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Paz Mental

Paz Mental

Company Overview

Website: www.lavanderiapp.io

Headquarters: Mexico

Country of Operations: Information not available

Women owned / led: At least 30% women in senior leadership positions

Year of founding: 2015

Number of FTEs: >1000 FTEs

Legal status of the organization: For-profit

Care economy activities and business model

About the organization:
Paz Mental is a company with a team of professionals committed to improving the lives of adults with physical or cognitive impairments. Their mission is to help and give peace of mind to family members of dependent adults, the caregivers who support them, and the physicians who care for seniors. Paz Mental aims to impact the quality of life for the elderly by providing high-quality services and excellent working conditions to caregivers.

Activities in the care economy:
Provision of technology & services that train/upskill domestic & care workers (e.g. technology that links employers to domestic/care workers), Provision of technology, services & policies/practice that improve condition for domestic & care worker (e.g. apps that calculate decent remuneration), Provision of affordable time and labour saving technology and products (e.g. product that makes washing, cooking more efficient), Provision of affordable services that provide care & domestic work (e.g. affordable daycare services in rural areas), Awareness raising on the care economy through marketing, information campaigns & programmes that raise awareness & increase motivation

Stage of growth: Mass roll-out/Expansion

Type of services: Elderly-care (Ages 60 and above), Care for people with illnesses

Number of customers (2020): 5K- less than 25K

Number of customers (2019): 1K – less than 5K

Number of customers (2018): 1K – less than 5K

Financials

Profitability status: Financially profitable

Revenue USD (2020): 500K- less than 1 Mn

Revenue USD (2019): 500K- less than 1 Mn

Revenue USD (2018): 250K- less than 500K

Pathways to impact

Challenge addressed:
Lack of affordable solutions to reduce amount of time spent on care and domestic work

Pathway to impact – 4 Rs: Reduce

Populations affected: Paid care workers, Infants or children

Number of people served (2020): Information not available

Number of people served (2019): Information not available

Number of people served (2018): Information not available