WELMO

About WELMO

Welmo is a Japanese care-tech company dedicated to solving challenges in the country's aging society through technology. Founded in April 2013 by Yusuke Kano, the company develops and provides a suite of digital solutions aimed at improving efficiency and quality in the nursing and welfare sectors. Kano, who previously worked as an IT consultant in human resources, was inspired to start Welmo after volunteering at over 400 care facilities across Japan. This experience gave him firsthand insight into the industry's high turnover rates and reliance on outdated communication methods like phone and fax, motivating him to create technology-driven solutions.

The company's core offerings operate under the "milmo" brand, which serves both B2B and B2C markets. Key products include "milmo net," a platform that aggregates and provides information on local nursing care resources, and "milmo plan," an AI-powered tool that assists care managers in creating optimal care plans. This AI assistant helps standardize plan quality and reduces the administrative burden on care managers, allowing them to focus more on patient interaction. Welmo's product suite also features solutions for automating administrative tasks, an AI transcription and summary service for record-keeping ("milmo recorder"), and an e-learning platform for digital skills in healthcare ("milmo learning"). The business model primarily generates revenue through subscription-based access to these digital tools for care providers and facilities.

Welmo has secured significant funding from a range of investors, including DG Ventures, Aflac Ventures, and Tokio Marine & Nichido Fire Insurance, with total funding reaching over $36 million. The company actively collaborates with academic institutions and has established an R&D base in Finland to enhance its AI technology and explore expansion into European markets. In addition to its eldercare focus, Welmo operates "UNICO," a support service for children with disabilities.