Cariloop is a company based in Richardson, Texas, specializing in caregiver support through a comprehensive platform. Founded in July 2012 by Michael Walsh and Steven Theesfeld, Cariloop has successfully raised significant funding, including a recent $20 million Series C round. The platform aims to assist families in managing care needs by providing employer-sponsored, digitally-powered support. Notably, Cariloop's service is recognized for enhancing employer benefits packages and addressing caregivers' mental health and stress-related aspects.
| Attribute | Information |
|---|---|
| Founding Date | July 2012 |
| Headquarters | Richardson, Texas |
| Founders | Michael Walsh, Steven Theesfeld |
| Revenue | Over $5 million |
| Profits | Not publicly disclosed |
| Key Investors | ABS Capital, Noro-Moseley Partners, KCRise Fund |
| Industry | Health and Wellness, Caregiving |
| Number of Employees | Not publicly disclosed |
Cariloop was established in July 2012 by Michael Walsh and Steven Theesfeld. It initially focused on connecting individuals with care providers via a digital platform launched in 2014, following graduation from the Health Wildcatters accelerator program and a successful $400,000 seed funding round. By 2015, Cariloop pivoted towards a comprehensive caregiver support approach, integrating healthcare coaching and a secure online case management portal into its offerings. The foundational years laid a strong emphasis on building a robust, user-focused platform capable of addressing complex caregiving challenges.
Cariloop operates primarily within the caregiving sector, providing digitally-driven solutions to simplify caregiving responsibilities. Its platform is designed to support employees by integrating directly into employer benefits, thereby enhancing workforce wellbeing and productivity. Key achievements include:
In terms of market operations, Cariloop distinguishes itself by offering an advanced, all-encompassing caregiver support platform that largely targets corporate clients to enhance their employee benefits. The company's latest funding round is poised to expand its market reach, specifically aiming for a broader national and potentially international footprint. Strategically, Cariloop focuses on strengthening its workforce through experienced hires and enhancing its technological infrastructure to better meet the needs of caregivers and employers.
Cariloop has emerged as a pivotal entity in the caregiving and health management industry. Its comprehensive, employer-integrated solutions are setting new standards in employee wellbeing and support. As the company moves towards profitability with strategic expansions, it also maintains its commitment to environmental sustainability and corporate responsibility. With its robust growth trajectory and forward-thinking initiatives, Cariloop is well-positioned to continue its impactful presence in the caregiving domain.