How Biden s $400 Billion for Home Care Workers Will Affect the Industry businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
Project Well, a startup taking a nutritional approach to chronic disease, raised $2 million.
The startup plans to target the booming Medicare Advantage market.
It works with food vendors and dietitians to get patients to eat healthier and manage conditions.
Throughout her career, Lauren Driscoll has made caring for older adults a priority.
After college, she went to work at a high school in Japan, a country where older people are given higher social status. Her grandmother also served as inspiration for her work, which began when Driscoll pursued a master s in public health at Columbia University in the 1990s.
Driscoll is a veteran of the 1993 Clinton Health Care Task Force, where she helped craft healthcare reform. During her time at Oxford Health Plans (now owned by UnitedHealth Group) and Leavitt Partners, Driscoll has kept an eye on how Medicare, the health insurance for adults 65 and older, has transformed over the past three decades.
Project Well, a new food-as-medicine marketplace designed to materially improve the lives of those suffering from diet sensitive chronic disease and food insecurity, announced today that it has raised seed investment financing from leading food systems, healthcare, and technology investors. Investors include S2G Ventures (S2G), Primetime Partners, Tom Scully, currently at Welsh Carson and former Administrator of CMS, and angel investors from Formation Capital.
External | what does this mean?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Home equity startup fraction Technologies raises C$289 million in debt and equity financing 11 February 2021
Source: Fraction Technologies Fraction Technologies Inc. ( Fraction ), is announcing that it has raised C$289 million in a combination of equity and debt financing from Impression Ventures, Primetime Partners, Global Founders Capital, and Panache Ventures, among others. It will use this funding to launch in Canada, expand its team and technology platform, and prepare for its launch in the U.S.
Fraction Technologies announces $289 million CAD in debt, equity financing as it looks to disrupt reverse mortgages
Vancouver-based startup Fraction Technologies on Wednesday announced $289 million CAD in a mix of equity and debt financing.
Fraction is a startup at the intersection of FinTech and Proptech, focused on providing what it calls “socially conscious financial solutions.”
With the announcement of its funding, Fraction is coming out of “stealth mode” with the launch of its initial product, the Fraction Appreciation Mortgage, which allows customers to convert up to 40 percent of their home equity into tax-free cash.
“The Fraction team impressed us with their breadth and depth of experience in lending.”