P

Papa

B2B2C elder companion and support platform

Overview

Papa provides a platform for elder care and companionship, operating through partnerships with health plans and employers. Its core offering is the Papa Pal program, which matches members with companions who help with tasks like transportation, household chores, and teaching technology, while also offering friendship to reduce social isolation. The service is delivered via a B2B2C model that embeds Papa into the healthcare and employee benefits ecosystem, enabling organizations to offer it to their members or employees. Papa distinguishes itself by combining practical support with social connections at scale, using both part-time and full-time Papa Pals to meet demand and integrate with healthcare partners. The company's goal is to improve seniors’ well-being and independence by providing reliable, accessible companionship and everyday assistance through a network of trained companions.

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About Papa

Simplify's Rating
Why Papa is rated
B+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareSocial ImpactHealthcare

Company Size

1,001-5,000

Company Stage

Series D

Total Funding

$240.5M

Headquarters

Miami, Florida

Founded

2017

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Simplify's Take

What believers are saying

  • eternalHealth expanded Papa Plus on August 18, 2026 across Massachusetts and Arizona.
  • Papa's September 3, 2026 news page lists Tembo Health, AVVACare, CareFirst, and Gold Coast.
  • Refresh Miami reported December 30, 2025 Papa works with more than 40 health plans.

What critics are saying

  • Papa still cannot serve most consumers directly; August 16, 2026 pages route them through health plans.
  • Papa's model depends on renewals from 40-plus health plans; contract losses hit revenue immediately.
  • Papa Promise ties pricing to outcomes; missed readmission or Star Ratings targets squeeze margins.

What makes Papa unique

  • Papa Plus, launched March 2026, bundles companion care with outcomes programs and Papa Promise ROI guarantees.
  • Papa reports 3 million visits across 10,000 cities, creating unmatched in-home operating density.
  • Papa serves Medicare Advantage, Medicaid, Special Needs plans, and CMS GUIDE dementia workflows.

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Funding

Total Funding

$240.5M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
$80M
$100M
$150M

Benefits

  • Medical, dental, & vision
  • HSA/FSA plans
  • Life & disability insurance
  • 401k
  • PTO
  • Family building
  • Parental leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Associated Press
Mar 4th, 2026
Papa launches Papa Plus, merging companion care with quality programmes to drive health plan outcomes

Papa, a national leader in in-home support, has launched Papa Plus, integrating companion care services with targeted quality programmes to help health plans engage complex and socially isolated members. The model uses Papa's network of vetted companions to provide both member-directed support and plan-directed tasks like scheduling wellness visits and preventing hospital readmissions. The service addresses "last-mile" barriers that prevent members from completing preventive care, offering health plans a direct engagement channel with guaranteed return on investment. Papa has completed 3 million visits across 10,000 cities. Papa Plus builds on the company's companion care foundation, adding outcomes-aligned technology and reporting. Programmes are available standalone or alongside companion care, with performance-based pricing options to help plans improve quality ratings and member outcomes.

PR Newswire
Jul 13th, 2022
Very Big Things Names Alec Alfonso Senior Director Of Business Development And Strategy

"Digital innovation leverages technology to overcome business challenges, create efficiencies within business processes, and improve the customer experience," said Alec Alfonso, Senior Director of Business Development and Strategy at Very Big Things. "Very Big Things sets the highest standard for developing truly exceptional and innovative software products for its startup and enterprise clients. I am excited to help VBT clients formulate the optimal digital strategy that draws on our expertise in Project Management, Product Design, UX/UI, Front-End and Back-End Development.". Alec Alfonso has over 8 years of Business Development, Sales and Strategy experience within the financial services and insurance industries. Most recently, Alec worked for Lockton Companies and Willis Towers Watson, two of the world's largest insurance broking and consulting firms. There he consulted middle market and enterprise clients on risk mitigation, transfer, and finance strategies. Prior, Alec led business development and strategy at an outsourcing brokerage and consulting startup company. There he led the integration of a new technology platform which digitized customer acquisition. Alec earned his Master's Degree in Business Administration from The University of Florida's Hough Graduate School of Business

Business Wire
Apr 13th, 2021
Papa Announces $60 Million in Series C Funding Led by Tiger Global

MIAMI--(BUSINESS WIRE)--Papa, a family on-demand service providing assistance and companionship to older adults, secures $60M Series C funding led by Tiger Global Management.

GeekWire
Nov 11th, 2020
COVID-19 accelerates tech solutions for lonely seniors, addressing ‘double pandemic’ of isolation

Even before COVID-19 forced us to stay at home and isolate ourselves, too many older adults were suffering with loneliness. Pre-pandemic, some 43% of adults aged 60 and older reported feeling lonely, according to a national study.

Hypepotamus
Sep 25th, 2020
SOUTHEAST FUNDING & TECH NEWS ROUND UP: WEEK OF SEP 21

Catch up on this week's tech and startup headlines from across the Southeast! From fintech to medtech, it's been a big week in funding news.

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