FreedomCare

FreedomCare

Home-based caregiver hiring and payment platform

Overview

FreedomCare operates in the home care services market, focusing on Medicaid beneficiaries in New York. It enables people who need daily living assistance to hire a family member or trusted friend as their caregiver. The caregiver is then paid for their services, with immediate payment after each shift, providing financial stability. The core clients are Medicaid recipients who can choose caregivers from among relatives or close connections, including spouses or parents of a child under 21. The company partners with Medicaid and health plans to manage the caregiving process, ensuring prompt payments and high-quality, personalized care. Its goal is to improve home-based care experiences for patients while supporting the financial well-being of informal caregivers by integrating them into a structured, Medicaid-funded system.

About FreedomCare

Simplify's Rating
Why FreedomCare is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Enterprise Software

Fintech

Healthcare

Company Size

501-1,000

Company Stage

N/A

Total Funding

$75K

Headquarters

North New Hyde Park, New York

Founded

2016

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Simplify's Take

What believers are saying

  • Michigan launch on June 24, 2025 opens a new Medicaid growth market.
  • FreedomCare operates across 15 states, including Arizona, Illinois, and Pennsylvania.
  • Instant caregiver payment strengthens recruitment versus slower home-care competitors.

What critics are saying

  • New York’s CDPAP shift to PPL kills FreedomCare’s core state franchise.
  • On October 21, 2025, New York’s court upheld the bidding process against FreedomCare.
  • Employee reviews cite major layoffs in April 2025, signaling operational contraction.

What makes FreedomCare unique

  • FreedomCare monetizes Medicaid self-directed care, not traditional agency staffing.
  • It lets families pick trusted caregivers and receive same-day pay.
  • The company expanded beyond New York into Michigan’s Home Help Program in June 2025.

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Funding

Total Funding

$75k

Above

Industry Average

Funded Over

0 Rounds

Benefits

Health Insurance

401(k) Retirement Plan

Hybrid Work Options

Wellness Program

Professional Development Budget

Company News

NewsBreak
Jul 30th, 2025
Michigan Medicaid Members: You May Be Eligible to Get Paid to Care for a Loved One at Home

FreedomCare, a leading provider of in-home care services, has officially launched its support for the Michigan Medicaid Home Help Program.

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