Richmond startup Naborforce has closed a $9 million Series A round with aims to expand its services across the country.
The company’s tech-based platform links aging adults to a network of “nabors” for social engagement and on-demand support with errands, transportation, help around the house and other tasks.
The new round of financing was led by Palo Alto, California’s Translink Capital and included participation from existing investors Claritas Capital of Nashville, Tennessee; Houston’s The Artemis Fund; and Boulder, Colorado’s Techstars. Prior to the Series A round, Naborforce had raised $3.3 million since its founding in 2018, according to Crunchbase.
Naborforce said in an announcement it will use the new funding to invest in its technology, grow its staff and press into new markets.
Founder and CEO Paige Wilson told Richmond Inno in May she was looking to expand Naborforce into six additional markets by the end of the year. Its networks are currently running in cities…
Read the full story from the Washington Business Journal.
