About Papa
At this company, employees engage in meaningful work by providing companionship and support to older adults, helping enhance their quality of life through human connections. The role is vital in reducing loneliness and improving health outcomes, which not only contributes positively to society but also offers a rewarding and impactful work environment. The company's collaboration with health plans and employers further emphasizes its leadership in addressing critical social barriers to health and well-being.
Miami, FloridaHeadquarters
2017Year Founded
$234.6MTotal Funding
SERIES_DCompany Stage
Social Impact, HealthcareIndustries
501-1,000Employees
Benefits
Medical, dental, & vision
HSA/FSA plans
Life & disability insurance
401k
PTO
Family building
Parental leave
Risks
Increased competition from startups like Silvernest and Honor.
Potential privacy concerns regarding handling of seniors' sensitive data.
Challenges in scaling due to varying state regulations and licensing requirements.
Differentiation
Papa connects college students with seniors for companionship and assistance.
Papa offers both virtual and in-person companionship services to older adults.
Papa's model supports independent living for seniors through personalized assistance.
Upsides
COVID-19 increased demand for digital companionship solutions, benefiting Papa's mission.
Rise of telehealth creates opportunities for Papa to integrate health monitoring services.
Intergenerational programs trend supports Papa's model of connecting students with seniors.
Funding
Total raised$234.62 M
Latest valuation$1.40 B
StageSERIES_D
$150
$1.40 BSERIES C
3/31/2021$60
$300.00 MSERIES B
8/31/2020$18
$90.00 MSERIES A
9/30/2019$10
$50.00 MSEED
9/30/2018$2
$12.00 M