What is K4Connect?
Founded in 2013 and headquartered in North Carolina, K4Connect is dedicated to integrating advanced technology to serve and empower older adults and individuals living with disabilities. The company partners with the people, communities, and organizations that support these populations, aiming to enhance quality of life through innovative solutions. K4Connect's platform typically involves a combination of smart home technology, communication tools, and health monitoring systems designed to foster independence and connection.
How much funding has K4Connect raised?
K4Connect has raised a total of $51.8M across 5 funding rounds:
Angel/Seed
$1.9M
Series A
$8M
Series B
$21M
Other Financing Round
$12M
Other Financing Round
$8.9M
Angel/Seed (2015): $1.9M with participation from Stonehenge Growth Equity Partners, Lowe's Companies, Inc., Sierra Ventures, and Better Ventures
Series A (2016): $8M led by Intel Capital, RGAx, LLC, and Traverse Venture Partners
Series B (2020): $21M supported by Reinsurance Group of America, Sierra Ventures, Intel Capital, Better Ventures, Revolution Ventures, Forte Ventures, AXA Venture Partners, Topmark Partners, the Ziegler Link•Age Fund, and Traverse Venture Partners
Other Financing Round (2022): $12M featuring Kurt Read, Daniel Decker, Forte Ventures, William Petty, and Second Century Ventures
Other Financing Round (2023): $8.9M backed by Forte Ventures and Second Century Ventures
Key Investors in K4Connect
Forte Ventures
Forte Ventures is an investor that has participated in K4Connect's funding rounds. Their involvement suggests a strategic interest in the company's growth and market potential.
Second Century Ventures
Second Century Ventures is a venture capital firm that has backed K4Connect. Their investment indicates a belief in the company's innovative approach to the health tech market.
Intel Capital
Intel Capital, the venture capital arm of Intel, has invested in K4Connect. This partnership likely brings strategic technological insights and resources to K4Connect's development efforts.
What's next for K4Connect?
The recent major strategic investment signals a new phase of expansion and development for K4Connect. With substantial backing, the company is poised to further innovate its technology offerings, potentially exploring new market segments or enhancing existing services. This capital will likely fuel research and development, strengthen strategic partnerships, and scale its operational capacity to meet the growing demand for technology solutions in the aging and disability sectors. The company's focus on mission-driven impact, combined with robust financial backing, positions it for continued leadership in the health tech space.
See full K4Connect company page
