K4Connect, a Raleigh, N.C.-based provider of technology solutions for older adults and individuals living with disabilities, raised $8m in Series A funding.
The round was led by Intel Capital with participation from RGAx, LLC, a subsidiary of Reinsurance Group of America, Incorporated (NYSE: RGA), and Traverse Venture Partners, Sierra Ventures, Stonehenge Growth Equity, Lowe’s Corporation and Better Ventures.
The company intends to use the funds to accelerate the growth of K4Community, its first product.
Led by Scott Moody, Co-founder and CEO, K4Connect provides K4Community, which integrates smart technologies into a responsive platform, to foster family and community engagement for senior living residents. It allows community residents to control their apartments, stay connected with their families and friends through photo sharing or video chats, and stay engaged in community activities through event calendars and newsletters.
K4Community also allows operators of communities to improve care and hospitality with value-added amenities.