Bill Gates Personally Invests $100 Million to Fight Dementia

In a pair of $50 million investments announced Monday, billionaire Bill Gates is joining the fight against dementia, with a focus on Alzheimer’s. The first $50 million — which Gates announced on his blog — will go to Dementia Discovery Fund to help “diversify the clinical pipeline and identify new targets for treatment.” The second […]

Focus Fund To Yield Up To $900 Million In Senior Housing Investments

Senior housing veterans with resumes that include stints at Fortress Investment Group (NYSE: FIG), Brookdale Senior Living (NYSE: BKD) and GE have now closed an impressive private equity fund to make investments in the sector, which could total $900 million. Focus Healthcare Partners LLC, a Chicago-based private real estate investment firm targeting the senior housing […]

Home Care Startup Honor Scores $42 Million Funding

Home care is hot, if a recent $42 million funding grab is any indication of where technology is making waves in the health care space. Home care startup Honor has announced the eye-popping figure in a Series B round. The figure may give senior housing providers some pause, as many already view home care as the biggest […]

$7 Trillion Market Brings Silicon Valley Stars to Senior Living

Have you ever unlocked your smartphone using your fingerprint? One of the minds behind this advanced technology now is bringing his expertise to a new market: senior housing. And Scott Moody—whose former company created the technology behind Apple TouchID*—is not the only tech superstar turning his attention to senior living, and not the only entrepreneur securing […]

AARP Launches $40 Million Fund for Senior-Focused Ventures

AARP has announced it is establishing a $40 million venture capital fund to invest in products and services aimed at the older adult market, primarily to improve access to health care, invest to enable aging at home and expand marketing for preventive care. AARP is a nonprofit membership organization for those 50 and older, with nearly 38 […]

‘Uber for Home Care’ Raises $20 Million from Investors

A startup that could alter the senior care landscape by offering on-demand in-home services has secured $20 million in funding, including $15 million from influential investor Marc Andreessen, the company recently announced. The service, called Honor, is being likened to Uber, the smartphone app that enables people to request and automatically pay for car rides […]

NPR Spotlights Senior Care Tech Innovation

A recent report from NPR dipped into the realm of senior care and the bustling technologies that hope to cash in on an industry valued at $2 billion. At the center of the NPR spotlight is Aging2.0, a San Francisco-based startup company that seeks to accelerate the business of fledgling companies trying to break into […]

Formation Capital Sees Big Opportunity in Senior Tech Startups

Health care reforms are paving the way for a slew of newer, innovative technologies that help improve quality of care at lower costs, and one senior housing investment group is seeing a big opportunity to fund fledgling startups focused specifically on senior care. Generator Ventures is an early-stage fund focused on startups in aging and […]

Bloomberg: Developers Creating Senior Housing Surplus

While real estate developers are working fast to meet the housing needs of a rapidly growing U.S. senior citizen population – which is projected to almost double in the next 35 years – some analysts are warning that developers may be moving too fast, Bloomberg Businessweek reports. A jump in supply is forecast to cut […]