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CareGuide Spins Off Caregiver Payroll Services to Form HeartPayroll

“CareGuide has always been a company unafraid to play in multiple marketplaces at once. Since its inception, launching in five different markets at once, the company has looked for novel approaches to accelerate growth for its suite of home care services. Today, CareGuide announced another novel move to expand its offering to the wider “care” market — this time in the FinTech space.”

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CareGuide Makes Strategic Investment In Fellow Startup Qimple

“Toronto’s CareGuide is known for making its own road. The care marketplace startup, which has a portfolio of sites like Sitter.com and Housekeeper.com, has taken a unique approach to fundraising and growth: predominantly raising $4 million in seed funding from over 70 angel investors, and convincing RBC to supply $1 million in debt financing to gobble up the competitor which inspired its business. Today, CareGuide announced a strategic investment in Moncton-based Qimple.”

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BetaKit The CareGuide Team BetaKit The CareGuide Team

CareGuide Raises Another $2.5 Million, Ponders Acquisitions

“When we last checked in with Toronto’s CareGuide, it was in the midst of closing a $1.5 million seed round from an impressive list of over 50 investors. Today, the startup has announced a second close of its seed round, adding an additional $2.5 million in equity and debt financing to its coffers. CareGuide’s total financing now stands at $5 million, while the investor crowd has grown from 50 to 70.”

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