5 years ago
Cera Care Secures $70 Million to Expand AI-Powered Home Care Platform
Cera Care, a UK-based home care startup, raised $70 million in funding led by KairosHQ, with participation from Yabeo, Guinness Asset Management, and a New York-based family office
This brings Cera Care's total funding to $90 million
The company plans to use the funds to expand its SmartCare technology and analytics platform nationally and acquire home healthcare businesses
Cera Care's platform uses AI to predict health deteriorations and guide caregivers, aiming to improve patient health outcomes.
ProblemHealthcare
"The UK healthcare system is struggling to provide adequate care for the elderly. This is particularly acute in the home care sector, where there is a chronic shortage of staff and a lack of consistent quality of care."
Solution
"Cera is a technology-enabled home care provider that uses digital services and artificial intelligence to improve elderly care. Cera's technology platform allows the company to predict health deteriorations before they occur, guide carers and families on how to deliver safer care, and improve user health outcomes. Cera also provides a more efficient and cost-effective way to deliver home care services."