SafelyYou Secures $43M to Enhance AI Solutions for Senior Living Innovation
SafelyYou, a pioneering technology firm in senior care, has recently raised $43 million in a Series C funding round led by Touring Capital. This significant investment boosts the company’s total capital raised to over $100 million, as they aim to enhance their technology solutions to tackle pressing issues within the senior care sector.
Funding to Enhance Senior Care Technology
With this latest funding, SafelyYou plans to expand its offerings to address the increasing challenges faced in senior care, such as:
- Growing resident acuity
- Staffing shortages
- Improving care accuracy
According to Coverager, SafelyYou is introducing two innovative solutions:
- SafelyYou Clarity: An automated care tracking system.
- SafelyYou Aware: Utilizes data-driven insights to anticipate residents’ care needs.
Prominent Clients and Industry Impact
SafelyYou serves a diverse range of leading senior living providers, including:
- StoryPoint Senior Living
- Benchmark Senior Living
- Midwest Health
- Senior Star
CEO’s Vision for the Future
George Netscher, founder and CEO of SafelyYou, expressed gratitude for the funding, emphasizing its importance at this critical time for senior care. He stated, “I started this company to help my mom and many families like ours who have a loved one living with dementia. We aim to provide broader care support in senior living. With the increasing demands for care and ongoing staffing crises, our solutions will empower operators to predict care needs with unmatched speed and accuracy, revolutionizing senior care delivery.”
As SafelyYou continues to innovate, their efforts highlight the growing importance of technology in providing effective and compassionate care for seniors. For more information on advancements in senior care technology, visit Senior Safety.
