Papa

Papa

Support and companionship for older adults

About

At this company, employees engage in meaningful work by providing companionship and support to older adults, helping enhance their quality of life through human connections. The role is vital in reducing loneliness and improving health outcomes, which not only contributes positively to society but also offers a rewarding and impactful work environment. The company's collaboration with health plans and employers further emphasizes its leadership in addressing critical social barriers to health and well-being.

Company Stage

Series D

Employees

501-1,000

Industries

Social Impact, Healthcare

Total Funding

$234.6M

Headquarters

Miami, Florida

Founded

2017


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Simplify's Take

What believers are saying

  • COVID-19 increased demand for digital companionship solutions for seniors.
  • Papa raised $60M in Series C funding led by Tiger Global.
  • The gig economy trend attracts college students to join Papa as companions.

What critics are saying

  • Increased competition from companies like Honor and Care.com.
  • Potential regulatory scrutiny over Papa's gig economy model.
  • Rising operational costs due to inflation may affect competitive pricing.

What makes Papa unique

  • Papa connects college students with seniors for companionship and assistance.
  • The platform offers both virtual and in-person companionship services.
  • Papa focuses on enabling seniors to live independently and securely at home.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

-1%

2 year growth

28%

Benefits

Medical, dental, & vision

HSA/FSA plans

Life & disability insurance

401k

PTO

Family building

Parental leave

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