Abby Care raises $82M Series C to train and pay family caregivers
Abby Care raised $82 million in a Series C funding round led by Transformation Capital, Fortune reported. New investors CVS Health Ventures, Frist Cressey Ventures, and Pivotal Ventures participated in the round alongside existing backers Khosla Ventures, Thrive Capital, and Sequoia.
Key points
- Abby Care raised $82 million in Series C funding led by Transformation Capital.
- The startup operates as a Medicaid provider, using AI to train family caregivers.
- CVS Health Ventures reports traditional private duty nurse programs fill 65% of authorized shifts.
Founded in 2022 by Havi Nguyen, Abby Care operates as a Medicaid provider using an AI-powered platform. The service trains family members to become certified, paid caregivers and provides ongoing operational support to assist with home care for medically complex patients.
CVS Health Ventures General Partner Justin Brock noted that traditional private duty nurse programs fill only 65% of authorized shifts. Abby Care aims to address this shortage by supporting millions of family members who already deliver uncompensated care.
Abby Care, which runs a clinically led, AI-powered platform to train and certify family caregivers, raised an $82M Series C led by Transformation Capital
fortune.com · 15 October 2026
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