What You Ought to Know:
– SafelyYou, a supplier of AI-powered options for senior dwelling communities, in the present day introduced a $43M Sequence C funding spherical led by Touring Capital.
– This newest funding brings SafelyYou’s complete funding to over $100M and can help the corporate’s mission to empower safer, extra person-centered look after seniors.
Addressing the Rising Wants of Senior Dwelling
The senior dwelling trade faces quite a few challenges, together with:
- Excessive fall charges: Falls are a number one reason for damage and demise amongst seniors, notably these with cognitive decline.
- Staffing shortages: The trade is experiencing a essential scarcity of certified caregivers.
- Rising prices: The price of offering high quality care is growing, placing stress on senior dwelling communities.
- Elevated deal with resident well-being: There’s a rising demand for personalised, person-centered care that promotes resident well-being.
Senior dwelling’s solely absolutely ambient AI resolution
Based in 2016 by George Netscher, SafelyYou originated from his doctoral analysis at UC Berkeley’s Synthetic Intelligence Analysis Lab. SafelyYou’s revolutionary expertise addresses essential challenges in senior care, together with fall prevention, resident well-being, staffing effectivity, and correct billing. The corporate’s flagship product, SafelyYou Reply™, makes use of AI and superior sensors to detect falls in real-time, enabling speedy response and lowering fall-related accidents.
SafelyYou’s AI-powered options options embody:
- Lowering falls: SafelyYou Reply™ has been confirmed to cut back falls by 40% and fall-related ER visits by 80%.
- Enhancing resident well-being: SafelyYou Conscious™ leverages AI to offer insights into resident habits and well-being, enabling proactive interventions.
- Optimizing operations: SafelyYou Readability™ affords correct care measurement with out wearables, bettering effectivity and lowering prices.
- Predicting care wants: SafelyYou’s AI can predict resident care wants, enabling extra proactive and personalised care supply.
“We’re so grateful for this funding at a essential juncture in care supply for senior dwelling, when SafelyYou’s options are extra essential than ever,” mentioned SafelyYou founder and CEO George Netscher. “I began this firm to assist my mother and to assist so many households like ours who’ve a liked one dwelling with dementia. And we’ve grown to offer broader care help in senior dwelling. Now, at a time when resident acuity is growing, care calls for are higher, and staffing continues to be a disaster, we’ll be capable of empower operators to foretell care wants with unmatched velocity and accuracy, revolutionizing how senior care is offered.”
