What is Assured Allies?
Founded in 2017, Assured Allies is dedicated to enhancing the aging process through innovative technologies and specialized expertise. The company collaborates with leaders in the long-term care industry and insurance providers to foster successful aging. Its Age Assured program, offered at no cost through long-term care insurance companies, provides essential support for individuals seeking to maintain independence as they age. Assured Allies operates within the burgeoning longevity and health-tech markets, aiming to redefine the experience of aging.
How much funding has Assured Allies raised?
Assured Allies has raised a total of $60.8M across 2 funding rounds:
Series A
$18.3M
Series B
$42.5M
Series A (2021): $18.3M with participation from Core Innovation Capital and New Era Capital Partners
Series B (2023): $42.5M led by Ms&ad Ventures, Harel Insurance, Hamilton Lane, and New Era Capital Partners
Key Investors in Assured Allies
Core Innovation Capital
Core Innovation Capital is a venture capital firm focused on early-stage fintech businesses that aim to improve wealth and health for the mass market, supporting founders who modernize everyday life.
Ms&ad Ventures
MS&AD Ventures is a corporate venture capital arm of MS&AD Insurance Group Holdings, investing in early-stage startups in insurtech, fintech, and healthcare, with a global presence and a focus on strategic partnerships.
Harel Insurance
Harel Yedidim is a prominent Israeli medical insurance provider offering various health insurance programs and professional advice, particularly for scientists, students, tourists, and foreign workers, ensuring personalized service.
What's next for Assured Allies?
With the recent major strategic investment, Assured Allies is poised for significant expansion and further development of its aging-in-place technologies. This capital will likely fuel advancements in their Age Assured program, enhance strategic partnerships with insurance providers, and potentially broaden their market reach. The company's focus on integrating technology with long-term care solutions positions it to capitalize on the growing demand for services that support independent living for seniors. Future initiatives may include scaling their operational capacity and refining their data-driven insights into aging trends.
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