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Lily Sarafan is the Executive Chair and Co-Founder of TheKey, a leading in-home senior care provider. She previously served as Chief Executive Officer through December 2020, scaling the business from a startup into a major healthcare enterprise over her nearly 20 years of executive leadership. In addition to her work at TheKey, Sarafan currently serves on the boards of directors for several technology companies including Instacart, Thumbtack, and Serve Robotics. She holds a Master of Science in Management Science and Engineering and a Bachelor of Science in Science, Technology, and Society from Stanford University. Her civic and industry involvement includes membership in the Council on Foreign Relations and recognition as a World Economic Forum Young Global Leader. Sarafan focuses her ongoing governance and advisory efforts on precision health, artificial intelligence automation, and on-demand consumer services.
Lily Sarafan stands out as a prominent figure in both the healthcare industry and the venture capital landscape. As the Co-Founder and Executive Chair of Home Care Assistance, she has played a pivotal role in building one of the largest and most respected in-home care providers in North America. Her entrepreneurial journey with Home Care Assistance, which she co-founded in 2002, demonstrates her deep understanding of operational excellence and market needs within the healthcare sector. This hands-on experience uniquely positions her as a valuable investor and advisor to emerging companies.
As an active investor, Lily Sarafan focuses on early-stage companies, particularly those at the intersection of healthcare and technology. Her investment philosophy is driven by a desire to support innovative solutions that address critical societal challenges and have the potential for significant positive impact. She seeks out disruptive technologies and business models that can transform industries, improve patient outcomes, and enhance quality of life. Her portfolio often includes startups in digital health, elder care technology, biotech, and other areas where technology can drive efficiency and accessibility in healthcare.
Sarafan's career background is marked by a strong foundation in both business and academia. She earned her MBA from Stanford University's Graduate School of Business, where she also served as a lecturer, sharing her insights on entrepreneurship and leadership with future innovators. Her contributions and achievements have been widely recognized, including her inclusion in Forbes' prestigious 30 Under 30 list. Beyond her entrepreneurial and investment roles, she serves on various boards, including the Stanford Health Care Board of Directors, further solidifying her influence and commitment to advancing healthcare.
While specific individual investments are often private for angel investors, Lily Sarafan is known for her strategic guidance and mentorship to a diverse range of startups. Her involvement extends beyond capital, offering operational expertise, strategic vision, and access to her extensive network. She is a proponent of mission-driven entrepreneurship, believing that successful businesses can and should be forces for good. Her work reflects a consistent dedication to fostering innovation that not only generates returns but also creates lasting social value.
Lily Sarafan is a distinguished entrepreneur, investor, and leader in the healthcare industry. She is best known as the Co-Founder and Executive Chair of Home Care Assistance, a leading in-home care provider. She is also an active early-stage investor and advisor to technology and healthcare startups.
Lily Sarafan primarily invests in early-stage companies, with a strong focus on healthcare technology, digital health, elder care solutions, and other impact-driven ventures. She seeks innovative solutions that leverage technology to address significant societal challenges.
Lily Sarafan serves as the Co-Founder and Executive Chair of Home Care Assistance. In addition to her leadership role there, she is also an independent investor and advisor, actively engaging with and supporting various startups in the technology and healthcare sectors.
