K4Connect Raises Additional Capital to Close Series B Funding of $21M; Brings Forte Ventures on as New Investor
Amount Raised
$21 Million
Round Type
series b
Description
K4Connect, a mission-driven technology company that integrates the best in technology to serve and empower older adults and those living with disabilities, today announced a financing raise of $7.7 million led by Forte Ventures. This financing officially closes K4Connect's Series B round at $21 million, bringing the company's total outside venture funding to-date to $31 million. K4Connect is the leading provider of enterprise connected-life technologies for senior living communities, currently serving thousands of residents at over 800 premier continuing care, independent living and assisted living communities across the nation. This financing round will further accelerate the development and deployment of solutions that support today's most vulnerable population during COVID-19 and beyond - older adults.