AceAge
Latest round
- Seed
Last raised
- Aug 2017
Total raised
- $1.6M
Investors
- 4
About AceAge
AceAge Inc.Founded in 2015, AceAge Inc. is based in Burlington, Canada, and develops healthcare solutions aimed at enhancing medication management.AceAge primarily offers a healthcare technology solution centered around its flagship product, Karie, a personal health companion designed to enhance medication adherence among elderly patients. Released in 2019, Karie functions as an automated pill dispenser that organizes, schedules, and dispenses medication with a single-button operation. This device is tailored to meet the needs of elderly patients living alone, addressing the significant issue of poor medication adherence, which can lead to adverse health outcomes. In addition to Karie, AceAge is involved in various initiatives such as the I2P2 study in collaboration with the Centre for Aging + Brain Health Innovation (CABHI) and the application of facial recognition technology to further enhance user experience.AceAge generates revenue through direct sales and partnerships with healthcare organizations, leveraging the growing emphasis on digital health solutions among aging populations. The primary transaction structure revolves around B2B relationships with healthcare providers and pharmacies who integrate Karie into their service offerings, enhancing medication management for their clients. Revenue streams include sales of the Karie device, along with potential subscription models for software updates and ongoing support services. Partnerships with companies such as CareRx and Dignio AS facilitate expanded market reach and collaborative efforts in improving remote patient care.In April 2022, AceAge Inc. The company is focused on developing new products to enhance its service offerings and plans to target additional markets across North America and Europe by the end of 2023, aiming to solidify its presence in the digital health sector.
Who invested in AceAge
4 investors across 2 rounds
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Questions about AceAge
Who invested in AceAge?
AceAge has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AceAge raised?
AceAge has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did AceAge last raise money?
AceAge's most recent round on record is a Seed, in Aug 2017.
What does AceAge do?
AceAge is a medical devices & equipment company.
Where is AceAge headquartered?
AceAge is headquartered in Burlington, Canada.
Which VCs invest in companies like AceAge?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at AceAge's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Seed
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