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Kindly Affliction said it aloft $5.4 actor of Alternation A costs in a annular led by Javelin Venture Partners and abutting by MHS Capital and Jackson Square Ventures. The aggregation has now aloft $9.5 million.



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Kindly Affliction Closes $5.4 Actor Alternation A Funding Annular Led by Javelin Venture Partners

Funding to abutment avant-garde solutions for families in charge of caregivers



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SAN FRANCISCO, CA – JULY 17, 2018 – Kindly Care, the arch ancient affliction marketplace, appear today it has completed a $5.4 actor alternation A costs annular led by Javelin Venture Partners. Added investors additionally accommodate MHS Capital and Jackson Square Ventures. Kindly Affliction tackles the challenges that the crumbling citizenry is facing, including the exploding amount of affliction and the caregiver curtailment crisis. The annular brings the company’s absolute disinterestedness aloft to date to $9.5 million.

When it comes to award affliction for crumbling admired ones, amount is a above affair back chief amid utilizing a home affliction bureau or acid corners and hiring bodies after able accomplishments checks or experience. With this activity alteration accommodation for families in mind, Kindly Affliction bridges that gap amid the self-service archetypal and managed casework in ancient care. Its exchange offers an amaranthine accumulation of accomplishments arrested caregivers, and families additionally get a absolutely adjustable turnkey band-aid that allows them to be a W-2 domiciliary employer and accede with Department of Labor’s cardinal that best caregivers are advisers and not absolute contractors.

“Craigslist and Care.com accept approved that families like the amount and ascendancy advantages of the self-service model. However, anyone can assurance up on those websites as a caregiver, accomplishments checks are optional, and abutment is not adequate. I capital Kindly Affliction to be the aboriginal ancient affliction exchange that gave me abundant aplomb to use for my own ancestors members,” said Co-Founder and CTO Erik Fantasia.

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Since its barrage in 2015, bags of families accept acclimated Kindly Affliction for their affliction needs, and over 100,000 caregivers accept activated to accompany the marketplace. Unique to the platform, caregivers’ profiles all accommodate a claimed video. These videos acquiesce families to around accommodated their caregivers alike afore they account them in person. In the abutting step, audience baddest who they appetite to accommodated in being and account them at home above-mentioned to authoritative any commitments. Once both the applicant and the caregiver accept agreed to assignment with anniversary added and accept adjourned their alternate rate, Kindly Affliction obtains a tax ID for the employer, sets up a domiciliary amount with account tax withholding, starts tracking approved and overtime hours, generates paystubs, and handles allowance garnishment belletrist and all added authoritative aspects of W-2 domiciliary employment.

“When we started this adventure four years ago, we were assured there were millions of families who were advantageous their caregivers beneath the table, and who would be accommodating to ascertain those relationships if there was an accessible to use framework that ensured acquiescence with all activity and tax regulations,” said Co-Founder and CEO Igor Lebovic. “We’re aflame to see that our artefact is resonating with families and caregivers.”

The alternation A advance will be acclimated to ammunition added advance of the company’s eyes to accommodate a simple and safe band-aid for affordable aged care, armamentarium development of added capabilities for the platform, and to abutment civic expansion.

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“Hiring a clandestine caregiver is abundantly hard. There are abundant activity and tax regulations to consider, as able-bodied as challenges like vetting and staffing to overcome. But outsourcing the affliction to agencies is far too big-ticket for abounding people. Kindly Care’s belvedere allows families to adore the best of both worlds – convenience, assurance and acquiescence of agencies and the accumulation and ascendancy of the clandestine appoint model,” said Alex Gurevich, Managing Director at Javelin Venture Partners, who will be abutting Kindly Care’s lath of directors.

About Kindly CareKindly Affliction was created to accomplish it abundantly simple to abreast appoint caregivers after accepting to anguish about sourcing, assurance or compliance. It has over 100,000 caregivers in its directory, and families can analysis caregivers’ videos afore affair them. To accomplish the advancing administration of caregivers as seamless as possible, Kindly Affliction offers chargeless iOS and Android apps that handle the scheduling, assignment lists, time sheets, circadian reports, and messaging amid audience and caregivers. https://www.kindlycare.com/

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