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Venture Capital News: Papa Snares $150M in Series D

2021-11-06
MIAMI, FL, Papa, a companionship platform for older adults, announced a new round of $150 million in Series D funding.
Papa, a curated platform of companionship and support for older adults, families, and other vulnerable populations, announced a new round of $150 million in Series D funding.

With a valuation of $1.4 billion, this funding round, led by SoftBank Vision Fund 2 and with participation from TCG, Tiger Global Management, Canaan, Initialized Capital and Seven Seven Six, brings Papa's total funding to $240 million.

Papa is a digital health company providing 'Grandkids on Demand' to older adults, for assistance with transportation, house chores, technology lessons, and other senior services. Papa"s mission is to help cure the loneliness epidemic among older adults in America.
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