Sensi.ai picks up $14m Series A

Sensi.ai, an AI-powered virtual care management platform, has raised $14 million in Series A financing.

Sensi.ai, an AI-powered virtual care management platform, has raised $14 million in Series A financing. Entrée Capital led the round with participation from other backers that included Flint Capital, Homeward Ventures, Almeda Ventures, Operator Partners and Jibe Ventures.

PRESS RELEASE

(TEL AVIV, Israel, January 27, 2022) — Sensi.ai, an AI-powered virtual care management platform, today announced that it has successfully closed its $14 million Series A financing round led by Entrée Capital. Existing investors Flint Capital, Homeward Ventures, as well as new investors Almeda Ventures, Operator Partners, Jibe Ventures, and Yossi Matias (Google’s Health AI), also participated in the round.

The additional funding will be used for expansion across the U.S. in-home care agencies, and enhancement of the platform’s unique technological advantages.

Founded in 2020, Sensi is the world’s first AI-powered in-home virtual care agent, empowering long-term care providers to help seniors age in the comfort of their own homes. With Sensi, agencies are now able to offer a hybrid, holistic in-home care solution, combining on-premise (continuously vetted) physical care, alongside 24/7 virtual support services. This enables home-care agencies to overcome the massive global shortage in caregivers, by ‘extending’ their current care capabilities beyond in- person care hours.

Sensi also offers agencies unprecedented transparency into the actual needs of each client and the ability to provide more accurate care, while also encouraging and nurturing safer independence for the senior in the absence of an on- premise caregiver.

“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 industry leading 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, helping improve the safety and satisfaction of countless older adults across the country.

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 which also truly “makes the world a better place” is a great privilege.”

“Sensi is well-positioned to capitalize on the growth of the age-tech industry, and we are proud to continue to support the company as it strengthens its position in the elderly healthcare industry,” said Sergey Gribov, Partner at Flint Capital. “This round of financing will enable Sensi to enhance its technology, expand the team, and scale its outreach strategy to make an even greater impact on the lives of the elderly and their families.”

About Sensi.AI
Sensi.ai is the first and only fully automatic AI-based virtual care management platform for homecare agencies. The platform provides audio analytics-based insight that helps agencies eliminate blind-spots and enables visibility and transparency into each hour of care without having to rely on either the caregiver or the client's input. Sensi enables agencies to obtain an objective overview and take simple actions that drive staff and client retention, mitigate liability claims, increase satisfaction, and help with new client acquisition. Off shift hours, Sensi serves as a much-needed virtual support platform, providing the elderly with confidence and independence in a safe, monitored environment without compromising their privacy. With Sensi, seniors are now, more than ever before, able to age on their own terms, in the comfort of their own homes, with the dignity and respect that they deserve. For more information, visit https://sensi.ai/.