Goals

Early Findings

• There are no companies offering unique elderly services that meet all four requirements. Most of the elderly startup companies provide services that are already being provided by several other companies.
• However, the few companies that provide unique services for the elderly have not received investments from renowned venture capital within the last two years. Some of these companies can be found below:

1. Pixie Scientific

• Founded in 2012, Pixie Scientific offers "Pixie Smart Pads" for the elderly that can detect early symptoms of a Urinary Tract Infection (UTI) to allow early intervention.
• The company's smart pads are disposable and for one-time use only. The pads contain a biosensor that detects signs of a UTI.
•  Y Combinator Startup School was the incubator/accelerator of Pixie Scientific.
• Other investments made in the company can be found here.
• The company has not received any funding or investments from venture capitals.
• However, the company is highly likely to grow in the future with an increasing number of customers.

2. Zansors

• Founded in 2012 by Baabi Das, Zansors build apps, tools, and sensors to help people control their health by capturing and analyzing body signals.
• Zansors has received 6 funding awards by the National Institutes of Health (NIH).
• It has partnerships with the "University of Michigan and George Washington University."
• The company has not received any funding or investments from venture capitals.

3. Seismic

• Founded in 2016 by Rich Mahoney, Seismic develops comfortable, lightweight, and breathable custom garments that enable users to overcome their bodily limitations by achieving full physical potential.
• Their garments have "built-in flexible electric motors" that give strength, stability, and power to seniors, athletes, and people with disabilities.
• The company has received 2 series A funding rounds in the past two years.
• On December 8, 2017, Global Brain Corporation raised $10.4 million for Seismic.

Proposed Next Steps

• Option 1: Expanding the research scope to exclude the venture capitalist funding condition and identify 2-3 more companies offering unique elderly services in the US with evidence of their potential future growth, an increasing number of users, and any funding information. (3 hours, $87)
• Option 2: Expanding the research scope to include 2-3 more companies that offer unique elderly services that are also offered by not more than 1-2 other companies, with evidence of their potential future growth, an increasing number of users, and any funding information. (3 hours, $87)