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 information creation by way of embedded analytics, permitting senior dwelling communities to gather and use information to help in decision-making.
The Minerva platform transforms recorded audio interviews into full digital resident profiles that present complete insights into every particular person.
The platform analyzes every resident’s digital profile to determine potential friendships inside communities, enabling workers to introduce prospects and present residents to new associates 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.
“Now we have confirmed our capability to strengthen the social drivers of well being, connection, objective 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 an announcement.
“This funding spherical will speed up our capabilities to embed customized, resident-first help into the on a regular basis interactions, processes and choices that form group life.”
MARKET SNAPSHOT
Different corporations within the senior dwelling house 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 Influence Capital and Freestyle Capital and had further participation from Techstars.
UpsideHōM gives totally managed residences for older adults with a bunch of facilities, together with on-demand concierge companies, one invoice for utilities, grocery supply, common housekeeping, and digital and in-person studying alternatives.
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