Startup Abby Care raises $82 million to turn family members into paid caregivers
Source: Fortune ·
Transformation Capital and CVS Health Ventures join the novel bet on filling the caretaking gap.
From the source
As a kid, Havi Nguyen sometimes missed school to translate at doctor’s appointments, and was managing Medicaid paperwork for her family, who had recently immigrated from Vietnam. Whatever life in a new country threw at them, Nguyen as the eldest daughter was there—and the labyrinthine American health care system featured prominently in her world. At 21, she started working at an early-stage health tech startup focused on therapy for children with autism. It was the depths of COVID, and it was clear to Nguyen there was a gap: There just weren’t enough therapists and technicians, and sometimes they would move on rapidly from one gig to another. “The question I kept asking myself was: Who’s that one person in the child’s life who’s not going to turn away, and is able to be with them to deliver that care?” Nguyen said. “Parents were always willing to raise their hand and step up. They would consistently ask us: Is there a way for me to learn these skills? So, I thought: Could we design a…