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Aloe Care Health: Raises $5M in Funding | Fintech InShorts: Latest fintech news, analysis by experts

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Aloe Care Health: Raises $5M in Funding

By Steve Sam

April 21, 2021

Aloe Care Health, a NYC-based provider of an advanced voice-activated medical alert system and caregiver support platform, raised $5m in funding
Backers included City Light, Laerdal’s new Million Lives Fund, the Springbank Collective, and Drumbeat Ventures
The company also intends to use the funds to expand operations and its business reach and development efforts
Led by Ray Spoljaric, co-founder and CEO, Aloe Care provides a voice-activated, in-home digital care assistant for remote caregiving
The company’s advanced solutions also include an in-home Smart Hub for secure, two-way, hands-free voice communication, and additional Smart Sensors to detect falls, motion, air quality, and temperature
Aloe Care bolstered by 24/7/365 access to a professional emergency response team

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