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Abby Care raises $82 million to pay family caregivers

Original: Startup Abby Care raises $82 million to turn family members into paid caregivers

Startup Abby Care has raised $82 million to expand a model that pays family members to care for loved ones at home. The funding signals growing investor interest in home-based eldercare, as aging populations and caregiver shortages push families toward solutions that compensate relatives for care work already being done informally.

Why now: The large funding round for an alternative caregiving model is newsworthy amid rising demand for eldercare

Abby Care

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