About Almost Family
Almost Family is a company based in Cape Town (South Africa) founded in 1976 was acquired by LHC Group in November 2017.. Almost Family has raised $500 thousand across 1 funding round from investors including LHC Group. Almost Family has completed 8 acquisitions, including Apex Home Healthcare Services, Cambridge Home Health Care and Imperium Health. Almost Family operates in a competitive market with competitors including Upward Health, Maxim Healthcare, Envision Healthcare, Addus HomeCare and BrightSpring Health Services, among others.
- Headquarter Cape Town, South Africa
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Almost Family Inc
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Annual Revenue
$796.97 M28as on Dec 31, 2017
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Net Profit
$20.41 M16as on Dec 31, 2017
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EBITDA
$29.22 M-18as on Dec 31, 2017
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Unspecified
Jul 30, 2012
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Apex Home Healthcare Services
& 7 more
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Acquired by
LHC Group
(Nov 16, 2017)
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Leadership Team
100 people
Software Development Team
51 people
Operations Team
37 people
Sales and Marketing
33 people
Finance and Accounting
10 people
Human Resources and Administration
8 people
Business Team
7 people
Data Analysis and Operations Team
6 people
Unlock access to complete
Funding Insights of Almost Family
Almost Family has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $500 thousand completed in July 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Unspecified — $500,000
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First Round
First Round
(30 Jul 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Unspecified - Almost Family | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Almost Family
Almost Family has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include LHC Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of home nursing care services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Almost Family
Almost Family has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Apex Home Healthcare Services, Cambridge Home Health Care and Imperium Health. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Health management consulting, data support, and audit services are provided.
|
2010 | ||||
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Home nursing care services are provided in the United States.
|
2006 | ||||
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Medical consultations are provided to patients at home or work.
|
2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Almost Family
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Almost Family Comparisons
Competitors of Almost Family
Almost Family operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Upward Health, Maxim Healthcare, Envision Healthcare, Addus HomeCare and BrightSpring Health Services, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-site care is delivered to members via an online platform.
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| domain | founded_year | HQ Location |
Home healthcare staffing and medical recruiting services are provided.
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| domain | founded_year | HQ Location |
Cloud-based healthcare analytics solutions are provided by EnvisionHealth.
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| domain | founded_year | HQ Location |
Hospice services are delivered at home by Addus HomeCare.
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| domain | founded_year | HQ Location |
Rehabilitation, home health, and hospice services are provided nationwide.
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| domain | founded_year | HQ Location |
Nationwide community-based post-acute care services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Almost Family
Frequently Asked Questions about Almost Family
When was Almost Family founded?
Almost Family was founded in 1976 and raised its 1st funding round 36 years after it was founded.
Where is Almost Family located?
Almost Family is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Is Almost Family a funded company?
Almost Family is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Unspecified of $500K, raised on Jul 30, 2012.
What is the annual revenue of Almost Family?
Annual revenue of Almost Family is $796.97M as on Dec 31, 2017.
What does Almost Family do?
Almost Family was founded in 1976 and is headquartered in Cape Town, South Africa. Operations focus on the healthcare sector, where rehabilitation services are delivered to support patient recovery. These services encompass physical therapy, occupational therapy, and related care, primarily within the South African market. The company maintains an online presence through almostfamily.com to facilitate access to its offerings.
Who are the top competitors of Almost Family?
Almost Family's top competitors include Upward Health, Envision Healthcare and Nest Health.
How many acquisitions has Almost Family made?
Almost Family has made 8 acquisitions, including Apex Home Healthcare Services, Cambridge Home Health Care, and Imperium Health.
Who are Almost Family's investors?
Almost Family has 1 investor. Key investors include LHC Group.