Abby Care, which runs a clinically led, AI-powered platform to train and certify family caregivers, raised an $82M Series C led by Transformation Capital

Family members providing paid care for loved ones can now access specialized training and certification, potentially improving care quality and reducing out-of-pocket expenses.

Abby Care, an AI-powered platform that trains and certifies family members to become paid caregivers, has secured $82 million in Series C funding. The round was led by Transformation Capital and included participation from new investors CVS Health Ventures, Frist Cressey Ventures, and Pivotal Ventures, as well as existing investors Khosla Ventures, Thrive Capital, and Sequoia. Founded in 2022 by Havi Nguyen, Abby Care operates as a Medicaid provider, aiming to address the significant labor shortages in the home care sector. The company partners with health plans to facilitate in-home care for families, with the goal of creating a more efficient and supportive healthcare system for vulnerable populations. The funding will support Abby Care's mission to empower family caregivers and improve the delivery of home-based healthcare services.

The substantial Series C funding for Abby Care highlights a growing investor confidence in leveraging AI to professionalize and scale the informal family caregiving workforce. This trend suggests a potential shift in how home healthcare is structured, moving towards more integrated models that utilize existing familial support networks augmented by technology. Such a model could alleviate pressure on traditional home health agencies and address the persistent caregiver shortage, especially for medically complex patients.

This development signifies a broader market opportunity for companies that can bridge the gap between family willingness to provide care and the need for professional-level skills and certification. The involvement of major health insurers and venture capital firms indicates that innovative care delivery models, supported by AI and focusing on family engagement, are becoming increasingly attractive. Investors are likely betting on these platforms to improve patient outcomes and reduce overall healthcare costs by enabling more consistent, in-home care.