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§ Private Profile · 119 West 24th Street, Suite 315, New York, NY 10011
Voice-activated medical alert and communication systems for older adults and caregivers, supporting aging-in-place with fall detection.
Based in New York City, Aloe Care Health develops voice-activated medical alert systems and communication hubs specifically designed for older adults living independently. The company operates through both direct-to-consumer and business-to-business channels, supplying proprietary hardware paired with recurring monthly subscriptions for continuous professional emergency monitoring and remote caregiver application features. Its commercial client base includes private duty home care agencies, Medicare Advantage plans, Medicaid providers, as well as senior living organizations. Operating with fewer than 25 employees, the enterprise generates under $5 million in annual revenue and has secured approximately $15 million in total venture funding to date. The startup is backed by institutional investors including City Light Capital, Laerdal Million Lives Fund, Springbank, and Drumbeat Ventures. Aloe Care Health was founded in 2018 by Ray Spoljaric, Evan Schwartz, and Lasse Hamre.
Aloe Care Health has raised $5.0M across 1 funding round.
Aloe Care Health has raised $5.0M in total across 1 funding round.
Aloe Care Health has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in April 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2021 | $5M Seed | — | City Light Capital, Deerfield Management, Laerdal Million Lives Fund, MAC Venture Capital, SteelSky Ventures, Justin Mateen, Adam Burgoon, Jeff Trost, Elana Berkowitz | Announced |
Aloe Care Health is a healthcare technology company that builds voice‑activated, sensor‑enabled medical alert and remote monitoring systems for older adults and their caregivers, combining a 4G LTE Smart Hub, mobile companion devices, environmental sensors, and a caregiver app to enable hands‑free emergency response, activity monitoring, and care coordination[4][6]. Aloe Care’s product suite targets family caregivers, seniors who wish to age in place, and institutional partners (including insurers and care providers), addressing gaps in safety, communication, and care collaboration with features like voice call‑for‑assistance, fall detection, air‑quality and temperature monitoring, and a shared care‑circle app[1][3][5].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: Aloe Care Health modernizes the traditional medical‑alert category by combining voice‑first emergency response, environmental sensing, and collaborative caregiver software—positioning itself as a platform play for aging‑in‑place and payer‑facing home health solutions while facing the challenges and opportunities inherent to scaling clinical‑grade in‑home telemetry[1][4][5].
Aloe Care Health has raised $5.0M in total across 1 funding round.
Aloe Care Health's investors include City Light Capital, Deerfield Management, Laerdal Million Lives Fund, MaC Venture Capital, SteelSky Ventures, Justin Mateen, Adam Burgoon, Jeff Trost, Elana Berkowitz.