San Bruno, CA (PRWEB) May 05, 2015
CareLinx Inc., a company specializing in home care for the elderly and the chronically ill, announced today that more than 100,000 professional caregivers have registered on the company’s platform, giving the company significant penetration in the top 50 Metro areas.
“The accelerating growth of our nationwide caregiver network is beyond our most optimistic expectations,” said Sherwin Sheik, CareLinx’s founder and CEO. “We have invested very little in direct outreach to caregiving professionals, but word has spread across the country that our platform enables caregivers to earn more money, be selective about the assignments they accept, obtain free $1 million professional liability insurance coverage, and be guaranteed they will be paid for the hours they work. Relying on word-of-mouth referrals, CareLinx has emerged as a trusted brand among caregivers, and we view the unparalleled size and quality of our national network as our most valuable asset."
Sheik, a former Wall Street healthcare industry analyst, founded CareLinx in 2011 after his family struggled to find quality caregivers for a sister suffering from multiple sclerosis and an uncle with ALS. The company manages a national online marketplace linking families to carefully screened caregivers who match their needs and budget requirements. CareLinx allows families to reduce their caregiving costs by up to 50 percent compared to traditional home care agencies, and for its network of caregivers, the opportunity to significantly increase their take-home pay. CareLinx caregivers have passed a comprehensive background check and are covered with $1m professional liability insurance through Lloyd’s of London. The company's customer care representatives work closely with each family and caregiver throughout the hiring process, ensuring both parties are satisfied with the working relationship. Once a caregiver is retained, administrative tasks, including invoicing, care coordination, payroll processing, and household employment taxes, are managed through CareLinx.
CareLinx has received investments from Generator Ventures and Ziegler Link·age Longevity Funds, two prominent venture capital firms focused on aging and long-term care. The investments brings CareLinx’s total capital raise to $5 million, which the company plans to use to expand its staff and launch national marketing initiatives.
Founded in 2011, CareLinx is a healthcare services provider focused on improving access to affordable, quality home care for the elderly and chronically ill. Through its nationwide professional caregiver marketplace, families can easily find, hire, manage and pay caregivers who match their needs and budget -- and caregivers who have passed CareLinx's comprehensive screening process can find care assignments that meet their hourly wage and scheduling preferences. More than just an online marketplace, CareLinx has a team of customer care representatives that works closely with each family and caregiver throughout the hiring process. Once a caregiver is retained, families and caregivers can easily manage administrative tasks, including invoicing, care coordination, payroll processing, and household employment taxes, through CareLinx. Family members can see all the tasks their caregiver is doing on a daily basis via the CareLinx platform, thus giving them piece of mind that their loved one is receiving quality care, regardless if they live across the country or are working full-time. The San Bruno, CA-based company currently works with families in the top 50 metropolitan areas across the United States and can be found online at http://www.carelinx.com and @CareLinx.