10 European startups catering to the problems of the elderly with technology

10 European startups catering to the problems of the elderly with technology

This article will take you 5 minute(s) to read

Currently, there is an unprecedented demographic challenge across the world. The major challenge is due to the increase in the aging population and this is becoming a concern. As a result, people are looking for ways to develop respectful and economically sustainable solutions that provide care for the elderly people.

There are residential home care solutions that adapt to special cases. Apart from this, technology has made its way to the age tech industry and is focusing on providing the elderly people with much-needed healthcare solutions among others. There are many companies that are a part of the age tech revolution and here we list ten such European startups providing elderly care as sourced from Dealroom.

Cera (UK)

Founders: Mahiben Maruthappu, Marek Sacha, Martin Ocenas
Funding: €19.1 million
Valuation: $68 million – $102 million
Founded year: 2015

Why its hot: Cera specialises in providing the right care and continued support to the elderly people as long as they need it. The company aims to change the world of home care by offering support to elderly people letting them live a happy and comfortable life at their home. The company provides them with the best quality care and companionship.

Pflege.de (Germany)

Founders: Lars Kilchert, Benedikt Zacher
Funding: €15.5 million
Valuation: €16 million – €24 million
Founded year: 2011

Why its hot: pflege.de is a leading contact point for people who need care and their caregivers. It helps them organise their lives despite their mental and physical challenges. The platform is supported by well-known donors and offer telephone advice and assistance for free. Also, the company provides aids and products, safety solutions for home care, facilities for assisted living, care and living facilities.

Birdie (UK)

Founders: Abeed Mohamed, Gwen Le Calvez, Max Parmentier
Funding: €7.4 million
Valuation: €28 million – €42 million
Founded year: 2017

Why its hot: Birdie operates with the vision to build a society where everyone can age with confidence. The company wants everyone to go through the journey with confidence so that they can explore it on their own terms. It offers people with the best quality care with its qualified care partners. Birdie uses apps and connected home devices to keep track of the elders’ well-being in real-time.

Careship (Germany)

Founders: Antonia Albert, Nikolaus Albert
Funding: €9.6 million
Valuation: €24 million – €36 million
Founded year: 2015

Why its hot: Careship offers a very personal experience as it provides individual and personalised support to many families. The company operates with the mission to let families access the best individual and personal support. It aspires to work together with the best helpers.

No Isolation (Norway)

Founders: Karen Dolva, Marius Aabel, Matias Doyle
Funding: €8.7 million
Valuation: NOK160m – NOK240m
Founded year: 2015

Why its hot: Oslo-based No Isolation aims to reduce loneliness and involuntary social isolation with its communication tools to help those who are affected. The first product from the company is a telepresence robot called AV1. It acts as the eyes, ears and voice of kids in the classroom and lets children and adults affected by long-term disabilities and illness so that they can take part in social and educational activities.

cettefamille (France)

Founders: Agathe Pommery, Paul-Alexis Racine-Jourdren
Funding: €2 million
Valuation: €8 million – €12 million
Founded year: 2016

Why its hot: cettefamille uses is a customised and economical alternative to retirement homes. It is a network of professionals and accredited families in France that match the elderly with welcoming homes. cettefamille uses a comfortable alternative to group living in retirement communities and nursing homes at two to three times lower than the cost of usual retirement home options.

Libify Technologies (Germany)

Founders: Tim-Julian Hartmann
Funding: €6 million
Valuation: €24 million – €36 million
Founded year: 2010

Why its hot: Libify operates with the goal to enable people to live a comfortable and safe life at any age. It has laid the foundation with a specially designed emergency call system called Libifycare. It offers them 24 hours of best quality care that the elderly people look for.

Zembro (Belgium)

Funding: €4.5 million
Valuation: €18 million – €27 million
Founded year: 2014

Why its hot: Zembro was founded by a slew of talented and enthusiastic individuals. The company has developed a bracelet for the elderly people, which will be connected to an app that you can use to get real-time updates about your loved ones. The wearable device has an alarm and location and supports multiple users including family, friends and an emergency centre.

SuperCarers (UK)

Founders: Adam Pike, Daniel Pike
Funding: €5.9 million
Valuation: £15 million – £23 million
Founded year: 2014

Why its hot: SuperCarers is a simple system aimed at reducing the cost to families and offers rewards carers. It is an introductory service, which helps connect individuals and organisations with experienced, trusted and fully vetted carers in the locality. The startup provides the necessary tools to coordinate care with the carer.

Ouihelp (France)

Founders: Pierre-Emmanuel Bercegeay, Victor Sebag
Funding: €3.3 million
Valuation: €12 million – €18 million
Founded year: 2016

Why its hot: Ouihelp is a home help solution meant for elderly and lets them live at the comfort of their home as long as possible. It guarantees the dependent to have the same life assistant with personality and skills as per the needs. There are 40 employees across cities including Paris, Rennes, Lille, Lyon and Nantes.

Stay tuned to Silicon Canals for more updates in the tech startup world.

Also read,

French deep tech AI scaleup METRON raises €10M funding, aims to expand globally now

Leave a Reply

*