Grayce, a social care platform based in San Francisco, CA, has successfully raised $10.4 million in Series A funding. The funding round was led by Maveron, with additional participation from BBG Ventures, Correlation Ventures, GingerBread Capital, Alumni Ventures, Visible Ventures, Gaingels, and What If Ventures.
Funding Utilization
Grayce plans to use the funds to scale its platform, enhance its employer solutions, improve the member experience, and enter the payer market.
Company Background
Founded by Julia Cohen Sebastien and Kassidee Kipp, Grayce provides a comprehensive social care platform designed to support family caregivers in managing and navigating the complexities of caregiving. The platform aims to reduce stress and address unmet needs in medical care.
Services and Features
Grayce offers personalized support for each member through dedicated social workers who manage their comprehensive care needs. This support includes:
– Planning and Prioritizing: Helping families organize and prioritize caregiving tasks.
– Resource Identification: Connecting caregivers with necessary resources.
– Care Coordination: Managing various aspects of caregiving to ensure seamless care.
– Advocacy: Acting on behalf of caregivers to ensure they receive the best possible support.
For example, Grayce can assist families in navigating eldercare for aging parents, covering aspects such as housing, in-home support, financial planning for care, treatment options, and social support.
The platform also provides educational content tailored to each member, connections to a peer community, access to a marketplace of caregiving resources, and productivity tools to streamline caregiving tasks.
Conclusion
As I conclude, with this significant funding boost, Grayce is poised to expand its reach and impact, enhancing its platform to better serve caregivers and entering new markets to broaden its support network.