AYA Ventures is an emerging investment focused firm that believes a window of opportunity exists to capitalise on a dislocation in the pricing of early stage opportunities within a broadset market.

AYA Ventures

Our focus is to help healthcare founders go further.  Since 2015, RYSE has been supporting technology companies to achieve accelerated global growth and scale by connecting high-potential healthcare founders with established distribution partners. In 2018/20, RYSE DigitalHealth.London investment programmes translated great ideas into real-world solutions by partnering with healthcare founders with clinical experience who know how to serve patients best. Our dream is to be globally admired as the most transformative partner for healthcare innovators.

RYSE Asset Management

Spex Capital is a digital health and med-tech investment management firm specialised in advancing disruptive early-stage ventures to deliver breakthroughs in healthcare systems globally.   We identify, support, and invest in early-stage digital health companies, to commercialise and scale within the NHS and other healthcare delivery systems.   Founded in 2021 by Claudio D'Angelo, we are headquartered in London and benefit from a special NHS partnership, via DH.L & MedCity and a global healthcare ecosystem via partnerships and relationships with embassies, chambers of commerce, trade bodies, accelerators & incubators, universities, hospitals, payors and healthcare systems across all continents to source the highest caliber technologies worldwide.

Spex Capital

Mercia Fund Managers is a venture capital fund manager with two funds totalling £12.8 million under management. Mercia Fund Managers focuses its efforts on the West Midlands region and benefits from a mixture of public- and private-sector fund investors. Mercia Fund Managers provides venture capital for early-stage technology start-ups that are located in the West Midlands. Potential investees must demonstrate their potential for rapid growth and will possess a strong proprietary position with respect to their technology, intellectual property, and products. Mercia Fund Managers is based in central Birmingham and is regulated by the Financial Services Authority. The company is also a member of the British Private Equity and Venture Capital Association. Mercia Fund Managers will typically make an initial investment offer of between £50,000 and £250,000 of venture capital, but has the capacity to follow its money at subsequent investment rounds, up to an overall limit of £1 million of venture capital per company. Later rounds of financing will usually involve syndication with other venture capital investors, often from outside of the West Midlands.

Mercia Fund Managers

Oxford Capital is an experienced technology venture capital investor based in London and Oxford. They focus on investing in a diversified portfolio of high-potential pure technology and technology-enabled start-up businesses.

Oxford Capital

Mercia Ventures is an early-stage to scale-up investment firm. It supports ambitious UK businesses looking for growth investment delivered through our national footprint.

Mercia Ventures

Log my Care

Log my Care is a free electronic care planning and care management system for care providers. Its platform provides a to-do log, which is shared with care employees to let them know their tasks and gives printable reports about activity performance that enable managers to operate care institutes in a hassle-free way.

UK-based Log my Care provides a platform to assist caregivers with administrative workflows associated with care, both at home and in care facilities. Established to convert traditional paper-based care recording systems into streamlined digital solutions, the company's platform offers a suite of features including care planning, real-time task monitoring, and comprehensive reporting capabilities designed to enhance the efficiency and quality of care services. Caregivers can use the platform's "Carer App" to record activities, medications, and incidents, receive reminders, and even attach photos or videos to patient records. Furthermore, the "Care Office" dashboard provides management tools for creating care plans, risk assessments, and analyzing trends.

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

Age Tech

Log my Care’s Post

UK-based Log my Care provides a platform to assist caregivers with administrative workflows associated with care, both at home and in care facilities. Established to convert traditional paper-based care recording systems into streamlined digital solutions, the company's platform offers a suite of features including care planning, real-time task monitoring, and comprehensive reporting capabilities designed to enhance the efficiency and quality of care services. Caregivers can use the platform's "Carer App" to record activities, medications, and incidents, receive reminders, and even attach photos or videos to patient records. Furthermore, the "Care Office" dashboard provides management tools for creating care plans, risk assessments, and analyzing trends.The company claims that its platform saves caregivers an hour a day in record-keeping tasks.Key customers and partnerships As of April 2024, Log my Care’s platform was used by more than 1,300 caregivers caring for about 20,000 patients.In March 2024, Log my Care partnered with PainChek UK, a pain management platform provider, to integrate both platforms. Through the partnership, users were able to carry out timely pain assessments and upload related data directly into the central care planning system, allowing up-to-date care records and enhanced data accessibility for healthcare professionals.

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

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 UK-based digital platform service provider for senior care homes, Log my Care, has acquired GBP 3 million (USD 3.8 million) in funding from Mercia Ventures, totalling the company's raised funds to GBP 7.2 million (USD 9.1 million).
 The funds will be utilized to consolidate the company's standing in the learning disability sector and expand its home care market.
 The company's platform, Log my Care, assists caregivers in managing administrative tasks related to care at home and in facilities. The "Carer App" on the platform allows caregivers to log activities, medications and incidents, set reminders, and add media to patient records. The "Care Office" dashboard is equipped with care plans, risk assessments, and trend analysis tools. The company suggests that its platform can save caregivers one hour per day in record-keeping tasks and, as of April 2024, it has been employed by over 1,300 caregivers looking after 20,000 patients.
 
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Log my Care

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