SoftBank led the companionship service provider's latest round, pushing its total funding to $240m.

US-based companionship service provider Papa received $150m yesterday in a series D round led by internet and telecommunications group SoftBank’s Vision Fund 2, taking its total funding to $240m.

Tiger Global Management, TCG, Canaan Partners, Seven Seven Six and Initialized Capital also took part in the round, which valued the company at $1.4bn.

Papa’s service offers companion ship to older adults, families and other vulnerable people who may suffer from loneliness through its Papa Pals network. It also provides services…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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