Sensi.ai, an AI-enabled virtual care management platform, has raised USD 14 million in a Series A funding round led by Entrée Capital on 27 January 2022. With this round, the company has raised USD 17.5 million to date.
Investors: Entrée Capital led the latest funding round with participation from Existing investors Homeward Ventures, Flint Capital, as well as new investors Almeda Ventures, Operator Partners, Jibe Ventures, and Yossi Matias (Google’s Health AI).
The Objectives behind the funding: The company plans to deploy the current proceeds to accelerate penetration to the US market.
About Sensi.ai
Founded in 2020 by Keren Etkin, Alon Brener, Nevo Elmalem and Romi Gubes, Sensi.ai is the world’s first in-home virtual care agent. It empowers long-term care providers to overcome some of the biggest challenges in the industry and provide their customers with 24/7 support in a cost-efficient and scalable manner while significantly upping the quality of care. Its platform leverages artificial intelligence to enable care agencies to offer 24/7 services, despite the massive shortage of caregivers and regardless of any client’s financial capacity to afford round-the-clock care. The company currently employs 40 people in Tel Aviv and California.
The company is developing technology that listens to sounds in the homes of the elderly who need treatment, analyzes them using an artificial intelligence system and alerts them to unusual events or fears of the development of situations that require treatment. The system is rapidly gaining ground in the American market, and the company’s customers include six of the ten largest American nursing services companies.
What the Founder has to say:
“Our team has a clear mission: to transform home healthcare for the elderly while meeting the growing demand for long-term care,” said Romi Gubes, CEO of Sensi.AI. “With the rapidly aging population and with the massive turnover in care staff, we are looking at an industry that will be facing unprecedented challenges in just a few years. As such, we are seeing agencies increasing their investment in technology, resulting in a significant and growing demand for our products and services. We see great opportunities ahead to help minimize the gap between supply and demand in the care industry and enhance the aging-in-place model.”
What the Investor has to say:
“We were impressed with Sensi’s vision and approach to solving a timely and critical problem,” said Eran Bielski, General Partner at Entrée Capital. “Sensi meets all of the requirements we look for when investing in outstanding businesses which are led by a strong founding team. Long-term care for the elderly is a trillion-dollar market, so having the opportunity to propel a much-needed advancement which also truly “makes the world a better place” is a great privilege.”
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