SafelyYou, a provider of AI-enabled fall management technology for seniors and individuals with Alzheimer’s disease, related dementia or cognitive impairment issues, closed a $30 million Series B financing round led by Omega Healthcare Investors, a real estate investment trust that invests in the long-term healthcare industry. As part of its investment, Omega also prepaid $10 million to fund installations of SafelyYou across their 944 facilities.
Also participating in the financing is SCAN Group, the parent organization of SCAN Health Plan, a not-for-profit Medicare Advantage plan. Read more.