Lottie, a comparison website for residential care and independent living has reached a valuation of £45 million after raising more than £6 million in its latest funding round.
Led by one of the largest US venture capital firms and former Airbnb backer, General Catalyst, Lottie has raised £6.125 million to power national expansion of the platform, invest in new digital tools for care providers, make further inroads into the thriving retirement living sector and supercharge the growth of Seniorcare, the company’s eldercare employee benefit portal.
Led by one of the largest US venture capital firms and former Airbnb backer, General Catalyst, Lottie has raised £6.125 million to power national expansion of the platform, invest in new digital tools for care providers, make further inroads into the thriving retirement living sector and supercharge the growth of Seniorcare, the company’s eldercare employee benefit portal.
This newest capital injection is an extension of a £2.5 million seed round which initially closed in January 2022, led by early stage venture capital firm Kindred.
Having raised £9.025 million to date (pre-seed and seed), the company is transforming the confusing and complicated landscape of social care in an effort to help families minimise the time, stress and cost of finding quality compassionate residential care, is now worth £45 million, and employs ten times as many staff as it did in November 2021, with 40 team members on the books.
