Yurtle, a London-based InsurTech helping workplaces combat caregiver burnout, has closed a seed funding round of £1.4 million.

The round was co-led by Insurtech Gateway and Mustard Seed Maze and will allow Yurtle to grow its team and roll out its ‘digital care ally’ Yurty.

Yurtle aims to help people to live independently as they age by empowering informal social care networks to deliver care support sustainably and effectively.

The number of people aged 65+ is growing at twice the rate of younger age groups. And despite living longer, many elderly people are in poor health. 

Antonio Ribeiro, CEO/Founder at Yurtle: "Incredibly grateful to The Times and Richard Tyler for covering Yurtle and it's journey so far. It touches on our recent fundraise and commercial momentum."

"Yurtle helps UK businesses combat caregiver burnout in the workplace through a novel employee benefit. We exist to support the people struggling in silence to meet their obligations to a dependent loved one whilst striving to be the best professional they can."