Andrew Parker, Papa

Papa, a company that provides support to seniors (papas), has tackled loneliness during a global pandemic and its founder, Andrew Parker, shares more on the growth story and social impact of Papa

This interview was sponsored by Trinet, Anchin, and First Republic Bank. For support on HR Services and Payroll, please reach out to raeellen.zekas@trinet.com. For accounting, tax and advisory services including R&D Tax Credits, please reach out to chris.noble@anchin.com. For banking for startups and venture funds of all stages, please reach out to kgross@firstrepublic.com. For more about our sponsors and the reduced rates they are offering as part of this series, please read more about them at the bottom of this post.

Social isolation has been felt by most during the COVID-19 pandemic but seniors have been impacted by this more than most. Prior to the pandemic, seniors depended on family members or friends to help with tasks around the house, getting groceries, or in its simplest form, companionship. Andrew Parker, the founder of Papa, saw this in his own life and launched Papa to pair older adults and families with Papa Pals for companionship and assistance with everyday tasks. Pre-pandemic, most of this support was done in-person so when the pandemic hit, Parker remembers friends checking in on him wondering how his business would survive.

In this interview, Parker walks us through how the company was well-positioned to transform itself into a telehealth company and continue to support seniors across the country. Papa has grown 600% year over year as of 2021, is working with health plans to provide a real impact on Social Determinants of Health, and recently closed a $31 million Series B with Canaan Partners, Comcast Ventures, Sound Ventures, Initialized Capital, Pivotal Ventures, and Behance Founder, Scott Belsky.

Anchin: Anchin is recognized as a top-tier accounting firm nationwide providing traditional and advisory services to entrepreneurial, venture capital and private equity-backed businesses ranging from start-ups to growing and established technology companies. Anchin’s extensive portfolio of services includes accounting and financial statements compliance; tax planning, structuring and compliance; tax credits and incentives, including the R&D tax credit; transaction advisory and M&A services; valuation services; and many more. Please reach out to Chris Noble (chris.noble@anchin.com) to learn more. 

Trinet works with some of the most exciting small businesses in the country by providing exceptional medical benefits and world-class technology – web-based, mobile, and internal systems/processes, that positively impacts clients and their employees. Please reach out to RaeEllen Zekas (raeellen.zekas@trinet.com) to learn more

First Republic has extensive experience working with PE and VC firms. We understand the complex nature of this business and the sense of urgency that accompanies it. Through our skilled team of industry experts and a suite of specialized products, we can quickly meet your firm’s goals. Please reach out to Kyle Gross (kgross@firstrepublic.com) to learn more