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High Tech Series B Founded 2009

People Power

People Power, now operating as Care Daily, provides AI-powered ambient assistive technology for healthcare and senior care, transforming care delivery through its AmbientOS platform that unites the world's largest alliance of HealthTech solutions with a pre-trained multi-agent system. The platform prioritizes, predicts, and protects against health and safety issues in homes and communities, using AI to help care…

📍 Palo Alto, United States · Internet of Things Infrastructure

Funding snapshot

Last roundSeries B
Amount$3M
Date30 September 2021
Total raised$19M
Team size60

About

People Power, now operating as Care Daily, provides AI-powered ambient assistive technology for healthcare and senior care, transforming care delivery through its AmbientOS platform that unites the world's largest alliance of HealthTech solutions with a pre-trained multi-agent system. The platform prioritizes, predicts, and protects against health and safety issues in homes and communities, using AI to help care staff focus on who needs attention and why. Care Daily's key capabilities include an AI Fall Prediction Engine that transforms existing EHR data into accurate fall predictions for each patient or resident, continuous ambient sensing that provides supervision even when staff are unavailable, automated documentation, automatic family updates, and a unified risk indicator with EHR and nurse call integrations. The platform combines a Large Language Model (LLM) for communication, a Retrieval Augmented Generation (RAG) system for secure document processing, and a proprietary Large Action Model (LAM) that connects with integrated sensors, appliances, biometrics, and wearables. The Care Daily Alliance unites fragmented AgeTech and HealthTech into the largest interoperable ecosystem, allowing partners to bring their own devices and data sources. The platform is HIPAA-compliant and offers source code licensing for partners seeking maximum control and brand differentiation. Backed by $8M in funding from the National Institute on Aging, Care Daily's AI is scientifically proven to reduce anxiety and improve sleep quality in family caregivers of people with dementia.

Business model

Internet of Things Infrastructure > IoT Platforms > Connectivity Management,

Plug and Play Tech Center Batches > Internet of Things > Batch 7

Institutional investors

MediaTek New Cycle Capital Seraph Group Origin Energy innogy HHS Green Start Future Energy Ventures Elemental Zygote Ventures GSV Labs innogy Innovation Hub

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