Abby Care has raised $82 million in Series C funding to expand its technology-enabled home care platform, which allows family members to become trained and compensated caregivers for relatives with complex care needs. The round was led by Transformation Capital, with participation from CVS Health Ventures, Frist Cressey Ventures, Pivotal Ventures and existing investors including Khosla Ventures, Thrive Capital and Sequoia Capital.
The company's model addresses persistent shortages of home health aides and direct care workers by enabling family members who already provide informal support to become certified paid caregivers. Abby Care manages screening, onboarding, training and certification in accordance with applicable state regulations and Medicaid home- and community-based services requirements. This approach aims to increase available caregiving capacity while allowing patients to remain in familiar home environments.
Abby Care combines family-delivered care with professional clinical oversight. Registered Nurse Care Managers supervise individualized care plans, monitor patient health information and provide guidance to caregivers. The model is designed to identify changes in patients' conditions earlier, support preventive interventions and potentially reduce avoidable emergency department visits and hospitalizations.
Technology also plays a central role in the platform. Abby Care uses digital documentation and automated verification tools to track care delivered in the home, helping health plans maintain visibility into services and comply with program requirements. These capabilities are particularly important for Medicaid and other publicly funded home care programs, where accurate reporting and verification of caregiving services are essential.
The funding will support Abby Care's expansion as insurers increasingly invest in home-based care models for members with long-term and complex health needs. By combining family caregiver compensation, clinical supervision and digital monitoring, the company aims to provide an alternative to traditional home care arrangements while helping health plans manage costs associated with hospitalizations and long-term institutional care.
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