City Light is a venture capital firm that invests early in impactful companies. They partner with experienced teams building category-defining solutions in the areas of education, safety and care, and the environment - where more revenue equals better lives at scale, every time. As one of the earliest and most successful impacts investing firms, City Light has a track record of identifying and scaling impact in ways that build better companies.  The firm was founded in 2004 and is based in New York, New York. Some of its key portfolio investments are 2U (Nasdaq: TWOU), ShotSpotter (Nasdaq: SSTI), Trilogy Education, and Ready Responders.

City Light Capital

Puget Sound Venture club is to provide a forum to review venture opportunities. It is a focused community of accredited investors who represent themselves or their organizations while providing access to the experience and insight of other investor members.

Puget Sound Venture Club

RiverPark Ventures is an active early-stage venture capital fund that focuses on investing in entrepreneurs. The company was founded in 2006 by Andy Appelbaum and Morty Schaja and is headquartered in New York, United States.

RiverPark Ventures

Grit Capital Partners invests in high potential entrepreneurs who seek to disrupt industries with technology and data, and are on a path to change the world.  The combination of a powerful idea, an addressable market, and a world class team provides significant advantage when combined with their powerful network of entrepreneurs, executives, and technology veterans at the top of their game.

Grit Capital Partners

Oceans is a venture capital firm focusing on giving startups the hands-on support they need to succeed. They are a team that builds teams, a culture that shapes cultures, and a group of mentors who unlock skills and talent to build a future of technology. They help founders build the foundations that unlock the power of people. Oceans was founded in 2018 and is headquartered in New York, USA.

Oceans

Drumbeat Ventures is a venture capital firm makes investments in breakout consumer brands.

Drumbeat Ventures

Laerdal Million Lives Fund is a venture capital firm that focuses on investments in life-saving technologies. Its investment thesis aims to contribute to Laerdal’s impact goal of helping save 1 million lives annually by 2030. The firm targets investments in commercial-stage technologies that address mortality rates across clinical areas, such as maternal, neonatal, emergency medicine, critical care, surgery, and others and provide better medical education and training to providers and patients.

Laerdal Million Lives Fund

Springbank Collective is an early-stage investment firm that focuses on the infrastructure that supports women and working families. The firm typically invests in seed and series A with check sizes between $250k and $1M. Springbank Collective was founded in 2019 and is based in New York.

Springbank Collective

Aloe Care Health

Taking care of aging loved ones is hard. With Aloe Care, it doesn't have to be. Aloe Care is the future of in-home elder care for both professional caregivers and families caring for loved ones. Organize, Monitor and Track all aspects of care.

Aloe Care is a voice-activated medical alert and communication system for caregivers. The company intends to alleviate the position of home caregivers so that they can continue to pursue a career and juggle between dual roles. The alert system includes 1) “Mobile Companion”, which automatically detects falls and provides real-time updates on the “Aloe Care app”, even without a wifi connection; and 2)“The Hub”, which connects directly to Aloe Care’s emergency center which is operational 24/7.

A concentration of wealth and a willingness to adopt age-in-place technologies present new opportunities.

Age Tech

Aloe Care

Aloe Care Health Essentials Plus Review 2024 – Forbes Health

Aloe Care is a voice-activated medical alert and communication system for caregivers. The company intends to alleviate the position of home caregivers so that they can continue to pursue a career and juggle between dual roles. The alert system includes 1) “Mobile Companion”, which automatically detects falls and provides real-time updates on the “Aloe Care app”, even without a wifi connection; and 2)“The Hub”, which connects directly to Aloe Care’s emergency center which is operational 24/7.Aloe Care is available through a white-label partnership with CVS Health “Symphony” (since February 2021), home care providers, select insurance partners, and DTC online sales. The alert system is available in three product plans (priced at USD 30-50) and the hardware is priced in the range of USD 150 to USD 300.For 2H2020, Aloe Care reported more than 6x revenue growth driven by pandemic-driven demand for remote care products. In April 2021, Aloe Care introduced its availability as an employer-sponsored benefit.

Honor provides a platform for elderly persons and their families to find home care providers, and is claimed to be one of the largest on-demand home care networks in the US. The company’s key offerings include Home Care, Family Caregiver Resources, and the Honor Family App and Honor Family Care Network for remote monitoring.In August 2021, Honor announced the acquisition of home care provider Home Instead at an undisclosed value. The merged entity was expected to combine for over USD 2.1 billion home care services revenue.&nbsp; Key customers and partnershipsAs of August 2021, Home Instead had around 90,000 caregivers serving at 1,200 locations across the US and global markets. Home Instead acquired UK-based online platform SuperCarers in June 2020. It connects professional caregivers to elderly people seeking at-home care. Prior to the acquisition, SuperCarers had raised a total of GBP 4.9 million (USD 6.6 million).It also partners with the Organisation for the Review of Care and Health Applications (ORCHA) to provide quality assured apps for psychological wellbeing, physical activity, and mental stimulation.

