CareGuide

Toronto, Canada Founded: 2012 • Age: 14 yrs
An online platform is operated to match care-seekers with providers.

About CareGuide

CareGuide is a Business Services company based in Toronto (Canada) founded in 2012. It operates as an an online platform is operated to match care-seekers with providers. It operates on a Two-Sided Marketplace model. CareGuide has raised $15.3 million across 6 funding rounds from investors including Canadian Imperial Bank of Commerce, Royal Bank of Canada and FJ Labs. CareGuide has completed 2 acquisitions, including Canadian Nanny and Haelan. Its website careguide.com draws about 46 thousand monthly visits. CareGuide offers products and services including Child Care, Home Care, Pet Care, Elder Care, and Payroll Services. Its focus areas include Healthcare, Personal Care Services and Family and Elder Care. Its legal entity is CareGuide Inc. Its competitors include CubbySpot, SOS Sitter, Canadian Nanny, Need a Sitter and 4-1-Nanny.

Company details

CareGuide is managed as a digital platform that connects caregivers with individuals and families seeking care services. Various care needs, including child care, elder care, pet care, and home care, are addressed through its network. Additionally, payroll services are provided to streamline administrative tasks for caregivers and employers. The platform operates across North America, ensuring trust and safety through secure communication tools. Sectors such as personal and family care are primarily served by facilitating dignified and legal employment opportunities for caregivers.

Key Metrics

Products & Services of CareGuide

CareGuide offers a comprehensive portfolio of products and services, including Child Care, Home Care, Pet Care, Elder Care, and Payroll Services.

Child Care
Care Services

Child care services are provided for families needing support.

Home Care
Care Services

Home care solutions are offered for household assistance needs.

Pet Care
Care Services

Pet care services are facilitated for pet owners' convenience.

Elder Care
Care Services

Elder care support is provided for aging individuals' needs.

Payroll Services
Administrative Services

Payroll services are managed to simplify caregiver payments.

Funding Insights of CareGuide

CareGuide has successfully raised a total of $15.3M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $5.3 million completed in July 2022. 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 $15.3M
  • Total Rounds 6
  • Last Round Series A β€” $5.3M
  • Investors Count 27

All 6 funding rounds of CareGuide with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2022$5.3MSeries A––
–
May 2019$6MSeries A–Inovia Capital, Plaza Ventures
Jun 2015$1MDebt – Conventional––
Mar 2015$2.5MSeed–Inovia Capital, Two Small Fish Ventures
Oct 2014$1.5MSeed––
Jul 2014–Seed––
–
Valuation history

27 investors in total: 10 institutional and 17 angel.

Investors in CareGuide

CareGuide has secured backing from 27 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, Royal Bank of Canada and FJ Labs.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments are made in early-stage technology companies by Inovia Capital.
–inovia.vcMontreal, Canada
Growth-stage venture capital investments are made in revenue-positive companies.
–plaza.venturesToronto, Canada
Company investments and philanthropy are managed by the family office.
–conconi.caVancouver, Canada
Seed and early-stage tech investments in the US are targeted.
–structure.vcSan Francisco, United States
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
2007fjlabs.comNew York, United States
Venture capital and acceleration are provided to tech startups.
–500.coHo Chi Minh City, Vietnam
Investments in venture capital, private equity, and real estate are conducted by Hedgewood using its own capital.
–hedgewood.com-
Early-stage technology companies are funded by this venture capital firm.
–twosmallfish.vcToronto, Canada
Commercial banking services are provided to individuals and businesses.
1867cibc.comToronto, Canada
Comprehensive banking and financial services are provided globally.
1864rbc.comToronto, Canada
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Investor details for CareGuide

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People of CareGuide

16 people are tracked at CareGuide (5 in leadership, 11 in team).

NameRoleGroup
Emir Hasanbegovic
CTOLeadership
Ryan Johnson
Director of EngineeringLeadership
Ali Dinani
CEOLeadership
Ken Scott
Chief Financial OfficerLeadership
Charing Wong
Director Of ProductLeadership
Jessica Okorn
Manager, People, Culture & BelongingTeam
Nikita Ulybin
Full Stack EngineerTeam
Joel Parikh
Engineering ManagerTeam
Justin Bellefontaine
Design ManagerTeam
Aaron Klassen
QA Automation EngineerTeam
Steve Lo
Full Stack EngineerTeam
E-Xuan Chen
Marketing ManagerTeam
Nanny Lane
Product DesignerTeam
Hosanna Yonas
Performance Marketing SpecialistTeam
Diedrick Ngendahayo
Full Stack EngineerTeam
Yasmin Chowdhury
Product DesignerTeam
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Investments & Acquisitions by CareGuide

