What is Lively?
Founded in 2012 and headquartered in San Diego, California, Lively Inc. operates as a comprehensive home health platform. The company specializes in providing seniors with essential communication and safety tools, including dedicated cell phones, medical alert systems, and mobile medical alert devices. Lively aims to enhance the independence and security of older adults through accessible technology solutions, bridging the gap between modern connectivity and the specific needs of the senior demographic.
How much funding has Lively raised?
Lively has raised a total of $75.3M across 3 funding rounds:
Series A
$36.6M
Series B
$38M
Private Equity
$704K
Series A (2007): $36.6M with participation from CRV, Nauta Capital, and Steelpoint Capital Partners
Series B (2008): $38M led by Steelpoint Capital Partners, Court Square Ventures, Nauta Capital, CRV, and Sumitomo Bank Venture Fund
Private Equity (2012): $704K, investors not publicly disclosed
Key Investors in Lively
Steelpoint Capital Partners
Steelpoint Capital Partners is a venture capital firm that likely focuses on investing in technology and growth-stage companies, potentially with an interest in healthcare or enterprise solutions.
Court Square Ventures
Court Square Ventures is an investment firm that typically engages in private equity and venture capital, often supporting companies with significant growth potential.
CRV
CRV (Charles River Ventures) is a prominent venture capital firm known for investing in early-stage technology companies across various sectors, including software, internet, and healthcare.
What's next for Lively?
The substantial enterprise-level capital infusion, culminating in the recent strategic investment, positions Lively for accelerated growth and market leadership. This backing is likely to support the enhancement of its existing product suite, potentially including advancements in wearable technology and integrated health monitoring services. Furthermore, the financing may facilitate expansion into new geographic markets and strategic partnerships to broaden its reach within the elder care ecosystem. Lively's focus on a rapidly growing demographic suggests a trajectory aimed at solidifying its role as a key player in the digital health and senior living technology space.
See full Lively company page