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Elder

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Tech marketplace connecting families with vetted live-in carers

London, United KingdomFounded 2015Biotech & Life Sciences
Valuation $50–100M Last recorded · 2024
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Elder and the history behind them.

About Elder

Elder is a UK-based digital marketplace that connects families with vetted, self-employed carers for personalised live-in home care, presenting an alternative to residential care homes. The company was founded in 2015 by CEO Peter Dowds and Tom Brooks. Dowds, a former lawyer, was motivated by his family's personal struggles to find suitable care for his grandmother, which highlighted a gap in the market for in-home care solutions that prioritize independence and personal choice.

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The platform operates as an introductory agency, facilitating connections across Great Britain between those seeking care and a network of independent carers. Elder's business model is built on its technology, which includes the 'MyElder' portal for families and the 'ElderHub' app for carers, designed to streamline the management of care, scheduling, and communication. This tech-enabled approach allows the company to offer services that are, on average, 35% cheaper than traditional care agencies. The company's services cater to a range of needs, including long-term 24-hour support, respite care, and visiting care for assistance with daily tasks. Carers on the platform are required to have previous experience, pass background checks, and provide verifiable references.

Since its inception, Elder has facilitated over 15 million hours of care and has grown to be one of Europe's faster-growing startups in the care-tech sector. The company has secured significant funding over several rounds, including a Series B round led by Acton Capital, to support its expansion and technological development. Its investors include MMC Ventures and UKTV. Headquartered in London, Elder aims to address the challenges of an ageing population by enabling older adults to remain in their own homes while receiving necessary support.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
London, United Kingdom
Employees
242
Open positions
8
Dealroom signal
71.7/100
Industry
Health
Sub-industry
BioTechnology, Health Platform
Sector
Biotech & Life Sciences, Biotechnology, Sustainable Development Goals, Tech for Medical Professionals, Biotech and Pharma, Silver Economy, Hard Tech, elderly care, Digital Care, DT and LS, uk is8 life sciences
Client focus
b2c
Investment activity
1 company, latest Jan 2025
Capital deployed
$5M
Preferred round
SERIES A

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
MEDIA FOR EQUITY✓Equity / VC Apr 2024 $1.3M $53M UKTV Ventures ↗
SUPPORT PROGRAM✓Other financing Mar 2020 $0 — Tech Nation —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Elder website traffic

Latest recorded traffic for Elder is 50K monthly website visits, down 18% over the last three months. Elder's team grew 3% over the past year.

Latest monthly visits50K 3-month web change-18% 1-year team growth+3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A2 investors entered at this stage

Other known investors6 additional known investors

  • Tech Nation
  • UKTV Ventures
  • Barend Van Den Brande
  • Big Bang Ventures
  • Fritz Oidtmann
  • IPF Partners
Team profiled 17 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇬🇧 United Kingdom93.6%
🇳🇬 Nigeria2.6%
🇵🇱 Poland1.3%
🇺🇸 United States1.3%
🇨🇭 Switzerland1.3%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Elder on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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