What You Should Know:
- K4Connect, a Raleigh, NC-based mission-centered healthtech company and provider of enterprise operations tech for the senior living communities raises $8.9M in funding co-led by Bryce Catalyst and AXA Venture Partners, with continued support from existing investors, including Intel Capital, Forté Ventures, Topmark Partners, and the Ziegler-Linkage Fund.
- This latest round brings the company’s total funding raised to $39M and will be used to drive further adoption in the senior living market while continuing to advance its patented FusionOS technology with new application integrations and the ability to customize its market-leading K4Community Engagement Suite.
Improving Senior Living Through Innovation and Technology
Founded in 2013, K4Connect delivers technology and solutions to providers serving older adults and those living with disabilities. The company’s patented FusionOS technology and award-winning K4Community engagement suite serve tens of thousands of residents and staff in senior living communities across the United States. With K4Connect, operators can better serve the needs of today’s residents and staff and drive operational efficiencies, while future-proofing their technology investments.
K4Connect’s FusionOS technology is the industry’s first and only enterprise-class operating system that provides a “many-to-many” API integration capability. FusionOS enables senior living operators to seamlessly integrate new and emerging technologies and leverage critical health and behavioral data across connected systems and applications to optimize caregiver workflows, lower costs, and improve resident care. While the industry has seen significant growth in technologies that address many of senior care’s most prevalent issues, senior living operators can only unlock the full potential of data-rich technologies by deploying enterprise solutions that enable them to strategically integrate innovative technology services at scale.
Along with the new funding, K4Connect also announced today that Mike Weller will be joining the company as the Chief Operations Officer. Mike has been working with K4Connect over the last year and brings a wealth of experience and knowledge in client success, data analytics, and operations. “Mike’s experience in client success and in creating value in data-rich environments is a natural fit in the evolution of our company as we look to use data to drive operational insights and efficiencies for our customers, while improving the lives of the older adults who we ultimately serve,” said K4Connect Chief Mission Officer and CEO, F. Scott Moody.