CareGuide has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Canadian Nanny and Haelan.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Online platform for child care and other homecare services
canadiannanny.caVancouver, Canada2002Nov 2014β€’β€’β€’β€’
Provider of healthcare consulting services
haelan.comClifton, United States2004Nov 2006β€’β€’β€’β€’
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  • Exports

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Timeline of CareGuide

5 dated milestones of CareGuide across 16 years, from founding to its latest funding, stage changes and deals.

  1. Acquisition Acquires Haelan.
  2. Founded CareGuide is founded.
  3. Funding First funding round.
  4. Acquisition Acquires Canadian Nanny.
  5. Funding Latest funding round, Series A, of $5.3M.

Competitors of CareGuide

CareGuide has 5 listed competitors in our database. They include CubbySpot, SOS Sitter, Canadian Nanny, Need a Sitter and 4-1-Nanny, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cubbyspot.com2015Toronto, Canada––
Marketplace for daycare centers
sossitter.ca2009Pointe Claire, Canada––
Operates an online listing platform for caregivers in Canada.
canadiannanny.ca2002Vancouver, Canada––
Online platform for child care and other homecare services
needasitterapp.com2017Calgary, Canada––
Operates as an online listing platform for caregivers in Canada.
4-1-nanny.com2003Toronto, Canada––
Operates an online platform for listing and connecting with care providers.
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Detailed competitors of CareGuide

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Web traffic of CareGuide

The website of CareGuide (careguide.com) receives about 45.5K visits a month.

  • Monthly visits
    45.5K

    ▼ 44.2% vs previous month

Similar websites

Websites whose visitors overlap most with CareGuide. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
aarp.org
100%
40.9M#751View details
medicare.gov
medicare.gov
100%
–#3,794–
wellspouse.org
wellspouse.org
92%
–#3,991,693–
elderweb.com
elderweb.com
88%
–––
caregiver.com
caregiver.com
86%
–#1,948,269–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 20 similar websites and full traffic analytics for CareGuide

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Top companies in Local & Community Services

10 companies that operate in the same segment as CareGuide (Local & Community Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Customers are connected with vetted professionals for on-demand home services.
2014Gurugram, Haryana, IndiaUSD 376.49 MUSD 165.84 M2,111
App-based pet sitting marketplace
2011Olympia, Washington, United StatesUSD 409.19 M––
Fitness class memberships are offered across various gyms and studios.
2013New York, New York, United StatesUSD 550 M–969
Platform for discovering and sharing local businesses
2004San Francisco, California, United StatesUSD 56 MUSD 1.46 B5,120
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 511.55 MUSD 172.66 M4,353
App based platform to connect users with local service professionals
2008San Francisco, California, United StatesUSD 698.85 M–1,807
Online catering marketplace for enterprises
2007Boston, Massachusetts, United StatesUSD 435.92 M–923
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
Operates and franchises fitness clubs
2002–USD 4.49 M–340
Online marketplace that provides home repair & maintenance services
2012New York, New York, United StatesUSD 112.67 M––
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Related news about Careguide

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Frequently Asked Questions about CareGuide

CareGuide was founded in 2012 and raised its 1st funding round 2 years after it was founded.

CareGuide is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

CareGuide is a funded company, having raised a total of $15.3M across 6 funding rounds to date.

CareGuide is managed as a digital platform that connects caregivers with individuals and families seeking care services. Various care needs, including child care, elder care, pet care, and home care, are addressed through its network. Additionally, payroll services are provided to streamline administrative tasks for caregivers and employers. The platform operates across North America, ensuring trust and safety through secure communication tools. Sectors such as personal and family care are primarily served by facilitating dignified and legal employment opportunities for caregivers.

CareGuide's top competitors include CubbySpot, Canadian Nanny and SOS Sitter.

CareGuide offers Child Care, Home Care, Pet Care, Elder Care, and Payroll Services.

CareGuide has made 2 acquisitions, including Canadian Nanny, and Haelan.

CareGuide has 27 investors. Key investors include Canadian Imperial Bank of Commerce, Royal Bank of Canada, FJ Labs, Inovia Capital, and Plaza Ventures.

CareGuide operates through Careguide Inc..

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