Oretha Senior Care, a leading senior care provider in Malaysia, is thrilled to announce the successful completion of its equity crowdfunding campaign, raising RM499,200 with co-investment from MyCIF. This achievement highlights the growing confidence in Oretha Senior Care’s mission to revolutionise senior care services in Malaysia.
This crowdfunding round marked the first opportunity for the public to invest in Oretha Senior Care. The funds raised will establish their first elderly daycare center in Petaling Jaya, expand elderly concierge services, and introduce senior assisted travel services. The goal is to expand to five centers by 2026 and achieve nationwide scalability by 2028, ensuring more seniors benefit from a more holistic approach to aging.
“The funds will help us expand our services, including operational aspects, transportation, and team training. This investment enhances our ability to provide top-quality care and support to the elderly. Leet Capital has guided us throughout this journey, inviting the community to own a piece of Oretha Senior Care. We’re not just building a service; we’re growing a community-driven ecosystem where every voice, family, and senior shares in our success,” said Oretha Herrera, CEO of Oretha Senior Care.
“At Leet Capital, we support promising Malaysian SMEs like Oretha in their fundraising journey. Our mission is to help businesses grow by providing necessary capital, empowering companies to realize their full potential and offer the public opportunities to invest in these companies,” said Bikesh Lakhmichand, CEO of Leet Capital.
Oretha Senior Care’s vision is to enhance and expand senior care services across Malaysia, ensuring every senior receives personalized and compassionate service. The company’s brand promise is “Caring with Compassion and Dignity.”
Malaysia’s aging population, projected to reach 15.3% (5.8 million individuals) by 2030, presents a growing need for reliable senior care services (source: MPRH). 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. The funds will be used to expand the caregiver team, enhance technology for better service delivery, introduce new service packages, and increase partnerships with healthcare providers.