‘Aged care disrupter’ Mable in last stage of raising $15 million from investors, says AFR

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Mable (formerly known as Better Caring until a re-brand in 2018) was launched in 2014 by Peter Scutt and Tony Charara.

According to The AFR, the online platform closed a $10 million investment from the Ellerston JAADE Private Asset Fund in early May and is now in the midst of raising a further $5 million from other investors.

Mable currently has 4,300 nurses, healthcare workers and specialists on its books, and Mable co-founder and chief executive, Peter Scutt, says its “the right time” to look at expanding its national footprint.

Mr Scutt also told The AFR that Mable works on a margin of 14.3% of an agreed rate between the customers and the service provider.