AceAge

Karie | Medication made Simple

General Information
Company Name
AceAge
Founded Year
2015
Location (Offices)
Oakville, Canada +1
Founders / Decision Makers
Number of Employees
22
Industries
Health Care, Medical Devices
Funding Stage
Grant
Social Media

AceAge - Company Profile

AceAge is a healthcare technology company headquartered in Canada. The company's slogan, "Karie | Medication made Simple," reflects its mission to create intuitive products that ease the aging process and improve health outcomes. AceAge's flagship product, Karie, is a home health appliance designed to assist individuals in managing their medication effectively. Karie serves as a personal health companion, organizing, scheduling, and dispensing pills with easy one-button control. This innovative solution aims to increase the health and safety of medical patients and minimize the negative consequences of missed medications or non-adherence to medication directions, which carries significant costs. The company recognizes that patient compliance is integral to the success of medicine and seeks to address the annual $290 billion direct and indirect costs of nonadherence in the US through its automated medication routine solution. Karie utilizes common multi-dose pouch packaging that can be pre-set by pharmacists, ensuring that doses are scheduled, delivered, and monitored for the user. With an emphasis on ease of use and promoting greater patient autonomy, Karie aspires to ensure better healthcare through a highly coordinated program. As of 14 April 2022, AceAge secured a $616.00K grant investment from the Ontario Together Fund, signaling recognition and support for their innovative approach to improving medication management and ultimately enhancing health outcomes. Since its founding in 2015, AceAge continues to demonstrate its commitment to leveraging technology for impactful solutions in the health care industry.

Taxonomy: Medication Adherence, Aging in Place, Health outcomes, Data Collection, Patient Safety, Medication Management, Elderly Care, Chronic Disease Management

Funding Rounds & Investors of AceAge (5)

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Funding Stage Amount No. Investors Investors Date
Grant $616.00K 1 Ontario Together Fund 14 Apr 2022
Series A $5.00M 2 03 Dec 2020
Seed Round $2.00M 1 09 Aug 2017
Venture Round Unknown 1 Hacking Health Accelerator 14 Dec 2016
Seed Round $67.50K 2 Innovation Guelph 16 Feb 2016

Latest News of AceAge

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No recent news or press coverage available for AceAge.

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