Resident perception and revel in platform TSOLife scored $43 million in a Collection B investment spherical led by means of PeakSpan Capital, bringing the corporate’s overall investment to $52 million.
WHAT IT DOES
TSOLife’s AI platform, Minerva, simplifies information advent by means of embedded analytics, permitting senior residing communities to assemble and use information to assist in decision-making.
The Minerva platform transforms recorded audio interviews into whole virtual resident profiles that offer complete insights into each and every consumer.
The platform analyzes each and every resident’s virtual profile to spot possible friendships inside communities, enabling body of workers to introduce potentialities and present citizens to new pals and coordinate like-minded teams.
The Florida-based corporate will use the budget to expedite product building, improve its AI functions, build up buyer strengthen and amplify its venture of bringing data-driven and AI-powered operational enhancements to senior residing communities.
“We now have confirmed our skill to fortify the social drivers of well being, connection, objective and engagement, to meaningfully strengthen high quality of lifestyles and lengthen citizens’ duration of keep by means of greater than six weeks,” David Sawyer, founder and CEO of TSOLife, stated in a commentary.
“This investment spherical will boost up our functions to embed customized, resident-first strengthen into the on a regular basis interactions, processes and choices that form group lifestyles.”
MARKET SNAPSHOT
Different corporations within the senior residing house come with SafelyYou, a maker of AI-enabled generation for fall detection and prevention.
In January, it closed a $43 million Collection C investment spherical led by means of Traveling Capital, bringing its overall carry to greater than $100 million.
Samsung Subsequent, Omega Healthcare Buyers, Basis Capital, Founders Fund, Pass Creek, and Qualcomm Ventures participated within the spherical.
In 2021, months after ultimate its $19.5 Collection A spherical, the corporate secured $30 million in Collection B investment.
In 2021, UpsideHōM, a Fortress Lauderdale, Florida-based startup, raised $2.25 million in an oversubscribed seed investment spherical.
The spherical used to be co-led by means of Triple Affect Capital and Freestyle Capital and had further participation from Techstars.
UpsideHōM provides absolutely controlled flats for older adults with a number of facilities, together with on-demand concierge services and products, one invoice for utilities, grocery supply, common home tasks, and digital and in-person studying alternatives.
