Blooming Health’s $4.2M Fundraising Round

BH’s $4.2M Fundraising

 

In a groundbreaking achievement, Blooming Health proudly announces the successful closure of its oversubscribed $4.2 million seed round on September 6, 2023. This pivotal moment, driven by unwavering community support, propels our mission to revolutionize aging-in-place solutions. Investors like Afore Capital, Crossbeam Venture Partners, Chelsea Clinton’s firm, Metrodora, and angel investor Evan Moore signalize their belief in our vision for a compassionate approach to elderly care. (BH’s $4.2M Fundraising)

Empowering Aging Care Providers

Blooming Health, founded by Nima Roohi, PhD, Kavitha Gnanasambandan, PhD, and Naman Gupta, redefines aging-in-place. Our platform empowers community-based aging care providers with technology, fostering engagement and addressing social needs for thousands. Through AI and data analytics, we deliver personalized services, ensuring wellness check-ins, nutritional support, transportation, and emergency readiness. Blooming Health’s impact extends beyond care, reducing healthcare costs in the $1 trillion aging economy.

Transformative Outreach

Operating across New York, Arizona, Texas, and California, Blooming Health triples social engagement for seniors and saves 15 hours weekly for our dedicated staff. Our expansion into Pennsylvania, Ohio, Indiana, and Michigan, aims to reach 1 million older adults by 2024. We thrive, envisioning a future where aging resonates with dignity, support, and a vibrant sense of community.

Powerful Partnerships

Collaborations with Catholic Charities, AAAs, NYSOFA, Oak Street Health, and the AARP Foundation have enabled Blooming Health to provide over $10 million in services. This includes 350,000 meals and 200,000 programs, amplifying our commitment to shaping a caring future.

Gratitude and Forward Momentum

We extend heartfelt gratitude to investors, partners, advisors, and our community, igniting our passion for this mission. Together, we ensure older adults live independently, supported precisely when they need it. Stay tuned for more updates from Blooming Health.

Nima Roohi Co-Founder and CEO Blooming Health, Inc.