Healthy aging
The company will use the funds to advance the study of its neuromodulation device intended to treat Alzheimer's disease.
The acquisition expands the senior-focused company's offerings to include a workflow management program and value-based care reimbursement assistance.
It features 24/7 nursing support via video call.
The partnership marks another move in home care for the retail giant, which has made several acquisitions in the space over the past few years.
The wearable uses its motion sensors to determine if the user has taken a hard fall and can contact emergency services if they don't respond.
Users will have access to symptom tracking and educational content, while its enterprise customers can obtain additional on-demand coaching and support.
The latest funding builds off a Series B announced in April.
Spanish home care startup Senniors raised $5.6 million, and health benefits company Thatch launched with more than $6 million raised in pre-seed and seed funding.
The deal is expected to close this year.
Fake MRIs generated using AI were used to check the sensitivity of existing measures of brain atrophy.