Care Daily

About Care Daily

Care Daily, formerly known as People Power Company, is a software-as-a-service (SaaS) firm that provides a white-label, business-to-business platform centered around artificial intelligence and the Internet of Things (IoT) for in-home senior care. The company was founded in January 2009 by Gene Wang and David Moss in Palo Alto, California. Wang, a four-time CEO with a history of successful exits including an IPO and sales to Fortune 500 companies, earned his computer science degree from UC Berkeley. The initial idea stemmed from a personal experience when Wang's mother's house was broken into, highlighting the need for better home security solutions. Moss, who now serves as CEO, taught himself programming at age 12 and previously worked on low-power wireless sensor networks. The founding team largely consisted of the core technical group from their previous company, Bitfone, which was sold to HP.

Initially launched as a greentech company focused on energy efficiency, the firm's direction evolved. A significant milestone was the 2013 release of the "Presence" app, which repurposes old smartphones and tablets into home monitoring cameras. This early product uncovered an accidental market in age-tech, as users began employing it to monitor elderly relatives, prompting a full pivot to the senior care market and a rebranding to Care Daily in 2022. The company's business model is to license its AI-powered platform to large service providers, who then offer the solutions under their own brand. This B2B strategy targets healthcare organizations, senior housing providers, and connected device manufacturers, allowing them to generate recurring revenue. Notable partnerships include a distribution agreement with Quil, a joint venture between Comcast and Independence Health Group.

Care Daily’s core offering is a customizable AI and IoT platform designed to support seniors aging in place. It uses a combination of ambient sensors, wearables, and voice assistants to monitor behavior, predict and detect falls, track sleep patterns, and send medication reminders. The system's AI, which can be custom-branded by partners, analyzes time-series data to learn lifestyle patterns and identify health risks. A key feature is the platform's ability to integrate data from various sources, including electronic health records, to create a comprehensive view of a person's well-being. This data is then used to generate daily reports and alerts for families and professional caregivers, aiming to reduce anxiety and improve care coordination. The company has received backing from the National Institute on Aging for its technology, which has been scientifically validated to reduce anxiety and improve sleep for caregivers of individuals with dementia.