Details

Last Funding Type

Series A

Last Funding Money Raised

$8.20M

Industries

Elder Care,Employee Benefits,Health Care,Wellness

Founded date

Jan 1, 2017

Number Of Employee

1 - 10

Operating Status

Active

Legal Name

Carallel, Inc.

Carallel provides a comprehensive caregiver support solution, MyCareDesk, designed to make caregiving easier and help caregivers reduce the stress of caring for an aging loved one. MyCareDesk is a unique blend of digital tools with personal guidance from trusted senior care experts, so people can manage their caregiving responsibilities all in one place. It features information and tools across a wide range of topics and multiple channels. Our goal is to support caregivers at every stage of their journey with valuable resources and access to experienced Care Advocates, so they can spend less time managing and more time caring.

Caregiving issues affect both caregivers and their employers. Caregiving impacts 1 in 5 U.S. workers, according to a 2015 AARP report, and the issue is growing. By 2030, the proportion of the U.S. population aged 65+ will double to about 71 million older adults. Caregiving issues drive $50 billion of business loss annually due to things like attrition, lower productivity and increased health care costs. Most individuals and organizations don’t have the resources or expertise to handle these issues on their own.

MyCareDesk was designed with the enterprise in mind using a robust and scalable digital platform that is fully customizable. This comprehensive caregiver solution can be used in a variety of organizations including employers, PEOs, Medicare Advantage populations and financial services firms.