thefintech

SafelyYou raises $43m to expand AI-driven solutions for senior living

Trending News

SafelyYou has secured $43m in a Series C funding round led by Touring Capital, bringing the firm’s total capital raised to over $100m.

With this tranche, SafelyYou plans to expand its technology offerings to address growing challenges in senior care, including increasing resident acuity, staffing shortages, and care accuracy, according to the Coverager.

The company has introduced two additional solutions—SafelyYou Clarity, an automated care tracking system, and SafelyYou Aware, which uses data-driven insights to predict residents’ care needs.

The company’s client base includes leading senior living providers such as StoryPoint Senior Living, Benchmark Senior Living, Midwest Health, and Senior Star.

SafelyYou founder and CEO George Netscher said, “We’re so grateful for this funding at a critical juncture in care delivery for senior living, when SafelyYou’s solutions are more important than ever. I started this company to help my mom and to help so many families like ours who have a loved one living with dementia. And we’ve grown to provide broader care support in senior living. Now, at a time when resident acuity is increasing, care demands are greater, and staffing continues to be a crisis, we’ll be able to empower operators to predict care needs with unmatched speed and accuracy, revolutionising how senior care is provided.”

Funding funds Investment SeriescFunding thefintech

Related Posts