The Helper Bees, a platform transforming how older adults live and age safely in their own homes, announced the completion of a $35 million funding round. Led by Centana Growth Partners, the funding round also saw strong support from existing investors, including Silverton Partners, Impact Engine, Northwestern Mutual Future Ventures, and Alumni Ventures.
The company’s platform transforms aging-in-place by offering the largest and most diverse network of non-medical products and services for older adults nationwide. And these formal and credentialed networks make it easier for payers to provide these essential services directly into the home, addressing critical needs such as in-home caregiving, home modifications, groceries and meals, pest control, housekeeping, and transportation.
The services delivered via The Helper Bees’ platform aren’t just about convenience as they change lives. And for one family, it meant finding reliable transportation for a father who could no longer drive. For another, it was the peace of mind knowing their mother’s meals were delivered on time.
With 43 of the largest payers in the country tapping into its network of 20,000+ providers, The Helper Bees makes it easier than ever to bring life-changing support into the homes of thousands of older adults and their families.
While recognizing that seamless coordination of in-home services hinges on efficient payment management, The Helper Bees launched helpful, which is a flexible spending card designed to transform how benefits are accessed and utilized. This card simplifies payments for caregivers, service providers, and payers by providing a unified platform for retail and online product purchases and essential services.
KEY QUOTES:
“This funding round represents a pivotal milestone for The Helper Bees and the aging-in-place movement. Every day, we hear stories from families who can sleep a little easier knowing their loved ones have access to the care, services, and independence they deserve. This partnership with Centana enables us to broaden our reach and continue empowering older adults to live independently and safely at home.”
“With this new capital, we’re not only able to expand our platform’s reach to support more older adults and their families but also accelerate our entrance into new markets, like Medicaid.”
“Making care truly accessible means removing barriers at every step, from responding to in-home needs all the way through the payment process. Behind every service we coordinate is a real person who deserves to live with dignity and independence. This funding allows us to continue empowering families and redefining how care is delivered at home.”
- Dr. Char Hu, PhD, CEO of The Helper Bees
“The Helper Bees’ tech-forward platform is streamlining the delivery of independent aging solutions at a time when they are in increasing demand, and the company’s continued expansion into new areas such as payments, exemplified by the launch of their flexible spending card, showcases their adaptability and commitment to addressing evolving market demands. We look forward to partnering with a team whose mission aligns with our commitment to scaling innovative technologies that solve real and complex challenges.”
- Eric Byunn, Partner at Centana Growth Partners
