A Place for Mom

A Place for Mom was founded in July 1999 by Pamela Temple, John Temple, and Brian Trisler. In 2006, A Place for Mom received $9.5 million in venture capital from Battery Ventures. In July 2010, a private equity firm, Warburg Pincus, purchased a majority stake in the company.

In November 2016, A Place for Mom purchased the competing service OurParents, adding 2,500 facilities to its network.

On August 11, 2017, Warburg Pincus sold its majority stake to growth equity firm General Atlantic and technology investment firm Silver Lake. The two firms acquired equal stakes and added two members each to the company's board of directors. Silver Lake added Managing Partner and Managing Director Greg Mondre and Director Adam Karol. General Atlantic added Robbert Vorhoff, managing director and Global Head of Healthcare, and Anton Levy, managing director and Global Head of Internet and Technology. Financial services firm William Blair & Company and law firm Willkie Farr & Gallagher advised A Place for Mom during the transaction. On January 31, 2022, A Place for Mom raised $175 million in a funding round led by Insight Partners. Existing backers General Atlantic and Silver Lake also participated in the round, which valued the company at over $1 billion. Insight Partners added its managing director, Eoin Duane, to the board.

A Place for Mom's service is offered at no charge to families. The company derives its revenue from referrals to facilities and providers within its partner network, including residential care homes, assisted living, and memory care communities, independent senior apartments, and home care services.

Litigation

In December 2017, a class-action lawsuit was brought against A Place for Mom for violations of the Telephone Consumer Protection Act, alleging that the service did not adequately inform users of or receive written consent for the use of robocalling as part of its services. The parties reached a $6 million settlement in September 2019, but a Washington district court rejected it for not being based on "clearly defined objective criteria".