Atlantic Canada's Sandpiper Ventures, the female-focused venture capital fund, has made an investment of an undisclosed amount in Toronto’s Gotcare, which is developing an artificial intelligence system for home healthcare services.
Gotcare, founded by CEO Chenny Xia, has grown from $100,000 in annual revenue to $4 million today, Sandpiper said in a statement.
The company works with insurance companies to match claimants with home healthcare workers suited to their needs, with more than 30,000 practitioners now on its platform.
Xia is a serial entrepreneur who has been an outspoken advocate for women in technology, and has served on the Ontario Ministry of Finance’s task force on women and the economy.
“Our operations team gets calls on the daily with families on the brink of tears because they don’t know how to access care for their relatives,” said Xia.
“We need to take the onus off overworked hospital workers, doctors and nurses. Community care workers can help–but we need to invest in them properly to relieve our healthcare workers.”