SeniorDomo continues its international expansion. The Spanish company, which specializes in telecare for the elderly and dependent people, has started operations in France, according to Ángel Puertas, CEO of SeniorDomo.
France is the second foreign destination for the Barcelona company, which also offers its services in Italy. The company has tested its technology in more markets and does not rule out opening a new country next year.
Currently, SeniorDomo offers its services to 5,000 families between Spain, Italy, and France and the objective by the end of 2023 is to reach 6,000 families, which would triple the user base this year, according to the company’s CEO. Another objective is to add administrations with which to collaborate in the provision of supervision services to seniors with cognitive difficulties. SeniorDomo collaborates with the City Council of Alcobendas (Madrid) and Aitona (Lleida).
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SeniorDomo will launch two new products next year
With the support of entities such as the Institut Català de Finances (ICF) and Enisa Crecimiento, the company is dedicating efforts in its innovation laboratory to launch two new products in 2024. The first is for the reduction of unwanted loneliness and the second is for the improvement of health.
SeniorDomo’s solution is an advanced telecare clock that works 24 hours a day anywhere. Its operation is completely autonomous and includes its own card with data and voice, avoiding the use of an associated mobile phone, and stands out for having a help button and hands-free.
SeniorDomo technology also includes a system for detecting different risk situations such as falls, unusual inactivity, or heart problems. The sensors send a notification to family members. One of the main innovations of its technology is the ability to make phone calls in any language in less than twenty seconds to contact the first available family member, who can communicate with the user through the watch hands-free.
The company was born at the end of 2018 with the entrepreneurial team’s own funds to develop its platform. The project was launched by two engineers who completed a master’s degree at the Universitat Oberta de Catalunya (UOC).
The company closed its first round of private financing in 2021
The founding team includes Ángel Puertas, his brother Pedro Puertas, and Jordi Mercé, who serves as technology director. In 2021, SeniorDomo closed its first round of private financing with which it obtained €350,000 from the Archipelago Next, Invergy B Side funds, and its social stock market.
Archipelago Next is a Canarian investment fund with extensive experience in digital companies and the health sector. Tickets from this fund can range from €50,000 to €200,000. On the other hand, Invergy B Side is a UOC fund.
The majority of SeniorDomo’s capital is controlled by the founding team, while the rest is distributed between Archipelago Next, Invergy B Side, and other investors. The Catalan company collaborates with other companies in the sector such as Suara, Serunion, and Aiudo.
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First published in PlantaDoce. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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