Homage, the caregiving-focused startup, has raised a $30 million Collection C led by Sheares Healthcare Group, which is wholly-owned by funding agency Temasek. Different individuals included new traders DG Daiwa Ventures and Sagana Capital, and returning backers East Ventures (Progress), HealthXCapital, SeedPlus, Trihill Capital and Alternate Ventures.
The brand new funding will likely be used to develop Homage’s expertise, proceed integrating with aged and incapacity care payer and supplier infrastructure and speed-up its regional enlargement by means of partnerships with hospitals and care suppliers. Homage at present operates in Singapore, Malaysia and Australia.
The Singapore-based firm’s companies embody residence visits from caregivers, nurses, therapists and medical doctors; telemedicine; and companies for power diseases. One of many causes Homage’s platform is ready to scale up is its matching engine, which helps shoppers, like older adults and other people residing with power situations, discover suppliers who’re finest suited to their wants (the ultimate matches are made by Homage’s staff).
The startup says the spherical was oversubscribed and one of many largest fundings raised by an on-demand care platform in Southeast Asia and Oceania to this point. It brings Homage’s whole raised to greater than $45 million.
As a part of Collection C, Sheares Healthcare Group chief company growth officer Khoo Ee Ping will be part of Homage’s board of administrators.
Homage now has a regional community of greater than 6,000 pre-screened and skilled care professionals. It claims that its enterprise outdoors of Singapore has grown greater than 600% year-over-year in 2021, and it has greater than tripled income over the previous 12 months.