PPatronus Group develops technology-driven solutions to help seniors live safely and independently. Its products and services, sold to elderly individuals, their families, and healthcare providers, combine devices and software with subscription-based support and updates to monitor health, safety, and daily living. The company differentiates itself by focusing on user-friendly, practical digital healthcare that addresses gaps in senior care, providing ongoing care through subscriptions in addition to product sales. The goal is to improve quality of life for older adults by enabling safer, more autonomous living and offering continuous support to caregivers and clinicians.
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Industries
Company Size
51-200
Company Stage
Early VC
Total Funding
$48.8M
Headquarters
Berlin, Germany
Founded
2021
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Total Funding
$48.8M
Above
Industry Average
Funded Over
3 Rounds
Berlin-based eldertech startup Patronus raises €11M led by 3TS Capital Partners to scale its senior smartwatch platform and develop AI voice companions.
Germany’s thriving startup ecosystem has undergone significant expansion in the past two decades, supported by favourable regulations, access to capital, and a culture encouraging entrepreneurship. The nation proudly hosts over 30 unicorns and a staggering 20,000 startups, collectively employing more than 620,000 individuals across a spectrum of industries. The German government and various organisations have played a crucial role in providing funding opportunities and support to startups. This growth is marked by a trend towards decentralisation, with innovation hubs emerging in various cities throughout Germany. Berlin, recognised as the epicentre of the country’s startup landscape accommodates around 16% of Germany’s startups. The city’s dynamic atmosphere and entrepreneurial fervour have been instrumental in attracting both successful startups and investors over the past decade
Population ageing is a well-established trend that the world has witnessed over several decades. Eurostat reports that more than half of Europe’s population now exceeds the age of 44.4 years. This shift is the outcome of increased life expectancy and declining birth rates, leading to significant transformations in societal structures and dynamics.In response to this demographic change, the realm of elder tech has emerged as a new arena for technological advancement. With a growing number of seniors aiming to maintain their independence and social engagement, the demand for elder-tech solutions has been rising. From wearable health monitors and smart home systems that facilitate daily tasks to digital platforms combating senior isolation, technology is stepping in to address the unique challenges posed by an ageing population.On that note, we have meticulously curated a selection of 10 promising startups that have been founded from 2018 up until today, all with a strong emphasis on elder tech. These startups are dedicated to providing the elderly population with tools and resources to empower them and contribute to improving their quality of life.Patronus Based in Berlin, Patronus Group is an elderly well-being solution
Elderly care startup Patronus has just scooped up the biggest Series A raise for the sector, bagging €27 million. The Berlin-based team is aiming to support seniors go about their daily lives independently, relieving the burden on carers and relatives. Europe’s population is getting older. Along with that, comes a whole spectrum of health challenges to overcome and address. With age comes wisdom, but it also comes with more aches and pains, more health problems and more care needs
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Industries
Company Size
51-200
Company Stage
Early VC
Total Funding
$48.8M
Headquarters
Berlin, Germany
Founded
2021
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs