US and Israel-based Assured Allies offers a patent-pending proprietary algorithm that predicts the aging journey of the policyholder and supports the aging process by enabling seniors to lead a more active and independent life at home.
The company partners with insurance companies to offer its Age Assured program free of charge on existing policies.
Assured Allies also provides senior care professionals (Ally Support) to design a plan for aging that includes product and service recommendations such as care coordination, caregiver support, and support services at home to address the needs of the policyholder.
Key customers and partnerships
In May 2021, Assured Allies partnered with LTCG, a third-party administrator for long-term care insurance companies. Other partners include Bankers Life (an insurance provider), Senior Helpers and AssuriCare (home care providers), and Genex (a managed care provider).
Funding and financials
In March 2023, the company raised USD 42.5 million in a Series B funding round co-led by FinTLV Ventures and Harel Insurance, along with participation from other venture capital firms. The funds were set aside to expand the company's products and grow its partner network.
No investor data is available
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