AARP Announces Venture Capital Finalists for Senior Care Innovation Contest

Last week, AARP and LivePitch Media announced the 10 start-up finalists for the AARP Health Innovation@50+ Live Pitch, a showcase for new start-up companies in the 50-and-over health technology and innovation sector to pitch their products or services to investors and industry experts as a way to get funding and accelerate growth. 

The event’s format allows the 10 start-ups—chosen from a pool of 80 applicants—to pitch leading venture and angel investors as well as AARP consumers on their ideas. Companies will first present to an audience of judges and investors before having the opportunity to speak before a consumer audience as well. 

“Technology plays an increasingly vital role in health innovation, and the AARP Health Innovation@50+ LivePitch offers the perfect blend for entrepreneurs: the opportunity to engage with seasoned investors combined with the power of AARP, at the heart of our Life@50+ National Event & Expo,” said Jody Holtzman, AARP Senior Vice President of Thought Leadership, in a statement. “This is the chance for startup companies to accelerate their growth and engage directly with the largest and fastest-growing consumer market.”

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At the end of day two of the event, two grand prize winners will be announced: a Judges’ Winner and an AARP Consumer Winner. 

The 10 finalists are:

  • 1DocWay, an online doctor’s office that connects hospitals with underserved patient clinics and nursing facilities through a lightweight technology and implementation service. 
  • AbilTo, a system that administers remote behavioral health programs via phone or web-based videoconference to help individuals better manage depression—enabling better health outcomes—and payors to eliminate avoidable, near-term medical expenses.
  • Carelinx, an online Professional Caregiver Network that provides solutions to help consumers and companies find, screen, manage, and pay caregivers who match their specific needs and budget.
  • CareTree.me, a collaboration platform designed to replace paper records in the home health and senior care industries with an online platform centralizing information and automating communication with care stakeholders. 
  • Evermind, a provider of electronic monitoring appliances that track independent seniors’ daily routines to assure family members of their well-being.
  • GenieMD, LLC, which offers a cloud-based healthcare platform and associated web and mobile applications allowing consumers to manage medication adherence, track vitals, log exercise, and generate health reports in addition to other functions. 
  • GeriJoy, an MIT and Techstars-affiliated company that offers talking pets for socially isolated elders.
  • LivWell Health, which offers technology-enabled services to seniors living independently at home and families seeking caregiving help, including a web-based care coordination system and book-vetted service providers.
  • MedClimate, a secure communications platform that connects patients with their preferred healthcare provider.
  • QMedic, a home health monitoring system with a twist that sends automated behavioral alerts to caregivers to protect seniors in the event they’re unable to press the emergency button.

The event will take place on Sept. 21, 2012 in New Orleans, La. Check out AARP’s Health Innovation@50+ LivePitch blog for more information. 

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Written by Alyssa Gerace

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