Aunt Bertha, an Austin TX-based operator of closed-loop social care networks, raised $27M in funding.
The funding round was led by Warburg Pincus, with participation from existing investors Pershing Square Foundation, Techstars Ventures, Noro-Moseley Partners, Digitalis Ventures and The Social Entrepreneurs’ Fund (TSEF). In conjunction with the funding, tech executive and Kiva.org CEO Chris Tsakalakis will join Aunt Bertha’s board of directors.
The company intends to use the funds to enhance its free and paid products and continue to expand its new marketplace.
Led by Founder and CEO Erine Gray, Aunt Bertha is a leader in closed-loop social care networks and the company behind findhelp.org, a large social care network in the country, with over 470,000 program locations and at least 1,295 vetted listings accessible to people in need in every ZIP code in America.
Its Marketplace product allows customers to order social goods and services so social workers with implementations including powering car seat orders for Medicaid members in Texas, food box delivery orders in Pennsylvania and Uber rides to vaccination sites in one of Michigan’s largest health systems, Beaumont Health. It also currently supports eligibility screening, outcome tracking, payments and invoicing for social good and service ordering.
Founded in 2010, the company will invest in building more product features and functionality for social care providers, as well as in growing community engagement, fostering learning and peer leadership with social workers and other helpers.
FinSMEs
05/06/2021