SafelyYou
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|
Revenues | 1.1m | 2.3m | 2.8m | 17.0m |
% growth | - | 105 % | 22 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
* | $230k | Grant | |
N/A | N/A | Seed | |
$1.6m | Grant | ||
N/A | Seed | ||
N/A | N/A | - | |
$19.5m | Series A | ||
* | $40.0m | Series B | |
* | $30.0m | Debt | |
Total Funding | €55.8m |
Recent News about SafelyYou
EditSafelyYou is a pioneering company in the senior care industry, leveraging advanced artificial intelligence (AI) to transform care in senior living communities. The company specializes in fall detection and prevention, providing AI-enabled video monitoring systems that help detect and prevent falls among residents. This technology allows staff to respond to incidents quickly, ensuring timely care and reducing the risk of severe injuries. SafelyYou serves senior living communities, including assisted living and memory care facilities, aiming to improve resident well-being and operational efficiency.
Operating in the healthcare technology market, SafelyYou's business model revolves around a subscription-based service, where senior living communities pay for access to their AI-powered monitoring systems and clinical insights. The company generates revenue through these subscriptions and offers additional services such as fall huddles, where professionals support direct care staff in making informed decisions to prevent future falls.
By providing unmatched clinical insights and a clearer understanding of resident risk, SafelyYou helps communities reduce costs associated with falls, improve care quality, and drive profitability. The company's innovative solutions are designed to create safer environments for residents while making it easier for staff to deliver consistent, high-quality care.
Keywords: AI-driven, fall detection, senior care, operational efficiency, video monitoring, clinical insights, resident well-being, subscription-based, healthcare technology, fall prevention.