Market Overview for Technology for Aging in Place

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Pillo Health Raises $11M in Series-A Funding

05/30/2019

BOSTON, MA – (May 29, 2019) – Pillo Health, a Boston-based technology company improving longevity and quality of life for patients managing their health at home, today announced that is has secured $11 million in funding from leading venture investors to complete its Series-A round. The capital will be used to drive growth and innovation as Pillo Health builds out its voice-enabled medication and care management platform for the home.

New Version of CAREMINDr Remote Patient Monitoring Platform Leverages Latest Biometric Capabilities of Smartphones

05/14/2019

New Version of CAREMINDr Remote Patient Monitoring Platform Leverages Latest Biometric Capabilities of Smartphones
 

Mobile-enabled remote patient monitoring solution now captures biometric data, voice and photos to further enhance clinically relevant care journeys

 

Highlighting Eight Technologies from the 2019 Market Overview

The new trend – tech/services for older adults, not just tech.  When the 2009 Market Overview was completed a decade ago, there were gadgets galore, most introduced with maximum enthusiasm and a shoestring of cash.  Today, perhaps due to pending boomer bulge, innovators and their funders may be having a somewhat easier time, at least in some market categories – health, home care, transportation come to mind.  The other apparent trend is the enthusiasm of partners (health care, senior living, home care) to try out new tech-enabled services that target a problem or opportunity that may have existed a decade ago, but is truly apparent today. Finally, the pace of tech improvement is notable – lower cost and improved utility of on body (or in-room) sensors, predictive analytics, and device integration – with smartphones, health systems, and broader solution sets.  Here are eight of the 33 new offerings from the 2019 Market Overview (material from the vendor/news sites) that deserve a closer look – future posts will highlight others:

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