Lilli, a London, UK-based SaaS company using machine learning to innovate home care, raised £4.5m in a pre-Series A funding.
The round was organized by West Hill Capital.
Led by CEO Gren Paull, CSO Kelly Hudson, and CCO Nick Weston, Lilli provides a machine learning powered SaaS platform to alleviate the pressures of caring for an ageing UK population with long-term health conditions, and advocates accessibility to the technology for all those that need it.
The solution uses machine learning to analyse a range of data sources, such as temperature, motion, and power usage. This provides real-time data and insights to those responsible for caregiving to provide reassurance about wellbeing and highlight any causes for concern. As a result, health and social care providers can intervene earlier, whilst monitoring at a distance, reducing the need for hospital admissions and lowering costs.
FinSMES
18/03/2021