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SafelyYou secures $43M for AI-assisted senior living and more funding news

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SafelyYou, maker of AI-enabled technology for fall detection and prevention, closed a $43 million Series C funding round led by Touring Capital, bringing its total raise to more than $100 million. 

Samsung Next, Omega Healthcare Investors, Inc., Foundation Capital, Founders Fund, Cross Creek, and Qualcomm Ventures participated in the round. 

The San Francisco-based company offers ambient AI technology to reduce fall risks and improve senior living care, including monitoring technology that directly integrates with EHR and eCall. 

In 2021, the company secured $30 million in Series B funding months after closing its $19.5 Series A round

"We're so grateful for this funding at a critical juncture in care delivery for senior living when SafelyYou's solutions are more important than ever," SafelyYou founder and CEO George Netscher said in a statement. 

"I started this company to help my mom and to help so many families like ours who have a loved one living with dementia. And we've grown to provide broader care support in senior living. Now, at a time when resident acuity is increasing, care demands are greater, and staffing continues to be a crisis, we'll be able to empower operators to predict care needs with unmatched speed and accuracy, revolutionizing how senior care is provided."  


Hone Health, a telehealth platform focused on hormone health and longevity, completed a $33 million Series A funding round, bringing its total funding to $39 million. 

Republic Capital, Tribe Capital, PIF, Humbition, Looking Glass Capital, Vibe VC, Hanwha, Gaingels, Agent Capital and FJ Labs participated in the round.

The company offers testing that measures and assesses an individual's hormone health, connects them via video consultation with a licensed physician, provides medications and supplements and provides quarterly biomarker tests and physician follow-ups.  

The company will use the funds to expand its preventive longevity offerings. 

"Hone Health has quickly emerged as a leader in men's health, prioritizing patient safety and delivering a unique, comprehensive solution that addresses critical market needs. We are excited to support their next phase of growth as they continue to expand their footprint into longevity and holistic healthcare," Ted Maidenberg, partner from Tribe Ventures, said in a statement.


Aligned Marketplace, a primary care marketplace for self-insured employers, announced it secured an additional $3 million in seed funding, bringing its total seed raise to $11 million.

The additional funding came from existing investors A* Capital and Maverick Ventures.

The company works with self-insured employers to offer their employees a national and value-based primary care network. The network includes Amazon's One Medical, Cirrus MD, Well Life, Primary Health Partners, Aledade and more.   

"As employers grapple with rising healthcare costs, they are motivated to find innovative, value-based solutions. Advanced primary care is a win-win for employers who are looking to cut down on costs and provide access to healthcare their employees will actually use and love," Patrick Nelli, CEO of Aligned Marketplace, said in a statement. 

"We are excited to present the partnership with 7-Eleven and other employers this spring at multiple employer benefit conferences."

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