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Hidea Solutions

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IoT telecare solutions for senior and disabled care

Seoul, South KoreaFounded 2001IoT InternetOfThings
Valuation $10–25M Last recorded · 2022
Total funding $10–50M Disclosed equity funding
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About Hidea Solutions

Hidea Solutions Co., Ltd. is a South Korean company established in 2001 that specializes in sensor and IoT network technologies. The firm's primary business is providing telecare solutions for the safety and health management of the elderly and disabled population. Its main product, the LivOn Telecare System, is a service platform that utilizes wireless sensors and IoT devices to monitor activity levels and sleep patterns in a user's home. This allows the system to detect decreases in activity or potential emergencies, providing remote monitoring and analysis for caregivers and service providers.

The company's offerings include a suite of hardware such as a base unit (smart hub), activity detectors, and emergency pagers that connect to its Telecare Service Platform (TSP). This platform uses data analytics and AI to predict and manage risks. Hidea Solutions serves a range of clients, including service businesses and public organizations, and has been involved in projects like the 'Emergency Safety System for the Elderly Living Alone'. The company was founded by CEO Lee Seungyop and has been recognized for its technology, receiving a presidential citation during the '2017 Science and Information and Communication Day Ceremony'.

Source: Dealroom company data

At a glance

Founded
2001
Headquarters
Seoul, South Korea
Sector
IoT InternetOfThings

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • Neowiz
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Key operators Hidden — book a demo quality score
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Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇰🇷 South Korea · Seoul HQ
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Market sentiment

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