Papa raises $18 million in Series B

Papa , a nationwide provider that pairs older adults and families with Papa Pals for companionship and assistance with everyday tasks announced it has raised an additional $18 million for its Series B round led by Comcast Ventures. Additional investors in this round include Canaan, Initialized Capital, Sound Ventures, Pivotal Ventures with Magnify Ventures, Behance Founder, CPO of Adobe; Scott Belsky, the founders of Flatiron Health and their group Operator Partners, and other high-profile investors. This brings the company’s total funding raised to $31 million to date.

Since launching in Miami, FL in 2018, Papa has expanded to serve families in 17 states, with plans to be in all 50 states by January 2021. Papa is eligible to members through health plans and employers as a benefit.

Papa Pals provide companionship to older adults and can help with an array of everyday tasks including transportation, light household chores, navigating health benefits, doctors’ appointments, prescription refill and pick up, grocery delivery, and more.

“Papa is enabling a growing number of older Americans to age at home, while reducing the cost of care for health plans and creating meaningful jobs for companion care professionals.” – Fatima Husain, Principal at Comcast Ventures.