Aloe Care Health, cofounded by Ray Spoljaric, is a modern medical alert system that offers live, hand-free communications with family and emergency response teams that has integrated motion, temperature, and air quality sensors.
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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/20/2021 featuring funding details for HYPR, MANTL, and much more.
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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/20/2021 featuring funding details for HYPR, MANTL, and much more.
Aloe Care s 2020-21
brisk revenue growth was achieved across multiple revenue streams, including white-label offerings, private duty homecare providers, select insurance partners, and direct-to-consumer online sales. This round ensures the company can continue to meet the exceptional pace of adoption by elders and caregivers in the wake of COVID-19. With more than 50 million people in unpaid caregiving roles, and nearly 60 million people now aged 65+, Aloe Care is poised to support nearly half of the U.S. adult population.
Josh Cohen, Partner at City Light, said, We exist to support companies like Aloe Care - those that are making a measurable impact on large-scale societal issues. Aloe Care is delivering a solution critically needed by millions of people, elders and caregivers alike, Cohen noted.