- Oretha Senior Care raises $105,759 via equity crowdfunding in Malaysia.
- The funds will expand services and establish daycare centers nationwide.
- Oretha aims to revolutionize senior care as Malaysia’s aging population grows.
Oretha’s golden ticket
Oretha Senior Care, a senior care provider in Malaysia, has successfully completed its equity crowdfunding campaign, raising MYR 499,200 ($105,759) with co-investment from MyCIF.
This achievement highlights the growing confidence in Oretha Senior Care’s mission to revolutionize senior care services in Malaysia and marks the first opportunity for the public to invest in the company.
The funds raised will be used to establish Oretha Senior Care’s first elderly daycare center in Petaling Jaya, expand elderly concierge services, and introduce senior assisted travel services.
The company aims to expand to five centers by 2026 and achieve nationwide scalability by 2028, ensuring more seniors benefit from a more holistic approach to aging.
Tackling the silver tsunami
Malaysia’s aging population, projected to reach 15.3 percent (5.8 million individuals) by 2030, presents a growing need for reliable senior care services.
Oretha Senior Care aims to address this challenge by becoming a one-stop service provider, offering comprehensive services including long-term care, daycare, concierge, travel, and home care for the elderly.
Oretha’s circle of love
Oretha Herrera, Chief Executive Officer of Oretha Senior Care, emphasized that the funds will help expand their services, enhance their ability to provide top-quality care, and grow a community-driven ecosystem where every voice, family, and senior shares in their success.
Leet Capital, a Malaysia-based equity crowdfunding platform, has supported Oretha Senior Care in their fundraising journey, empowering the company to realize its full potential and offer the public opportunities to invest in their growth.
