2 SaaS Startups in the Elder Care Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Elder Care industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 2 VC funded SaaS startups in the Elder Care industry.

Rehab for JAPAN

Rehab for Japan is developing a special rehabilitation SaaS for day service .

Company details:
Founders:
Okubo Ryo
Founded:
2016
Based in:
Tokyo, Tokyo, Japan
Industries:
Elder Care, Health Care, Rehabilitation, SaaS, Software
Latest funding:
$6,430,690
Series B
24 May 2021
Total funding:
$8,805,667
Investors
Global Brain Corporation, Kirin Holdings, SMBC Venture Capital, Mitsubishi UFJ Capital, Cyberdyne

TCARE

TCARE’s Medicaid-approved, SaaS platform reduces caregiver burnout and delays nursing home placement. TCARE’s evidence-based predictive technology saved Washington State Department of Social and Health Services over $10M in a 2,300-caregiver pilot by delaying nursing home admissions by 18-24 months. TCARE enables family caregivers to keep their loved ones at home longer. TCARE’s aging-in-place enterprise SaaS solution partners with government and healthcare entities. TCARE uses its scientifically-validated algorithms to create an individualized care plan, which reduces stress and burnout of caregivers and allows their loved ones to age in place.

Company details:
Founders:
Ali Ahmadi, Linda Miller, Mike Mings, Nate Moore, Vijay Anand
Founded:
2014
Based in:
Saint Louis, Missouri, United States
Website:
TCARE
Industries:
Elder Care, Health Care, InsurTech, Retirement, SaaS, Wellness
Latest funding:
$17,000,000
Series A
8 September 2022
Total funding:
$17,850,000
Investors
gener8tor, Arch Grants, National Institutes of Health, SixThirty, Plug and Play

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