Friday, May 14, 2021

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Aloe Care Health: Raises $5M in Funding

  • Aloe Care Health, a NYC-based provider of an advanced voice-activated medical alert system and caregiver support platform, raised $5m in funding
  • Backers included City Light, Laerdal’s new Million Lives Fund, the Springbank Collective, and Drumbeat Ventures
  • The company also intends to use the funds to expand operations and its business reach and development efforts
  • Led by Ray Spoljaric, co-founder and CEO, Aloe Care provides a voice-activated, in-home digital care assistant for remote caregiving
  • The company’s advanced solutions also include an in-home Smart Hub for secure, two-way, hands-free voice communication, and additional Smart Sensors to detect falls, motion, air quality, and temperature
  • Aloe Care bolstered by 24/7/365 access to a professional emergency response team

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