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Silvertree
About Silvertree
Silvertree.io is a startup that operates in the personal safety and healthcare technology market, specifically catering to the needs of older adults. The company's primary product is the Silvertree Reach, a wrist-worn safety device designed with a focus on style, safety, and personal connection. This device is equipped with features that support an active lifestyle and provide assistance in case of emergencies.
The Silvertree Reach has an automatic fall detection feature that uses multiple sensors and advanced algorithms to detect hard falls. However, it should be noted that it does not detect all falls or prevent injuries from falling. In case of emergencies, users can push a button on the device to send an SOS to their loved ones. If the user's loved ones are unable to respond, Silvertree's 24/7 emergency call center can dispatch the necessary help.
The device is powered by Verizon's Nationwide 4G LTE & GPS network, ensuring that users are always connected. It also boasts a battery life of up to 10 days, reducing the need for frequent charging. The Silvertree Reach is also water-resistant, making it suitable for everyday activities, including showers.
Silvertree.io's business model revolves around selling these devices to older adults or their caregivers. The company generates revenue from the sale of the devices and possibly from a subscription fee for the 24/7 emergency call center service.
Source: Dealroom company dataAt a glance
- Founded
- 2020
- Headquarters
- Cambridge, United States
- Sector
- Hosting
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
RRE Ventures
Red Sea Ventures
Incisive Ventures
Bling Capital
Gaingels
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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