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Greenwich, CT

Developing a smart home system for older adults to enhance safety and independence while aging in place.

• Mission: Enhancing safety, wellness, and independence for older adults through an AI-powered smart home system.  
• Innovation: Leveraging privacy-preserving sensors and AI technology for fall detection, movement monitoring, and routine anomaly alerts without relying on wearables.  
• Market Opportunity: Addressing the growing need for aging-in-place solutions as the population of adults aged 65 and older continues to rise.  
• Funding Uses: Advancing technology development, forming partnerships with home care providers and developers, and expanding market presence.  
• Customer Appeal: Offering a seamless, privacy-focused solution that connects caregivers and family members via a user-friendly mobile app for real-time updates.  

Wisdom is creating a revolutionary smart home system aimed at helping older adults age in place with enhanced safety and wellness. By leveraging AI and privacy-preserving sensors, Wisdom’s system monitors key aspects of daily life such as movement, falls, and routine anomalies, connecting family members and caregivers via a mobile app for real-time alerts and communication. Unlike traditional wearable medical alerts, which suffer from low compliance and discomfort, Wisdom’s solution integrates seamlessly into the home environment, ensuring privacy and ease of use. The company aims to address the growing need for aging-in-place solutions as the population of older adults continues to surge.

The funds raised will be used to further develop Wisdom’s technology and expand market reach, including partnerships with home modification companies, 55+ real estate developers, and home care providers. Wisdom is strategically positioned to capture market share in the smart home sector, which is projected to grow substantially in the coming years. By providing a superior solution for aging adults and their caregivers, Wisdom is poised to offer a more effective and comfortable alternative to current options, with the potential to revolutionize aging at home.

Company Info

Wisdom offers an AI-powered smart home system designed to enhance safety, wellness, and independence for older adults aging in place.

Wisdom is an innovative company focused on improving aging in place for older adults by offering a smart home system designed for their specific needs. The system leverages privacy-preserving sensors and AI technology to ensure physical safety and wellness while maintaining privacy. Wisdom’s solution includes fall detection, movement monitoring, and routine anomaly alerts, all integrated into a user-friendly mobile app that connects families and caregivers. This approach contrasts with traditional wearables and medical alert systems by providing an invisible, always-on solution that respects users’ autonomy and privacy.

The company’s technology is poised to meet the growing demand for smart home systems, especially as the population of adults aged 65 and older increases. Wisdom’s market solution addresses significant issues such as caregiver shortages and the desire of older adults to remain independent at home. Through strategic partnerships, such as collaborations with home modification companies and nonprofit organizations, Wisdom aims to expand its reach. The company is set to launch commercially in 2025, with plans for sustainable growth and profitability by 2026.