It’s a common refrain in senior living that today’s assisted living communities are closer to yesterday’s skilled nursing facilities.
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Comments
where and who are the investors?
Hi Laurie - great post - as usual right on point and highly relevant.
You state that Investors will put their money into tech categories for older adults. Who are these investors and which companies are they investing in or will they invest in?
Except for Lively - who has raised serious money from serious investors?
Thanks
Michael Neuvirth
Serious money over the past 5
Serious money over the past 5 years:
1) Healthsense
https://www.bizjournals.com/twincities/news/2012/09/19/healthsense-gets-funding-from-merck.html
2) WellAware
https://www.mobihealthnews.com/5695/wellaware-raises-7-5m-in-venture-capital/
3) MobileHelp
https://www.mobilehelp.com/about-mobilehelp/newsroom/press-releases.stml?id=10
4) Living Independently Group (turned into Quiet Care turned into Care Innovations)
https://www.prnewswire.com/news-releases/living-independently-closes-10-million-financing-led-by-valence-capital-management-53632612.html
Recently:
Linkage Ventures
https://medcitynews.com/2012/03/new-venture-group-formed-to-invest-in-technologies-to-help-the-elderly/
Today, though, more of the serious money is all in mHealth/telehealth -- if the product or service can be even loosely be categorized as telehealth or remote patient monitoring, big money is out there -- and as a side benefit, perhaps seniors will be helped as well.
https://ehrintelligence.com/news/mhealth-vc-investment-nears-500-million-in-q1-of-2013/
Hope To See More Investments
Thanks for the list - I know of hundreds of companies in this space trying to raise money - I hope they are all successful. This industry needs new, innovative products that are truly market driven
Money raised to launch service
Luckily we were able to attract angel money to launch the Iamfine.com service. The VC's are still largely seeking the bigger social media payouts such as facebook and twitter.
Paul
Trending again – Technology for aging in place
Laurie as usual very helpful for the information and where it comes from. Technology is always the next gateway to improve life in many different ways. This market is growing but also the numbers of players and solutions. Solutions look good but are there specific solutions that are hot in the market that make sense for people to use or develop. Thanks Baruch Buchbinder