The Helper Bees raises $35 million

The Helper Bees, a platform offering home services for older adults, announced a $35 million funding round led by Centana Growth Partners, with participation from Silverton Partners, Impact Engine, Northwestern Mutual Future Ventures, and Alumni Ventures.

Founded in 2015, The Helper Bees’ network of providers offers a range of services around home caregiving, home modifications, groceries and meals, pest control, housekeeping, and transportation. The company has more than 20,000 credentialed providers and it is in network with 43 payers.

The Helper Bees reached profitability last year.

“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.

“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.” – Char Hu, PhD, CEO of The Helper Bees.