Is this just a re-branding of "Chrome device management"?
I wish they'd come up with something Family-oriented. I've got my mom, girlfriend, and girlfriend's children all using low-end Chromebooks / Chromebases as their primary computers, and I'm using one for about 80% of my computing. Chrome device management would be useful for us but $50/year per device plus needing to buy G.suite per user is a bit much.