The Israeli business is developing an artificial intelligence-powered in-home virtual care agent to assist long-term care professionals in assisting elders in aging in their own homes.
Sensi.ai, an AI-powered virtual care management platform, announced the completion of its $14 million Series A fundraising round led by Entrée Capital.
The round was also participated in by existing investors Flint Capital and Homeward Ventures, as well as new investors Almeda Ventures, Operator Partners, Jibe Ventures, and Yossi Matias (Google’s Health AI).
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Founded in 2020 by Nevo Elmalem, Romi Gubes, and Alon Brener Sensi is developing an AI-powered in-home virtual care agent to assist long-term care providers in assisting elders in aging in place. Sensi enables agencies to deliver a hybrid, holistic in-home care solution that combines on-premise (continuously validated) physical care with 24/7 virtual support.
“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.”
Sensi’s platform is based on audio analytics developed specifically for care environments, which can automatically analyze both mental and physical events and trends, and provide in-depth insights that help agencies to significantly improve the overall wellbeing of their clients, and help families with confidence and peace of mind with regards to their loved ones.
Sensi has analyzed over 15 million interactions to date. Six of the top ten U.S. homecare franchises validated Sensi by onboarding its proprietary technology.
“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 that also truly “makes the world a better place” is a great privilege.”