Senior Housing News January 19, 2022
Senior living-focused integrated health care provider EmpowerMe Wellness raised more than $100 million in the last 12 months, including a “significant” commitment from a well-known Silicon Valley investor and entrepreneur.
This round of fundraising was for the development of the EmpowerMe delivery model, the addition of new services, and to support nationwide growth, according to a press release issued Wednesday.
Based in St. Louis, EmpowerMe is an integrated health care provider in the senior living space with a presence in 375 communities throughout 20 states. EmpowerMe provides therapy, diagnostic, pharmacy, and primary care.
Jim McKelvey, a Silicon Valley billionaire known for co-founding the digital payments company Square Inc. (NYSE: SQ), is among the EmpowerMe investors.
“Having founded a technology company...