Fueled By $40 Million In Funding, Safelyyou Expands Ai-Enabled Fall Management Technology Across America'S Senior Care Facilities
PRIVATEDec 02, 2021
Round Type
Funding Round
San FranciscoInformation TechnologySoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceGovernment And Military
Description
SafelyYou, the leader in AI-enabled fall management technology for seniors and individuals with Alzheimer's disease, related dementia or cognitive impairment issues, today announced the close of a $30 million Series B financing round led by Omega Healthcare Investors, a real estate investment trust that invests in the long-term healthcare industry. As part of its investment, Omega also prepaid $10 million to fund installations of SafelyYou across their 944 facilities.
Company Information
Company
SafelyYou
Location
San Francisco, California, United States
About
Originating in 2015 as the doctoral research of CEO George Netscher—and inspired by his own family's experience with Alzheimer's disease—SafelyYou was spun out of UC Berkeley’s Artificial Intelligence Research Lab, one of the top five AI research groups in the world. The company’s passionate mission is to empower safer, more person-centered care across senior living through world-leading AI, industry-changing hardware, and remote expert clinicians.
SafelyYou is solving critical challenges in senior living, from resident falls and ER visits to staffing concerns, LOS, and NOI. All helping ensure that communities reach both their clinical and financial goals.
Fundz sees it the moment SafelyYou raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
San FranciscoInformation TechnologySoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceGovernment And Military