Press release -
SeniorHomes.com Poised for Rapid Growth, Closes Series B Financing
SeniorHomes.com, the most comprehensive resource for seniors and their families searching for senior care or housing, today announced that it has secured $3 million in additional financing to accelerate the company's growth. The financing was raised from MentorTech Ventures and other institutional and angel investors. This new financing adds to the $1.6 million raised in May 2010, bringing the company's total funding to $4.6 million.
Founded in 2009, SeniorHomes.com has seen rapid growth in its first two years and has ambitious plans to expand its comprehensive directory of senior housing and care services to a nationwide audience. This latest round of financing will be used to launch new markets across the United States and develop additional categories serving the needs of aging adults.
"SeniorHomes.com currently operates in approximately 30 of the nation's 50 largest metropolitan areas." says Chris Rodde, CEO of SeniorHomes.com. "In the markets in which we operate today, we’ve seen great demand for our services by seniors and their families, at a time when many families are faced with making difficult choices without the advantage of advanced planning. Our exceptional team of care advisors helps families navigate what can otherwise be an overwhelming amount of information with ease and understanding."
SeniorHomes.com offers hundreds of expert-written articles in addition to its senior housing directory, offering an invaluable free resource to seniors, spouses and adult children who find themselves making healthcare decisions for a loved one. In addition, the site is an excellent tool for baby boomers and other adults seeking to make informed decisions regarding their own care in advance.
- Business enterprise, General
- assisted living
- independent living
- investment financing
- memory care
- nursing homes
- retirement community
- senior care
- senior housing
SeniorHomes.com (www.seniorhomes.com) is a free resource for people looking for senior housing or senior care for a loved one or themselves. With valuable, expert-written articles, a comprehensive directory of care options and a free advisor service, SeniorHomes.com is the best place to start your search for assisted living, independent living, Alzheimer's care or a retirement community.