IDEAS

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

Four Dynamic Areas of Growth, a first-of-its-kind report that puts the size of the care economy at $648 billion, making it $138 billion larger than the US pharmaceutical industry and larger than the US hotel, car manufacturing, and social networking industries combine.

In an effort to better understand this generation's unique experience, Able Partners and Springbank launched a quantitative and qualitative research study to understand how Gen Z navigates healthcare.

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.

Listen to our co-founder and partner, Elana Berkowitz, discuss opportunities to keep women in the workforce right now, how Springbank is disrupting the way we think about caregiving, and what’s being overlooked when it comes to women’s health and investment today.

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.