What is K4Connect?
K4Connect is a mission-driven health technology company established in 2013 and headquartered in North Carolina. The company specializes in integrating advanced technology solutions to empower older adults and individuals living with disabilities. K4Connect partners with communities and organizations to enhance the lives of its users through innovative technological applications. Its focus on serving specific demographics within the healthcare and aging sectors positions it as a key player in the evolving landscape of assistive technology and senior living solutions.
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 Better Ventures, Lowe's Companies, Inc., Sierra Ventures, and Stonehenge Growth Equity Partners
Series A (2016): $8M led by Traverse Venture Partners, Intel Capital, and RGAx, LLC
Series B (2020): $21M supported by Reinsurance Group of America, Sierra Ventures, the Ziegler Link•Age Fund, Forte Ventures, AXA Venture Partners, Intel Capital, Better Ventures, Topmark Partners, Traverse Venture Partners, and Revolution Ventures
Other Financing Round (2022): $12M featuring Forte Ventures, Daniel Decker, Second Century Ventures, Kurt Read, and William Petty
Other Financing Round (2023): $8.9M backed by Forte Ventures and Second Century Ventures
Key Investors in K4Connect
Intel Capital
Founded in 1991, Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, next-generation compute, and a wide range of other technologies. Intel Capital curates thousands of business development introductions each year. It is headquartered in Santa Clara, California.
Sierra Ventures
Sierra Ventures (sierraventures.com) is a Silicon Valleybased venture capital firm that raises dedicated funds to invest in earlystage technology startupsprimarily Seed and Series Ain areas such as enterprise software, infrastructure, data/AI, and frontier tech, partnering with founders from productmarket fit through scaleup and exit.
Forte Ventures
Forté Ventures is an institutional venture capital firm that specializes in collaborating and co-investing with Corporate Venture Capital groups. The firm believes that strategic corporate investors can significantly enhance the growth potential of startups. Forté Ventures aims to be a trusted partner for entrepreneurs, investors, and corporate ventures. Their focus is on leveraging corporate partnerships to maximize the impact of their investments.
What's next for K4Connect?
With the recent infusion of $8.9M in a major strategic investment, K4Connect is poised for accelerated expansion and further development of its technology platforms. The company's consistent access to capital, culminating in a total funding of $51.8M, indicates strong investor confidence in its business model and its capacity to address critical needs in the senior care and disability support markets. Future strategic initiatives are likely to involve scaling operations, enhancing product offerings, and potentially exploring new partnerships to broaden its reach and impact within the health tech industry.
See full K4Connect company page
