SafelyYou raised $43M in a Series C funding round led by Touring Capital to enhance their AI-powered solutions for senior care.

Jan 28, 2025•6 months ago

Amount Raised

$43 Million

Round Type

series c

San FranciscoArtificial IntelligenceScience And EngineeringGovernment And MilitaryData And AnalyticsInformation TechnologySoftware

Investors

Qualcomm VenturesSamsung NextCross CreekFounders FundOmega Healthcare Investors, Inc.Foundation CapitalTouring Capital

Description

SafelyYou has secured $43 million in Series C financing to address critical challenges in senior living with their AI technology. This funding will bolster their efforts in predicting care needs for residents, continuing their mission of safer, person-centered care.

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.

Related People

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech