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HomeFinTechLilli: Raises £4.5M in Pre-Series A Funding

Lilli: Raises £4.5M in Pre-Series A Funding

  • Lilli, a London, UK-based SaaS company using machine learning to innovate home care, raised £4.5m in a pre-Series A funding
  • The round organized by West Hill Capital
  • Lilli provides a machine learning powered SaaS platform to alleviate the pressures of caring for an ageing UK population with long-term health conditions
  • The solution uses machine learning to analyse a range of data sources, such as temperature, motion, and power usage
  • This provides real-time data and insights to those responsible for caregiving to provide reassurance about wellbeing and highlight any causes for concern
  • As a result, health and social care providers can intervene earlier, whilst monitoring at a distance, reducing the need for hospital admissions and lowering costs
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