CaringWays addresses both the cost and funding challenges of providing mental healthcare at scale. CaringWays partners with a network of 400+ providers that offer discounts for qualified patients, creates innovative strategic partnerships that expand access to care, and offers a crowdfunding tool that gives donors confidence to contribute to mental treatment for patients in need.
Current priorities include deploying a B2C crowdfunding platform with enhanced features, creating more influencer-based content to reduce stigma, and partnering with institutions to increase platform donations.
An impact investment could accelerate CaringWay’s work in areas of strategic focus. There may be a unique opportunity to create impact at scale through a Series B round. This could help position CaringWays to be the market leader in mental health crowdfunding and provide $100 million in annual mental health funding to communities by 2026.
CaringWays’ entire founding team has a personal connection to long, costly medical journeys and understand the resulting stress and uncertainty these can cause. Given their prior success building a company partnering with 250+ hospitals and healthcare facilities around the country, they became a trusted advisor and often heard about the need for a crowdfunding platform which provided sufficient levels of trust and assurance to donors, patients, and providers who needed to ensure all raised funds go directly to the cost of treatment.