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Eversound

Age Tech
Segments:
Social and communication platforms
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Product stage:
Growth
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Eversound develops wireless headphone systems to enhance the level of engagement and social interaction for the elderly living in assisted living or memory care centres. The platform provides a library of programmed content on a variety of topics. The headphone system can be used to communicate with caregivers, during group events, family visits, and for music therapy. The headphones are equipped with a wireless transmitter and volume controls. It connects to external audio sources such as community A/V systems, televisions, and audio devices. 

The product was unveiled in May 2016. In a subsequent six month study conducted by LCB Senior Living community, group events leveraging the Eversound system resulted in an 18% reduction of residents falling asleep and a 28% increase in engagement during group events. In December 2016, the company expanded to 18 states across the US.

In March 2020, as a part of its Covid-19 response, the company launched a live streamed, interactive content service to help seniors combat isolation. Further, as in-person visits at assisted living communities were interrupted due to the Covid-19 pandemic, the use of Eversound’s visitation package proved to be crucial for socially distanced in-person visits.

As of December 2020, the company’s product is being used in more than 700 senior living communities across the US. Its clients include senior living communities such as Brightview, Commonwealth, and Oakmont. In addition, Eversound has established partnerships with senior living communities (such as The Arbor Company,  Bridges by EPOCH, Christian Horizons, and Kisco) to roll out its devices for family visitations, and programmable and live streamed content.

Key stats
Featured companies
207
Total funding (USD)
11.7 Bn
Total addressable market (USD)
64.9 Bn
Key competitors
 
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Product Overview
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Company profile
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Company Brief


HQ location:
125 Kingston Street Floor 6 Boston MA USA
Founded year:
2015
Employees:
11-50
Total Funding:
USD 18.0 million
Last Funding
USD 3.0 million, Oct 2021

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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