Sensi.AI just raised $31 million in Series B funding, pushing its total funding past $53 million. The Palo Alto-based startup uses AI to monitor seniors at home, filling a critical gap in elderly care.
Sensi.AI was founded in 2019 by Romi Gubes, Nevo Elmalem and Alon Brener.
Romi Gubes, Nevo Elmalem, and Alon Brener co-founded Sensi.AI in 2019. Gubes, who serves as CEO, was inspired to start the company after discovering abuse happening at her daughter's daycare. This personal experience drove the team to develop an audio AI system to protect vulnerable people, eventually focusing on elderly care.
"We're dedicated to helping seniors age with dignity in their own homes," said Gubes, Sensi.AI's CEO.
The company's system works by placing audio pods around a senior's home. These devices continuously analyze sounds, detecting over 100 different health and safety indicators. It can spot falls, early signs of infections, and changes in daily routines.
This technology addresses a growing problem. While 90% of older adults want to age at home, 89% of care providers have had to turn away requests due to staff shortages. Sensi.AI's virtual monitoring helps agencies serve more clients with limited resources.
The market has taken notice. Sensi boasts an impressive client roster, serving over 80% of the largest home care networks across 41 U.S. states. This traction, coupled with a remarkable 3X year-over-year growth for the past three years, caught the eye of major investors.
The $31 million Series B round was co-led by Zeev Ventures and Insight Partners, with continued backing from existing investors. This brings Sensi.AI's total funding to an impressive $53 million.
Sensi.AI plans to use recent advances in AI to quickly add new languages, eyeing expansion beyond its current U.S. and Israeli markets.