Resident perception and expertise platform TSOLife scored $43 million in a Sequence B funding spherical led by PeakSpan Capital, bringing the corporate’s complete funding to $52 million.
WHAT IT DOES
TSOLife’s AI platform, Minerva, simplifies knowledge creation through embedded analytics, permitting senior dwelling communities to gather and use knowledge to help in decision-making.
The Minerva platform transforms recorded audio interviews into full digital resident profiles that present complete insights into every individual.
The platform analyzes every resident’s digital profile to determine potential friendships inside communities, enabling employees to introduce prospects and present residents to new mates and coordinate like-minded teams.
The Florida-based firm will use the funds to expedite product improvement, improve its AI capabilities, improve buyer help and increase its mission of bringing data-driven and AI-powered operational enhancements to senior dwelling communities.
“We’ve confirmed our capacity to strengthen the social drivers of well being, connection, function and engagement, to meaningfully enhance high quality of life and prolong residents’ size of keep by greater than six weeks,” David Sawyer, founder and CEO of TSOLife, stated in a press release.
“This funding spherical will speed up our capabilities to embed personalised, resident-first help into the on a regular basis interactions, processes and selections that form neighborhood life.”
MARKET SNAPSHOT
Different corporations within the senior dwelling area embrace SafelyYou, a maker of AI-enabled expertise for fall detection and prevention.
In January, it closed a $43 million Sequence C funding spherical led by Touring Capital, bringing its complete increase to greater than $100 million.
Samsung Subsequent, Omega Healthcare Buyers, Basis Capital, Founders Fund, Cross Creek, and Qualcomm Ventures participated within the spherical.
In 2021, months after closing its $19.5 Sequence A spherical, the corporate secured $30 million in Sequence B funding.
In 2021, UpsideHōM, a Fort Lauderdale, Florida-based startup, raised $2.25 million in an oversubscribed seed funding spherical.
The spherical was co-led by Triple Impression Capital and Freestyle Capital and had extra participation from Techstars.
UpsideHōM affords totally managed residences for older adults with a bunch of facilities, together with on-demand concierge providers, one invoice for utilities, grocery supply, common housekeeping, and digital and in-person studying alternatives.
