What You Should Know:
- Senior companion and support platform Papa, today announced a $150M in Series D funding to extend the reach and scale of Papa’s innovative solution. With a valuation of $1.4B, this funding round, led by SoftBank Vision Fund 2 and with participation from TCG, Tiger Global Management, Canaan, Initialized Capital and Seven Seven Six, brings Papa’s total funding to $240 million.
- Since its 2017
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Aging Care
UArizona Awarded $60M to Launch Precision Aging Network
What You Should Know:
- The University of Arizona has been awarded a five-year $60 million grant from the National Institutes of Health to create and lead a Precision Aging Network that could transform the way we think about the aging brain.
- The network will bring together researchers from across the country to better understand how and why people experience brain aging differently, with the ultimate goal of developing more effective treatments and interventions targeted to the
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Rendever Awarded $2M NIH Grant to Research Impact of Virtual Reality on Aging Population
What You Should Know:
- Rendever, a Boston-based virtual reality (VR) platform built to help seniors overcome social isolation through shared experiences, announces that it has been awarded a $2M Phase II Grant from the National Institute on Aging (NIA), a division of the National Institutes of Health (NIH).
- This grant will fund a registered multi-site clinical trial, in conjunction with the University of California Santa Barbara, to further Rendever’s continued research on the effects
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Naborforce Raises $2M to Expand Social Engagement, On-Demand Support for Older Adults
What You Should Know:
- Naborforce, a Richmond, VA-based company connecting aging adults to a network of trusted care providers for companionship and on-demand support, announced it has raised $2M in seed funding led by Claritas Capital.
- Inspired by JOY to promote engaged, productive and connected aging and living, Naborforce's tech enabled platform connects aging adults to a network of “Nabors” for social engagement and on-demand support with errands, transportation and help around the
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Papa Launches Virtual Primary Care Platform to Support Aging Americans During The Pandemic
What You Should Know:
- Papa, the popular "family on-demand" service for older adults, today announced the launch of Papa Health, a new virtual health platform aimed at improving health outcomes for the vulnerable aging population during the pandemic.
- The comprehensive health management platform will include
virtual primary care, urgent care, and chronic care management - adding to
its existing services that provide older adults with companionship
and assistance with
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Disruptors or Interrupters? How Apple Is Faring In Their Healthcare Initiatives
Key Highlights
- Part one of our new in-depth series on Apple, Google, and Amazon's latest healthcare efforts since our last report in April 2019.
- A look at Apple's recent healthcare developments, as well as an analysis of what goes beyond the news.
Over the last few decades the “digital age” has enabled many garage-based startups to transform into sustained successes by targeting problems that begged to be solved digitally. Sometimes their leaders identified and resolved
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Papa Raises $10M to Expand “Grandkids on Demand” Platform to Address Social Isolation in Seniors
- Papa raises $10M in Series A funding to expand “grandkids on-demand” platform to help reduce social isolation in seniors. - Adds partnerships with multiple large health insurance plans, including Humana, Aetna, Priority Health and Alignment Healthcare. - Papa will use the funding to expand its services to a broader population of older adults, via partnerships with additional insurance plans and employee benefits provider.Papa, a digital health company that provides “grandkids on demand” to
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Mon Ami Lands $3.4M to Tackle Social Isolation in Aging with Companions
- Mon Ami raises $3.4M in seed funding led by Freestyle Ventures and Cowboy Ventures to tackle social isolation in aging.
- By pairing older adults with college students for social visits, Mon Ami's marketplace focuses on life enrichment, not just life extension and fills a much-needed gap in the home care service industry.
Mon Ami, a Palo Alto, CA-based digital health company tackling social isolation in aging, today announced the closing of its $3.4M seed financing led by Freestyle
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XLerateHealth Unveils 2019 Louisville Cohort of 9 Digital Health Startups
XLerateHealth, a Louisville, KY-based healthcare accelerator announced it has selected nine digital health startups to participate in its 2019 Louisville accelerator cohort. This is the 8th cohort to be selected into the bootcamp program since XLH’s launch in 2013.XLerateHealth (XLH) Accelerator Program OverviewThe accelerator’s 12-week intensive program will help the early-stage healthcare companies build out their commercialization strategy, which includes their intersection with Payers,
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StartUp Health:10 Trends Driving the Future of Aging Care
According to the American Medical Student Association, the population of individuals over the age of 65 will increase by 73 percent between 2010 and 2030, meaning 1 in 5 Americans will be a senior citizen. For the next 20 years, about 3 million baby boomers will hit retirement age yearly.
With the tsunami wave of boomers getting older and multiple chronic conditions is set to place a tremendous financial burden on the US healthcare system, especially as it related to Medicare. Census Bureau
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