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Connell C - LB Mar 2022

Social care software firm Birdie raises $30m

Image from Birdie’s Facebook page

Home care software provider Birdie has raised $30 million in a Series B funding round led by investment firm Sofina, with participation from Omers Ventures and existing investor Index Ventures.

The funding will be used for expansion in the UK and internationally. It brings the total raised by Birdie since being founded in 2017 to $52 million. The company’s last funding round was in May last year when it raised £8.2 million from Index Ventures and Kamet Ventures. Birdie also raised in November 2018 led by AXA.

Birdie provides care workers a with digital tools to support their work by streamlining administration and patient management, while enabling real-time visibility into care events, helping keep family members informed of details around residents’ care.

Birdie stated it works with 700 UK care businesses whose staff deliver “millions” of visits a month to around 35,000 care recipients and 8,000 family members. Over the past 12 months, the company said, it has seen demand for Birdie technology increase by three fold.

Birdie’s co-founder and chief executive Max Parmentier stated: “In five years, we have become the operating system for care providers, building the largest home healthcare dataset for the elderly in Europe. With millions of clinical data points collected each month, we plan on deriving personalised and predictive insights to enable a value-based healthcare delivery model.

“This latest investment, just over one year from the last round, is not only a validation of Birdie’s growth trajectory, but also an endorsement for the potential of our social impact.”

Stéphane Kurgan, venture partner of Index Ventures added: “What really sets Birdie apart is the combination of an intuitive product experience coupled with a true partnership approach to digital transformation. We continue to be impressed by the team’s passion, calibre and commitment to social change and are proud to accompany them on their quest to reinvent care for the better.”

Harold Boël, chief executive of Sofina said: “The home healthcare tech sector seems ripe for an innovative leader like Birdie to catalyse the necessary social change. Aligned with our strategy to back growing and sustainable businesses, we’re excited to join them on their mission to enrich the lives of millions of older adults through preventive and personalised care at home.”

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