has garnered nationwide attention and growth, positioning the company as a leader in the industry. With a commitment to helping employees balance work and caregiving responsibilities, Cariloop is poised to make a significant impact on the lives of millions of working caregivers.
The company's focus is on providing comprehensive support to caregivers, offering a digital platform and concierge-level services. With a strong client base including Procter and Gamble, KPMG, and the American Cancer Society, Cariloop has achieved impressive net revenue retention and customer satisfaction scores.
This latest funding will drive Cariloop's expansion into new markets, enhancing its offerings for both employers and caregivers. CEO Michael Walsh emphasized the importance of supporting working caregivers and improving employee well-being through their innovative solution.
Cariloop's unique approach to caregiver support has garnered nationwide attention and growth, positioning the company as a leader in the industry. With a commitment to helping employees balance work and caregiving responsibilities, Cariloop is poised to make a significant impact on the lives of millions of working caregivers.