SafelyYou Closes $19.5M Series A Funding Round
- SafelyYou, a San Francisco, CA-based provider of artificial intelligence-enabled fall detection and prevention for dementia care, closed a $19.5m Series A financing round
- The round was led by Eclipse Ventures with participation from Founders Fund, as well as existing investors DCVC and Foundation Capital
- TSQ Advisors, Pathbreaker Ventures, The House Fund, Swift Ventures, Pacific Health Ventures, Anorak Ventures, and 7Percent Ventures
- The company intends to use the funds to scale up its assisted living and skilled nursing business
- The company utilizes artificial intelligence to empower care staff to implement fall prevention
- The company is already deployed in numerous communities in North America
