IDEAS

Dedicated to building the infrastructure to serve the long-overlooked needs of women and working families, Springbank is doubling down on its vision for a more equal future

Venture capital alone hasn’t funded some of the largest companies. One of today’s most successful tech entrepreneurs was funded by massive infusions of investment from the federal government — Elon Musk received $4.9 billion in public subsidies for his companies, including SpaceX and Tesla.

How much does caregiving—from childcare to caring for elders—contribute to the U.S. economy? According to a report from Melinda French Gates’ Pivotal Ventures and support from Springbank. It’s $648 billion.

A divisive political landscape was a defining attribute of 2020 and will continue to be one in 2021. However, one universally agreed-upon issue is the endlessly exhausting toll the pandemic has on caregivers.

New research from Springbank and Cake Ventures reveals the complex dynamics between aging adults and their caregivers and underscores why startups building in AgeTech must market to both to be successful

Over the next few decades, one of the largest wealth transfers in history will take place with women taking over more than $80 trillion in assets — that’s more than 3x U.S. GDP.