Honor

Eargo specializes in developing hearing aid and related services. Eargo has four products in its lineup: Link by Eargo, Eargo SE, Eargo Neo HiFi, Eargo 6, and Eargo 7. The company’s products are unique due to its design meant to keep the device invisible when plugged in.The products are priced between USD 749 (Link by Eargo) and USD 2,490 (Eargo 7). The Eargo Neo HiFi comes alongside an app and offers connected smart features such as audio personalization and control. The app allows the user to control the audio to suit their surroundings, customize settings, and contact Eargo's licensed hearing professionals for consultation and support.In October 2020, Eargo was listed as a public company and then acquired by Patient Square Capital In October 2023. Via the acquisition, Patient Square Capital acquired all outstanding shares of Eargo—that were not owned by Patient Square—at USD 2.55 per share. Key customers and partnershipsThe company utilizes a business-to-consumer (B2C) online retail strategy compared to traditional business-to-business (B2B) model deployed by other manufacturers who sell their products through clinics. The strategy has proven beneficial through the Covid-19 pandemic as consumer footfall for brick-and-mortar clinics have declined.

Eargo

K4Connect provides technology solutions to residents and staff members in senior living communities through its K4Community platform. The company was co-founded by Scott Moody who sold his fingerprint sensor technology company AuthenTec to Apple for USD 356 million in 2012, which then became the basis for Touch ID.The platform's offerings include digital voice and video communication, and community updates for residents. It also provides smart home automation through the provisioning of plug and play Alexa devices for residents and supports smart thermostats, smart lights, motion sensors, and sleep tracking devices. In addition, community staff members have access to tools for resident surveys, resident and family management, and communications. During the Covid-19 pandemic, the platform also established an expanded video chat service to facilitate resident-to-resident communication, staff requests, yoga classes, and dining room bookings. Further, in March 2020, it partnered with software communications firm Bandwidth to introduce a hotline for staff and residents as a means of keeping all parties up to date with community information.The platform is built on the company’s patented operating system, FusionOS. The company claims that FusionOS is an advanced multi-modal edge-cloud architecture, the first of its kind in the senior living industry. Residents and staff can access the platform using a smartphone app or pre-provisioned tables in the living communities priced on a per-resident basis.As of July 2020, the platform served over 800 independent and assisted living senior living communities across the US. The platform serves over 29,000 users at more than 125 senior living communities across 27 customers as of February 2020, more than doubling its users from 2018, which it expects to repeat in 2020. The company has established channel partnerships with Allbridge (a data, video and voice solution provider for senior living) in July 2020, and Eskaton (a senior services provider) and White Horse Village (a continuing care retirement community) in May 2019. It collaborated with GlobalLogic (a digital product engineering company) in July 2020 to expedite the development schedule of its K4Community Plus app in response to Covid-19.

K4Connect

CarePredict was founded by Former IBM consultant and tech veteran, Satish Movva, and produces Tempo smart wearables for the elderly community. Using machine learning (ML), the company claims the app can reduce the chance of a fall, and predict urinary tract infections (UTIs) and depression ahead of a clinical diagnosis. The device aims to assist caregivers in taking preventive action by detecting activities and behaviors which are precursors to health declines. The data from the device can also be shared with family members.The company generates revenue from device sales and subscriptions. Independent research conducted in September 2020 indicated that facilities using CarePredict’s wearables reported 40% fewer hospitalizations 69%, lower fall rates, 67% increased length of stay, and a 37% improved staff response rate than facilities that did not use CarePredict.The company expanded its operations in 2018 through its acquisition of WiseWare, a company selling activity-tracking jewelry for older users. In April 2020, it launched the PinPoint contact-tracing tools to mitigate the spread of Covid-19.Key customers and partnershipsIn February 2021, the company announced its partnership with Middle Alabama Area Agency on Aging (M4A). M4A is the agency behind the “Providing Alzheimer's N' Dementia Assistance” (PANDA) project. The company will be the first tech platform to be part of the project and will provide caregivers assistance in remote monitoring and preventive care using its smart wearables.

CarePredict

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. Key customers and partnershipsAs 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.

Eversound

Tech-enabled equipment or companionship services that help elderly people function independently.

Platforms that match seniors with home care providers as well as app-based products to facilitate communication between senior families and caregivers

Tech-enabled products used to diagnose, prevent, and treat conditions common among seniors.

Remote monitoring, medical diagnosis, communication, and coordination between caregivers and families of the elderly.

Platforms that help seniors interact socially and communicate with others.

Platforms that help seniors and their families plan and make arrangements to settle the senior’s estates and affairs in the event of death.

Companies that use GenAI as a core part of their product offering for Age Tech

Offers digital platforms that support the wellness of the senior population

Age Tech providers incorporate GenAI to enhance both seniors’ and caregivers’ experiences

Many devices that help seniors operate independently and receive remote treatment use IoT

Some companies use VR to help treat seniors with conditions such as isolation and dementia

Aloe Care

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