SafelyYou Raises $40M in Series B Funding
- SafelyYou, a San Francisco CA-based AI-enabled fall management technology, raised $40M in Series B funding
- The round was led by Omega Healthcare Investors with participation from SCAN Group, a mission-driven organization dedicated to keeping seniors healthy and independent
- The two new strategic investors joined existing investors Eclipse Ventures, Foundation Capital, Founders Fund, and DCVC, and the new round raised venture funding total to approximately $70m
- As part of its investment, Omega also prepaid $10 million to fund installations of SafeyYou across their 944 facilities
- The company intends to use the funds to growth and expand the availability of its fall management technology
- The company leverages artificial intelligence to detect falls with accuracy and provides fall video for root-cause analysis, empowering care staff to help prevent future falls
