Secures $8.9M in Funding from New and Existing Investors; Round Co-Led by AXA Venture Partners and Bryce Catalyst
Summary
Mikes experience in client success and in creating value in data-rich environments is a natural fit in the evolution of our company as we look to use data to drive operational insights and efficiencies for our customers, while improving the lives of the older adults who we ultimately serve, said K4Connect Chief Mission Officer and CEO, F. Scott Moody.Since our founding, K4Connect has sought to put the power of the best in enterprise technologies into the hands of senior living operators. FusionOS enables senior living operators to seamlessly 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 companys enterprise platform provides the foundation for senior living operators to undergo a digital modernization to improve the efficiency and cost effectiveness of caregiver services now and into the future. If anything, the pandemic accelerated the need for senior living technology, and K4Connect is the only company weve seen that can bring all the current disparate applications together into a single enterprise system where data is no longer siloed and can be tapped for its full value in operations and care. The companys patented FusionOS technology and award-winning K4Community engagement suite serve tens of thousands of residents and staff in senior living communities across the United States.