K4Connect, a Raleigh, NC-based provider of enterprise technologies for senior living communities, raised $8.9M in funding.
The round, which brought the total amount to $39M, was co-led by Bryce Catalyst and AXA Venture Partners, with participation from other existing investors, including Intel Capital, Forté Ventures, Topmark Partners, and the Ziegler-Linkage Fund. Along with the new funding, K4Connect also announced today that Mike Weller will be joining the company as the COO.
The company intends to use the funds to drive further adoption in the senior living market, while continuing to advance its patented FusionOS integration technology and its Engagement Suite.
Led by CEO F. Scott Moody, K4Connect is a healthtech company which specializes in technology and solutions to providers serving older adults and those living with disabilities. Its FusionOS enables senior living operators to integrate new and emerging technologies and leverage critical health and behavioral data across connected systems and applications to optimize caregiver workflows, lower costs, and improve resident care. The patented FusionOS technology and K4Community engagement suite serve tens of thousands of residents and staff in senior living communities across the United States.
FinSMEs
25/07/2023