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.”
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.”
CareGuide Continues to Break the Rules as it Gobbles Up Canadian Competitor
“CareGuide has acquired CanadianNanny, the country's most popular nanny matching service.”
CareGuide Raises $1 Million From RBC in a Way That Few Canadian Startups Can
“Today, CareGuide announced that it has raised $1 million in capital, as well as additional financial services, from RBC, the largest bank in Canada. The debt financing brings CareGuide’s total funding to $6 million in the last year, after previous closes in March and July last year.”
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.”
Ryan Holmes Wants to Launch the First Angel List Syndicate in Canada
“John Philip Green was fed up. The founder of Toronto’s CareGuide had raised a significant seed round last year from prominent investors in the U.S. and Canada. But it wasn’t easy.”
CareGuide Sets Sight on Rapid Growth
"Toronto-based CareGuide has closed its seed round and attracted venture backing from 35 prominent investors in Canada and the US."