Agetech News No. 18

Aug 4, 2022 3 min read
Agetech News No. 18

Announcing the Founder Series Podcast

July was a strong month of Seed to Series B deals with 13 different transactions, in addition to 3 acquisitions. Notably absent were late-stage venture deals. Is this a blip or a sign of things to come? Only time will tell but remember, senior care has traditionally been recession-proof when the economy goes south—older adults lean harder on support services increasing the need for Agetech solutions.

In other news, we are excited to announce the launch of our very own podcast! Starring in this venture is Sarah Thomas of Delight by Design, a consulting firm which specializes in assisting Agetech startups. Sarah has been an integral part of the Agetech News team since its founding, helping drive this field from niche to mainstream.

Unlike the other podcasts out there we're not going to feature industry experts or investors. Instead we're focusing on founders, the individuals who are dedicating their lives to improving different parts of the aging experience. The reasons behind their missions are incredible; their goals are ambitious and inspiring.

Subscribe to the Agetech News Founder Series Podcast and tune in every Friday to hear directly from the entrepreneurs who are changing the way we age.

July Highlights

Physician-led medical group CareConnectMD Inc. raised a $25M financing round to go towards expanding its footprint in California, Ohio and Texas (Home Health Care News)

Moving Analytics, a virtual at-home intervention program for high-risk cardiac patients, landed $25M for virtual rehab services (Tech Crunch)

NutriSense raised $25M in Series A funding for their sensors that track glucose levels (Build In Chicago)

Data exchange platform Particle Health recently announced that it had raised $25M in funding to evolve the capabilities of its API platform (Mobi Health News)

Canvas, an electronic medical records (EMR) startup helping stakeholders to keep better track of patient data, raked in $24M in Series B funding (Tech Crunch)

Kizik, creator of hands-free shoes, and its parent, HandsFree Labs, Inc., completed a $20M Series B funding round to launch a Kizik Kids line and create a retail footprint with Kizik stores (FinSMEs)

Healthie, which offers tech infrastructure for virtual care and digital health companies, raised $16M in a Series A round which will be used to strengthen the platform (Mobi Health News)

Sage, which is replacing nurse call systems with technology that connects resident activity to caregivers to improve care, raised $9M in Seed funding to expand its team and scale its business reach (FinSMEs)

Hank, a platform that connects older adults with others in their communities, announced $7M in Seed funding to expand to new markets (Tech Crunch)

Risk adjustment software startup ForeSee Medical grabbed $6.7 in recent funding (SEC)

Resolve, a healthcare startup which aims to make healthcare bills fair, raised $3.3M in Seed funding to grow operations and expand its business reach (FinSMEs)

Welbi Technologies Inc. announced a $3M CAD Seed round that will enable the startup to expand across Canada and into the United States with its patient engagement software for seniors in long-term care facilities (BetaKit)

Frolick, a meal delivery service featuring budget friendly, chef-prepared meals, raised $1.8M in Pre-Seed funding (FinSMEs)

Matchwell, the healthcare staffing solution built for today's flexible workforce, announced it has been acquired by Medical Solutions, one of the nation's largest providers of total workforce solutions serving the healthcare industry (PR Newswire)

Newly launched Serviam buys SeniorVu with eye on value-based care (Senior Housing News)

Spartan Innovations announced its seventh Conquer Accelerator Cohort (Michigan State University Foundation)

Senior care communication platform VoiceFriend acquired Caremerge and rebranded to Icon (Business Wire)

Around the World

Israeli 4D imaging radar developer Vayyar Imaging secured $108M in a Series E funding round to enhance its machine and deep learning capabilities, expand to other geographic markets, and accelerate growth across additional industry verticals (NoCamels)

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