The Future of the Care Economy: Building the Infrastructure to Support Women and Working Families
by Olivia Kronemeyer
On September 28th, 2022, we joined forces with Springbank Collective and Stardust Equity to convene NYC impact investors to hear from a panel of passionate female founders whose unique lived experiences have inspired them to build category-defining companies in the $648M and growing Care Economy.
State of the Care Economy
Today, more than one in five Americans (21.3%) are family caregivers, having provided unpaid care to an adult or child with special needs at some time in the past 12 months. This totals an estimated 53M adults in the United States, and does not even include parents of young children who are caregiving.
About the Hosts
Springbank is a venture fund that invests in the infrastructure serving the long-overlooked needs of women and working families. It’s a $1 trillion opportunity hiding in plain sight. The companies we back are building the tools, products, and services that define the future of inclusive work, the new care economy, and the next wave of financial progress. We are backed by world-class investors and market-leading financial services firms. If you are interested in partnering with us, please reach out to Courtney Leimkuhler.
Gratitude Railroad launched its Inclusive Capital Fund, a fund of funds strategy to invest in emerging, underrepresented managers to catalyze more capital toward critical issue areas, including the care economy and future of work. If you are interested in learning more, reach out to Jessie Tang.
Stardust Equity is a mission-oriented investment fund putting capital to work for competitive returns and positive social and environmental impact. They partner with fund managers and entrepreneurs who intentionally seek commercial, sustainable solutions to some of our world’s greatest challenges.
About the Panelists
If you would like to connect with any of the panelists, email Brian Nguyen
Lindsay Jurist-Rosner – Co-Founder, CEO at Wellthy, a caregiving support service for families with complex, chronic, and ongoing care needs. Prior to founding Wellthy in 2014, Lindsay was in the advertising technology and media industries with functional responsibilities in marketing, product, and sales. Lindsay served as the Senior Vice President of Marketing at Simulmedia, ran Marketing Research at Machinima, worked in product and strategic marketing at Microsoft, and started her career in sales and marketing at The Atlantic.
Rebecca Egger – Co-Founder, CEO at Little Otter, a virtual early childhood mental health company. She has more than 10 years of experience working in medical technology. specializes in product design. She most recently worked at the Chan Zuckerberg Institute, where she built the infectious disease program to a $10 million annual program, and developed an app to help developing nations respond to large-scale health events.
Guaranteed
Jessica McGlory – Founder, CEO at Guaranteed, a modern, end-of-life care platform that’s designed with the patient and caregiver in mind. Previously, Jessica has led teams across Data and Analytics, Growth Marketing, Merchandising, Customer Service, and Digital Product. Jessica is a part of the $100 Million Dollar Club for profitable paid social spending and has overseen more than $320MM in spend. Her work has led to the success of brands that drive positive outcomes in others’ lives including Disney, Ro, Doctor on Demand, Bombas, and many more.
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