Senior care platform Homecare Hub collects $2.5m in seed VC

• The round’s investors included Inception Health, Ballad Ventures, Baycrest’s Center for Aging + Brain Health Innovation, AARP, Blue Lion Global and FHS Capital
• Founded in 2020, Homecare Hub offers an on-demand, technology-enabled, small care home platform
• The company is led by co-founder and CEO Dr. Vipan Nikore

Homecare Hub, a Toronto-based provider of senior housing and care solutions, has raised $2.5 million in seed financing.

The round was backed by Inception Health, Ballad Ventures, Baycrest’s Center for Aging + Brain Health Innovation, AARP, Blue Lion Global, FHS Capital and several angel investors.

Founded in 2020, Homecare Hub offers an on-demand, technology-enabled, small care home platform to help provide affordable, quality alternatives to large institutional nursing homes. The company is led by co-founder and CEO Dr. Vipan Nikore.

“Homecare Hub is leading the way in closing the gaps for complex hospital discharges. The design solution leverages and aligns existing community partners to care for residents who may have long-term specialized or complex care needs”, said Diane Ehn, vice president of post-acute care at Froedtert Health, in a statement. “This collaborative effort offers our patients the option of living in an affordable supportive home environment, while still maintaining their independence and quality of life. It is exciting to be part of this innovative solution that connects the community resources to our residents’ needs.”

Inception Health is the digital technology venture capital arm of Froedtert Health, a US not-for-profit health care system

Ballad Ventures is the healthcare venture capital arm of Ballad Health, a US chain of hospitals.

Blue Lion Global is a technology venture capital firm based in Los Angeles and London.