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 B 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

  • FreedomCare launched Michigan Home Help support on June 24, 2025.
  • Its 2026 site lists 15 states, showing continued geographic expansion.
  • Medicaid-funded instant caregiver pay remains attractive to families and referral partners.

What critics are saying

  • New York courts upheld PPL's CDPAP award on October 21, 2025.
  • That ruling threatens FreedomCare's largest historical market and revenue base.
  • Employee reviews cite major layoffs in April 2025, signaling contraction and execution strain.

What makes FreedomCare unique

  • FreedomCare built a family-caregiver model across 15 states by 2026.
  • It handles Medicaid enrollment, payroll, and compliance for self-directed home care.
  • Michigan Home Help and Ohio Next Generation MyCare extend its program-specific expertise.

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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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