by RJ Shara | Apr 27, 2021 | Fundings and Exit, Startups
Popular family tracking app Life360 is purchasing hardware. The business today announced the $37 million acquisition of Chicago-based Jiobit, the maker of a wearable location gadget designed for use by families with younger seniors, children, or pets. The $37 million is mainly in stock and debt, Life360 notes, however if particular efficiency metrics […] Life360 pictures adding the Jiobit to its existing household safety membership, allowing family members and animals with the device connected to show in the Life360 mobile app’s map interface, alongside other family members. Life360’s paid users(Premium members) would get a reduced Jiobit along with their membership.”We have actually long wanted to expand beyond the mobile phone into wearable devices, and Jiobit provides the market leading device for family pets, younger kids, and seniors,”said Chris Hulls, CEO and co-founder of Life360, in a statement about the deal.” With Jiobit, Life360 would be the market leader in both hardware and software products for households once the offer closes. 
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by RJ Shara | Jan 18, 2021 | Startups
The COVID-19 pandemic shined a harsh spotlight on the challenges many elderly individuals deal with. Older grownups are among the highest-risk groups for establishing cases that need hospitalization and nursing homes were specifically susceptible to outbreaks. While handling COVID-19, the senior have also faced lots of other issues, consisting of the difficulty of accessing medical care for […] , the international population of people 65 and over is growing much faster than any other age group. Tech can assist in many methods: by assisting caregivers (and decreasing burnout), allowing elders to perform health tracking at house and producing tools to combat isolation. Other startups from AARP Development Laboratory focus on helping caretakers, too., assists household members coordinate caregiving jobs and ask for support. 
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by RJ Shara | Sep 15, 2020 | Fundings and Exit, Startups
Homage, a Singapore-based caregiving
and telehealth company, has actually taken a major step in its worldwide expansion plan. The startup revealed today that it has actually gotten tactical financial investment from Infocom, the Japanese info and interactions innovation company that runs among the biggest health care IT companies in the country. Infocom’s services are used by more than […]
, the Japanese info and interactions innovation company that runs one of the largest healthcare IT services in the country. Infocom’s options are utilized by more than 13,000 healthcare facilities in Japan. The deal consists of a local partnership that will enable Homage to introduce its services into Japan, and Infocom to expand its reach in Southeast Asia. The startup revealed today that it has actually gotten strategic investment from Infocom, the Japanese info and communications technology business that runs one of the largest healthcare IT companies in the country….
by RJ Shara | Jul 8, 2020 | Startups
K4Connect, a startup focused on bringing brand-new innovations like voice assistance, home automation, digital messaging and more to older adults and those living with specials needs, has closed on $21 million in Series B financing. The B round had originally wrapped in October 2018, however was extended with the recent addition of $7.7 million led by […] Now K4Connect’s CEO, Moody had actually moved to Raleigh, N.C. to retire, but quickly realized he still had energy left to begin another company. Originally, the start-up’s focus had been on bringing clever house innovations together through what’s now K4Connect’s trademarked operating system, FusionOS.”We kind of saw it coming,”Moody confesses. With the included financing, K4Connect, now a group of 57 complete time, prepares to additional expand into the senior market, including not just those in centers and senior neighborhoods, however also those living in inexpensive real estate on their own. …
by RJ Shara | Jun 4, 2020 | Startups
Tribute, the Singapore-based start-up that matches caretakers and families, has released a new service that offers house medical check outs, telehealth consultations and medication shipment. Called Tribute Health, the service was currently being developed prior to the COVID-19 pandemic, however co-founder and CEO Gillian Tee informed TechCrunch that its launch was accelerated because much of the company’s […] Backed by financiers including HealthXCapital, Alternate Ventures and KDV Capital, Tribute launched in 2016 with a caregiving program that focuses on people who need long-lasting assisted living and rehab care. Before introducing Homage Health, the startup worked with health care companies to deliver mobile medical services, consisting of doctor home calls, for its customers, and telehealth consultations as part of its COVID-19 reaction. Tribute Health will broaden to consist of more rehab and treatment classifications. …
by RJ Shara | Apr 3, 2020 | Startups
The world’s population is aging, but the requirements of senior people are still being underserved. A United Nations report found that older people comprise more than one-fifth of the population in 17 nations, and by 2100, a bulk of the world’s population, or 61%, will be aged 60 and above. One of the most […] One of the most urgent needs for households is caregiving, with demand overtaking the swimming pool of qualified suppliers.”It’s not the most convenient space to be in, and I would say that you do need to want to be deliberately working in this area, rather than just falling into it. …
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