SafelyYou, a San Francisco, CA-based company which specializes in empowering care across senior living through AI, hardware, and remote expert clinicians, raised $43M in Series C funding.
The round, which brought the total amount to $100M, was led by Touring Capital with participation from Foundation Capital, Omega Healthcare Investors, Founders Fund, Cross Creek, Samsung Next, and Qualcomm Ventures.
Founded in 2016 by George Netscher, SafelyYou provides a suite of products to address resident well-being, staffing challenges, and accuracy in billing for operators.
The company intends to use the funds to expand products, including SafelyYou Clarity™, which offers senior living’s first and only choice for accurate care measurement without wearables, and SafelyYou Aware™, which leverages the company’s dataset to provide insight into resident wellness, improving outcomes. Additionally, they will use data to help operators predict residents’ care needs, making care delivery in the industry more efficient and effective than ever before.
Its first product, SafelyYou Respond™, addresss falls in memory care, as those with cognitive decline fall twice as often as those without.
SafelyYou was spun out of UC Berkeley’s Artificial Intelligence Research Lab.
FinSMEs
29/01/2025