Helpful

Helpful

Verified
Simplifies family caregiving by providing a user-friendly platform that combines a loved one's insurance benefits and medical records. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$30—45m (Dealroom.co estimates Aug 2023.)
Cambridge Massachusetts (HQ)
  • Edit
DateInvestorsAmountRound
*

$7.5m

Seed
Total Funding000k

Recent News about Helpful

Edit
More about Helpfulinfo icon
Edit

Helpful is a startup that aims to simplify the complex and often overwhelming task of family caregiving. The company has developed an app that serves as a personalized caregiving tool, designed to help users manage the health benefits, medical visits, prescriptions, and overall care of their aging parents or spouses. The app integrates insurance benefits and medical records into a single, user-friendly platform, making it easier for caregivers to stay organized and informed.

Helpful primarily serves family caregivers, a demographic that includes millions of people who are responsible for the well-being of their elderly loved ones. This market is substantial and growing, driven by an aging population and the increasing prevalence of chronic diseases. The app is particularly useful for those who are managing complex healthcare needs and multiple medical appointments.

The business model of Helpful revolves around partnerships with insurance providers and healthcare organizations. The app supports Medicare A and B, VNS Health, and is continuously adding new insurance partners. By integrating with these insurance plans, Helpful provides users with valuable insights into their loved ones' benefits and medical records. This integration not only enhances the caregiving experience but also ensures that users are making the most of their insurance coverage.

Helpful generates revenue through a combination of subscription fees and partnerships with insurance companies and healthcare providers. Users may pay a monthly or annual fee to access premium features of the app, while insurance companies and healthcare providers may pay for integration and data-sharing services. This dual revenue stream ensures a steady income while providing value to both end-users and institutional partners.

In summary, Helpful is revolutionizing family caregiving by offering a comprehensive, easy-to-use app that integrates health benefits and medical records. It serves family caregivers, operates in the healthcare market, and makes money through subscriptions and partnerships.

Keywords: caregiving, healthcare, app, insurance, medical records, family, aging, Medicare, prescriptions, organization.