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 by way of embedded analytics, permitting senior dwelling communities to gather and use knowledge to assist 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 workers to introduce prospects and present residents to new pals and coordinate like-minded teams.
The Florida-based firm will use the funds to expedite product improvement, improve its AI capabilities, improve buyer assist and increase its mission of bringing data-driven and AI-powered operational enhancements to senior dwelling communities.
“We have now confirmed our capability to strengthen the social drivers of well being, connection, objective and engagement, to meaningfully enhance high quality of life and lengthen residents’ size of keep by greater than six weeks,” David Sawyer, founder and CEO of TSOLife, mentioned in an announcement.
“This funding spherical will speed up our capabilities to embed customized, resident-first assist 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 know-how for fall detection and prevention.
In January, it closed a $43 million Sequence C funding spherical led by Touring Capital, bringing its complete elevate to greater than $100 million.
Samsung Next, Omega Healthcare Traders, Foundation 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 Series 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 Impact Capital and Freestyle Capital and had further participation from Techstars.
UpsideHōM affords totally managed flats for older adults with a number of facilities, together with on-demand concierge providers, one invoice for utilities, grocery supply, common housekeeping, and digital and in-person studying alternatives.
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