Kindred is an early stage venture capital firm that backed Lottie in its seed round.
Portfolio
2
companies
Dexory
Dexory provides autonomous robotics and data intelligence platforms for warehouse operations.
Lottie
Lottie provides a digital marketplace for residential care and independent living options.
Maria Palma
General Partner
Atomico led the Series A round with participation from existing investors including Lakestar, Kindred, and Maersk Growth.
"For those operating warehouses, ensuring 100% fulfilment ‘in time, all the time’ is crucial to meeting the demands of the modern consumer. A critical component to achieving this is high stock accuracy, but staff shortages, manual processes, and the speed demanded by customers means that critical decisions across the supply chain are currently being taken blindly,"
The extension round values the eldercare marketplace at £45m and will support national expansion and product development.
"COVID-19 has supercharged the move of the later living industry from offline to online, from the initial search process and how care seekers engage with later living communities, through to the adoption of digital care plans and new operational technologies"
Kindred led the funding round to help Lottie scale its UK care marketplace and concierge services.
"Finding a high-quality care home is complex, time-consuming and incredibly stressful, with nearly half of families regretting their decision."
