# People Power Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/people-power-company

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.peoplepowerco.com
- Total disclosed funding: $6.1M
- Latest round: Series B (Aug 31, 2015)
- Investors on record: 5

## About

People Power Company provides innovative artificial intelligence solutions aimed at enhancing health and wellness management in various environments, including residential and commercial spaces.Founded in 2009 and headquartered in Palo Alto, US, People Power Company specializes in AI technology for health and wellness management. The company has undergone strategic pivots, focusing on smart monitoring solutions. Led by founder David Moss, who has a history of entrepreneurship, the company raised USD 0.20 mn in its Series B financing round in February 2017, bringing the total amount raised to USD 0.20 mn, with a current valuation of USD 21.46 mn.Care Daily, previously known as People Power Company, specializes in artificial intelligence solutions tailored for physical spaces, focusing on enhancing the management of health and wellness in residential and commercial environments. The company’s flagship offerings include smart monitoring systems and data analytics tools that empower users to optimize their living and working conditions. These technologies aim to address challenges related to operational efficiency, energy consumption, and occupant wellness by leveraging real-time data and machine learning algorithms. Care Daily serves a diverse clientele, including property management firms, health care providers, and individual consumers, primarily in North America and Europe, with a particular emphasis on urban markets such as San Francisco, Toronto, and Helsinki.Revenue for Care Daily is generated through a subscription-based model for its software services, which provide ongoing access to its suite of AI-driven monitoring tools. Clients typically engage with the company through standard annual contracts, which may include tiered pricing plans based on the number of units or services utilized. This structure facilitates a consistent revenue stream, with additional opportunities for collaborative partnerships and integrations with other health and wellness platforms. The company’s revenue is bolstered by its commitment to innovation in smart technology, ensuring that its products remain competitive and relevant in a rapidly evolving market.In February 2017, People Power Company secured USD 0.20 mn in Series B financing from RWE Innogy and Origin Energy Limited, which is intended to fuel the development of new AI products designed for improved health and wellness monitoring. The company plans to expand its market presence into Europe and Asia by the end of 2024. These initiatives will leverage recent funding to enhance product offerings and scale operations in targeted regions.

## Funding rounds

- Series B, Aug 31, 2015, $3.5M — New Cycle Capital, MediaTek
- Series A, Oct 22, 2013, $0.9M — New Cycle Capital, EFW Partners
- Series A, Jul 31, 2013, $0.8M — New Cycle Capital, EFW Partners
- Series A, Dec 13, 2012, $0.2M — New Cycle Capital, EFW Partners
- Series A, Oct 16, 2009, $0.8M — Essex Woodlands, New Cycle Capital, Seraph Group

## Investors

- Essex Woodlands (https://capitalatlas.ai/funds/essex-woodlands) — Series A
- New Cycle Capital (https://capitalatlas.ai/funds/new-cycle-capital) — Series A, Series B
- Seraph Group (https://capitalatlas.ai/funds/seraph-group) — Series A
- EFW Partners (https://capitalatlas.ai/funds/efw-partners) — Series A
- MediaTek — Series B