AceAge

company

About

AceAge's product Karie is a home health appliance to make medication management as simple as possible.

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$2M
Industries
Health Care,Home Health Care,Medical Device
Founded date
Feb 18, 2015
Number Of Employee
11 - 50
Operating Status
Active

AceAge is a healthcare technology company, creating intuitive products to ease the aging process and improve health outcomes.

AceAge is the company behind the next innovation in healthcare technology. Its upcoming product is a home health appliance designed to help people take their medication properly. Karie is a personal health companion that organizes, schedules, and dispenses pills with easy one-button control.

The CEO of AceAge, Spencer Waugh, created Karie to increase the health and safety of medical patients, and as a way to minimize the negative consequences of missed medications or general failure to adhere to medication directions. The success of medicine is dependent on the patient’s compliance with the medical directions that accompany it, making it an integral part of healthcare. The total direct and indirect costs of nonadherence in the US annually is $290 billion. By making daily medicine routines completely automated, Karie removes the chance of human error.

Karie uses common multi-dose pouch packaging that can be pre-set by pharmacists. Doses are scheduled, delivered and monitored for the user. Karie is easy to use, enables greater patient autonomy and ensures better healthcare through a highly coordinated program.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$2M $616K
AceAge has raised a total of $2M $616K in funding over 2 rounds. Their latest funding was raised on Apr 14, 2022 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 14, 2022 Grant $616K 1 Ontario Together Fund Detail
Aug 9, 2017 Seed $2M 1 Detail
Dec 14, 2016 Series Unknown 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
3
AceAge is funded by 3 investors. Ontario Together Fund and Centric Health are the most recent investors.
Investor Name Lead Investor Funding Round
Ontario Together Fund Yes Grant
Centric Health Seed
Hacking Health Accelerator Series Unknown