This is the Papa pitch deck to raise a $18m series-b round in 2020.
About
Papa is a platform that connects college students to senior citizens for companionship and assistance.
Its platform connects college and nursing students to older adults who need assistance with transportation, house chores, technology lessons, and other services that enable older adults to stay independent while living securely and happily at home.
Papa was founded in 2018 and is headquartered in Miami, Florida.
When Andrew Parker saw his grandfather, whom he called Papa, needed help with daily activities, he wrote a post on Facebook asking if any college or nursing students would be interested in helping out.
After seeing the positive effect on his Papa, Parker tested the idea on family and friends to see if the personal solution could scale to help others. His idea blossomed into a business — named after his grandfather’s nickname — that pairs older adults with caregivers who can provide companionship and assistance with tasks such as errands, transportation, and technology lessons. Think of it as grandkids on demand.
“Papa was an entrepreneur, so I’ve always been inspired to think of the world that way,” Parker said.
The Miami-based business announced in April that it raised $60 million in a Series C led by Tiger Global Management, bringing its total to $91 million. Papa’s Series A round of $10 million was led by Reddit co-founder Alexis Ohanian. Papa is one of many startups aiming to find new elder care solutions for Baby Boomers, who are the second-largest living adult generation, according to the population estimates by the Census Bureau.
Papa declined to share revenue figures with Insider but said the company has grown 20% month over month since inception and expects to increase membership growth fivefold compared to last year. The two-year-old company has 85 employees and more than 5,000 students working as caregivers.
Parker shared Papa’s pitch deck, which he used to raise $18 million in a Series B last year, exclusively with Insider and explained how he organized the presentation. Sensitive information has been redacted. He also gave his advice for creating a standout pitch deck.
Funding Rounds
| Announced Date | Transaction Name | Number of Investors | Money Raised | Lead Investors |
| Apr 13, 2021 | Series C – Papa | 1 | $60M |
Tiger Global Management
|
| Sep 22, 2020 | Series B – Papa | 11 | $18M |
Comcast Ventures
|
| Oct 9, 2019 | Series A – Papa | 5 | $10M |
Canaan Partners
|
| October 4, 2018 | Seed Round – Papa | 2 | $2.4M |
Initialized Capital
|
| Apr 30, 2018 | Seed Round – Papa | 1 | $805K | Y Combinator |
Pitch Deck Review Summary
Slide by Slide Review
Deck Collection
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