The Umbrella app is one positioned to revolutionize the gig economy for retired folk, especially after receiving $5 million in funding.
Umbrella is a membership-based platform that charges users $199 annually. The app encourages senior citizens to sign up for jobs they can preform. Some of the options include lawn mowing, painting, or animal care. Jobs start at $20 an hour however, the user can opt to work for less with the difference going toward offering cheaper work for lower income people.
In addition to offering a means of flexible income for retired people, the Umbrella app seamlessly connects members of the community, creating a sense of community that an older demographic crave as they leave the workforce.
Why This Trend Is Growing
- Senior Gig Economy
- Platforms offering seniors flexible job opportunities will become more prevalent, providing a solution for those looking to supplement their retirement income.
- Membership-based Apps
- Apps that offer membership-based services will continue to grow as they provide a reliable source of revenue and promote customer loyalty.
- Community-building Platforms
- Technology that fosters connectivity and community among diverse demographics will have disruptive potential in the future.
Industries Being Reshaped
- Elder Care Services
- Elder care services can benefit from offering flexible job opportunities to retired individuals who have valuable skills and experience.
- Membership-based Platforms
- Industries such as fitness, music, and entertainment can benefit from offering membership-based platforms that provide exclusive content and services to loyal customers.
- Community-building Technology
- Industries that prioritize community building and connectivity, such as real estate and recreation, can benefit from technology that fosters these qualities among customers.
