A fundamental priority for UnitedHealthcare has always been to be a leader in modernizing the health system and advancing new solutions for some of the most pressing challenges in health care. To continue playing a leading role in driving the future of health, UnitedHealthcare has brought together 10 world-class health tech startups to participate in a collaborative mentorship-driven program, including Mighty Health - the leading all-in-one chronic disease and weight management program for adults 50+.

Peel Away Labs, the New York-based startup renowned for its innovative and patented bedding products, today announced that its products would be sold and distributed by Medline Industries, the nation’s largest privately held manufacturer and distributor of medical supplies. This collaboration marks a significant step forward…

Attn: Grace, a female-founded company bent on disrupting the incontinence products category for women, has secured $2 million in new funding to fuel further growth on the heels of launching in nearly 1,600 Walmart stores nationwide as well as on Walmart.com and Target.com.

Led by For Later, the oversubscribed round also saw participation from Flybridge as well as existing investors including Kapor Capital, Portfolia, Ingeborg Investments, and Commonwealth.

Mighty Health, the first all-in-one daily health program designed for adults ages 50 and up, today announced $7.6M in new financing co-led by Will Ventures and GFT Ventures.

Mighty Health has built the modern home for healthy living for 50 on up, offering aging adults access to personalized and holistic health guidance through joint-friendly workouts, chronic condition-specific programs, custom nutrition plans, and 1-on-1 health coaching.

Demand for personalized decision support tools that can assist families who are navigating age-related changes has increased in the past decade, and Durham-headquartered Roobrik is expanding its technology offerings to serve this market.

Voxela, a Silicon Valley-based technology company developing next-generation care solution services, announced that it raised a seed funding round.

Voxela VCare is being implemented in Nursing Home/Assisted Living facilities in Japan and has successfully raised a seed round from both U.S and Japanese venture capital firms specializing in aging technologies.

Naborforce, a high-growth elder tech company that connects older adults to a network of trusted "Nabors" for on-demand support and social engagement, today announced the closing of a $9 million Series A financing round led by Translink Capital.

Translink Capital, a global venture capital firm headquartered in Silicon Valley, is joined by existing investors Claritas Capital, The Artemis Fund, and TechStars. Naborforce will use the financing to further invest in its technology-driven solution and to attract a world-class team to lead its expansion across the county.

Founded in 2016, Welbi works in collaboration with senior health care researchers and professionals to try and change the way retirees are cared for in order to provide them with a higher quality of life.

The $3 million brings Welbi’s current funding to $6 million in total. That funding to date includes a previously unannounced $1.3 million pre-seed round in 2020, with the remainder in grants and undiluted funding from the National Research Council of Canada Industrial Research Assistance Program, and Age-Well.

Trusty.care, the tech startup modernizing sales and marketing enablement solutions for Medicare insurance distribution, today announced it closed a $6m note round to fund growth within the health insurance carrier market.

Trusty.care is the first company to provide an AI-driven 360 sales enablement solution for the individual health insurance market. Their products are used by insurance sales professionals to streamline quoting, enrollment, commissions, contracting, and licensing workflows. For insurance carriers, Trusty.care improves retention, reduces spend on manual processes, and improves NPS scores.

Nationwide Insurance is looking into the future of assistive elderly care by investing in an early-stage robotics company.

The insurer is joining forces with Southern California-based Labrador Systems to launch a multi-state pilot program that will explore the utility of the latter’s aptly named Labrador Retriever – a personal assistive robot designed to carry heavy loads while keeping smaller items within reach.

The dilemma is that when older adults are no longer capable of looking after themselves, a care home is often the safest and most affordable option. Yet remaining at home is the happiest option.

Through Third Act Ventures, Max Zamkow is attacking this universal problem from multiple angles. His portfolio includes, on the one hand, technology that makes it easier and more affordable for older citizens to look after themselves at home, and secondly, innovations that are making care homes happier places to live in.

By design, Medicare enrollees can switch Medicare Advantage plans each year, with the ability to change plans again during the initial 90 days. The result is that 10% of Medicare Advantage enrollees churn annually, a $35 billion problem that is growing.

Trusty.care and MemoryWell Inc. are excited to announce a new partnership to offer high-touch, human-to-human engagement to help Medicare Advantage Plans gather Health Risk Assessment (HRA) and Social Determinants of Health (SDoH) data while also addressing high rates of churn.

Today, Ome, Inc. announced a strategic investment from Legendary Ventures, a venture capital firm that accelerates value creation for consumer retail technology companies.

Ome is a technology company focused on sustaining the home through cybernetics. Ome develops smart, sustainable technology products that automate existing home appliances…

A recent study published by Front Porch Center of Innovation and Wellness showed the efficacy of Eversound's ability to increase engagement, participation, and in some cases, mood by upwards of 60 percent.

Today, on World Hearing Day, MBK Senior Living and Eversound announced their partnership to enhance resident hearing and engagement through Eversound listening systems and content-driven platform, Eversound member's portal.

Labrador Systems – an early-stage technology company developing a new generation of assistive robots – recently announced it raised $3.1 million in a seed round of funding. Amazon’s Alexa Fund and iRobot Ventures co-led the round with SOSV returning and new investors, including Grep VC. The company also introduced The Labrador Retriever, a new type of personal robot that empowers individuals to live more independently by providing practical, physical assistance with everyday activities in the home…

Back at CES 2020, Labrador Systems co-founder/CEO Mike Dooley told me, “I think there are fewer fake robots [at the show] this year.” Over the past several years, we’ve seen the show begin to treat robotics less as novelty and more as serious home devices. At the time, the company had rented a suite where it was showing off an early version of the system it would come to call, fittingly, Retriever.

Early last year, following the first all-virtual CES, the company began rolling out prototypes…

HealthTech Austin presents: the Aging & Innovation Summit 2021.

Why Agetech Lures Investors - panel hosted by Randy Peak @ Haynes Boone with Max Zamkow @ Third Act Ventures & Mike Marcantonio @ LiveOak Venture Partners

Last week, Naborforce, a Richmond, Virginia-based startup aimed at helping seniors age in place, expanded operations into Charlotte.

The startup was founded in 2018 by Paige Wilson to connect aging adults to a network of "Nabors" for social engagement and on-demand support with errands, transportation and help around the house. She said the expansion into the Charlotte region is the startup's biggest push yet…

As the population ages, there is a growing need for products and services to serve this demographic.

Agetech helps businesses tap into this huge market by offering products and services designed specifically for the needs of baby boomers including housing, entertainment, health & wellness, travel & leisure, home & garden, consumer electronics as well as financial planning tools like retirement calculators and other resources for retirees who are looking forward to their golden years!