Dealflow | February 8, 2022

ConcertoCare raises $105 million to support seniors at home

Roodgally Senatus
ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, February 8 — The majority of the more than 46 million seniors in the U.S. wish to remain in their homes, rather than going to nursing homes or assisted living facilities. Healthtech startups such as The Helper Bees and New York-based ConcertoCare are working to help them age in place.

ConcertoCare works with physicians, nurses, pharmacists, health coaches and social workers “to keep the country’s most medically and socially complex seniors and other adults healthy and in their homes for as long as possible,” said CEO Julian Harris.

Health equity

ConcertoCare has raised a total of $150 million. The new financing will help it extend its national footprint to support “vulnerable patients who are too often failed by the traditional American healthcare system, a situation that is frequently exacerbated by health inequities,” said Harris.

ConcertoCare is starting in the Pacific Northwest with the acquisition of Crown Health. Wells Fargo Strategic Capital led the company’s Series B round, with participation from investors including SteelSky Ventures and Schusterman Family Foundation.