Canary Care secures £400,000 from Mercia Fund Management
Funding will help the home care monitoring company expand partnerships with local authorities and care providers
Canary Care, a provider of home care monitoring equipment, has closed a £400,000 funding round from UK technology investor Mercia Fund Management.
Launched in April 2014 by Christopher Curry, William Cotton and Stuart Sheehy, Canary Care develops discreet monitoring systems to measure the movement, temperature and visitors of elderly relatives in their homes.
Family members and carers can remotely monitor and care for relatives with text or email notifications sent if anything unusual occurs. This ensures they retain their independence, while giving the family peace of mind.
The latest finance will help the company develop its relationships with local authorities and care providers.
Canary Care’s Cotton commented: “We are grateful to Mercia for their continued support, and we especially look forward to working further with Tim Hazell, who has been a great support for our business.
“We have received many testimonials from customers whose lives have changed positively because of Canary, and we are proud to continue to provide more families with the independence, support and dignity that they need.”
Tim Hazell, investment director of Mercia Fund Management, said: “We are delighted to provide further capital and support to Canary Care as the business continues to flourish.”