SmartAge
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About SmartAge
SmartAge Intelligence Limited, established in Hong Kong in 2023, operates at the intersection of technology and healthcare, focusing on the geriatric care market. The company was founded by Jason Or, a former tech professional who left a corporate career to address the needs of the elderly community. This career shift was driven by a desire to be more connected to customer needs, a sentiment that shapes the company's mission.
The firm's core business revolves around providing accessible and cost-effective telenursing and preventative care solutions for elderly individuals who live independently. Revenue is generated through a subscription model for its services. The target clients are the elderly, their families, and their caregivers, with the platform designed to seamlessly connect these three groups. SmartAge has garnered support from organizations like the Cyberport Incubation Program and The SIE Fund. The company has also been recognized with several accolades, including a Silver Award at The Hong Kong ICT Awards 2024 for Smart Ageing.
SmartAge's flagship offering is a dual-component ecosystem: the SmartAge Home System and SmartAge Care Services. The Home System is a network of sensors that monitors an elderly person’s daily activities and vital signs. It employs millimeter-wave technology to ensure privacy by operating without cameras. This system analyzes patterns in daily activities to detect potential health risks, such as frequent nighttime trips to the bathroom, and can send alerts to family or caregivers in case of abnormal patterns or emergencies. The data collected is then utilized by the SmartAge Care Service, a platform where telenurses use AI-powered tools to assess individual needs, provide triage, and connect users with community resources. This approach enables proactive intervention and helps streamline case management for healthcare providers.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 1998
- Headquarters
- Hyderabad, India
- Open positions
- None listed
- Dealroom signal
- 15.0/100
- Industry
- Marketing
- Sector
- Marketing, Community
- Client focus
- b2b
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES D✓Equity / VC | Oct 2000 | $24M | $96M | Accel · ZDNet · El Dorado Ventures · Opportunity Capital Partners | — |
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later8 investors entered at this stage
Accel
SoftBank
ZDNet- EVEl Dorado Ventures
Opportunity Capital Partners
Ignite Group
Vector Capital
Softbank Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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