Naborforce Closes $9M Series A Round

Naborforce is an elder care tech company headquartered in Richmond, VA. Naborforce is a startup that is bringing innovative solutions to older people who still wish to live independently. Naborforce has now had a successful Series A financing round that closed at $9 million, according to PR Newswire. The financing round was led by Translink Capital, a venture capital firm in Palo Alto. This is an exciting step for Naborforce, which is now entering a new stage of growth.

What is Naborforce?

What is Naborforce? Naborforce is an innovative elder care technology company that is the first of its kind to offer community-based elder care services to a wider customer base. 

In days past, people could rely on family, friends, or neighbors to help keep an eye on aging people. In today’s fast-paced world, this is just not possible for most families anymore. Also, many older people today wish to remain as independent as possible, but may still need assistance with some tasks. Naborforce helps fill the gap between living independently and needing full-time assistance. 

How does Naborforce work? 

Naborforce connects older people that need help with assistants, or “Nabors”. First, a profile is made online or over the phone. Then, Naborforce will match the client with a Nabor, who will then assist the client with various tasks and outings. Nabors are fully vetted for safety and security. Naborforce has found an inventive way to find elder care for their clients using the power of community. 

Naborforce is the only platform of its kind to offer this kind of service. Eric Hsia, Managing Director of Translink Capital said, “…Naborforce is the future of aging at home. The company unleashes the power of communities around the country when they have the support of a platform that is able to connect those in need of a friendly hand with those ready to respond.”

Independent Living for Older Adults

More and more baby boomers are retiring every day now, and they’ll need help and care as they age. Thanks to Naborforce, which has locations in seven cities, these retirees will have the assistance they need. Nabors help with tasks like light housework, running errands, rides around town, attending doctor appointments, attending social events, and much more. Naborforce is providing a much-needed service to an entire generation of older people who wish to remain as independent as possible. 

Naborforce’s Financing Success

Elder tech is a growing industry right now. It is an exciting time to invest in these companies that are providing new and innovative solutions to the unique challenges older people are faced with today. It will be exciting to see how Naborforce grows now that they have had this amazing round of funding with Translink.