Birdie raises over £24m to help with expansion plans

Max Parmentier. co-founder and CEO, Birdie

Home healthcare tech platform Birdie has raised $30m (£24.7m) in Series B funding, with the money being used to help the business expand both in the UK and internationally.

The round, which will be used to accelerate the company’s growth, was led by investment firm Sofina, with OMERS Ventures and follow-on investment from Index Ventures.

Co-founded in 2017 by Max Parmentier, the B-Corp certified company aims to help older people age confidently in their own homes. The platform offers an all-in-one software solution that supports homecare, removing administrative and regulatory burdens placed on care professionals.

The solution helps manage the care process from scheduling visits, creating care plans, preparing audit reports and invoicing to full-service care management, enabling professionals to deliver care safely and efficiently and decreasing time spent on non-critical administration.

‘Our vision has always been to create a world where everyone can age with confidence at home. In five years, we have become the operating system for care providers, building the largest home healthcare dataset for the elderly in Europe. With millions of clinical data points collected each month, we plan on deriving personalised and predictive insights to enable a value-based healthcare delivery model,’ said Parmentier.

‘This latest investment, just over one year from the last round, is not only a validation of Birdie’s growth trajectory, but also an endorsement for the potential of our social impact.’

The latest funding round takes total investment in the business to $52m.

Harold Boël, Sofina chief executive, said: ‘The home healthcare tech sector seems ripe for an innovative leader like Birdie to catalyse the necessary social change. Aligned with our strategy to back growing and sustainable businesses, we’re excited to join them on their mission to enrich the lives of millions of older adults through preventive and personalised care at home.’

Birdie’s team of over 100 employees works with over 700 care businesses, including Alina Homecare, Medacs Healthcare and Care at Home Group, in delivering personalised homecare. The platform supports 35,000 care recipients and 8,000 family members who have access to information about their loved ones.

Stéphane Kurgan, venture partner of Index Ventures, added: ‘We continue to be impressed by the team’s passion, calibre and commitment to social change and are proud to accompany them on their quest to reinvent care for the better.’