Lilli, a UK-based SaaS company specializing in proactive lifestyle monitoring technology for revolutionizing care, secured over €9.5 million in Series A financing.
Led by West Hill Capital.
Founded in 2014, West Hill Capital is a private equity firm based in London, United Kingdom. The firm prefers to invest in the financial services and technology sectors.
Lilli Use of Funds
The new financing will accelerate Lilli's scale-up across the public and private health and care sectors, driven by growing demand for its technology. The funds will also enable the company to explore deeper avenues into AI insights and reporting and support Lilli in launching a friends and family version of the app.
Lilli is a developer of multi-sensor remote monitoring technology designed to empower people to live independently, safely, and happily within their homes. Lilli is pioneering the shift from a reactive to a proactive care model. Through smart, non-intrusive technology and proprietary AI and machine learning (LLM), Lilli observes patterns and trends among users to equip care workers with clear and accurate insights into wellbeing and what is happening in the home. The technology is already helping to alleviate the resource and financial pressures in the broader health and social care system in the UK.
Company: Intelligent Lilli Limited
Round: Series A
Funding Month: February 2024
Lead Investors: West Hill Capital
Company Website: https://www.intelligentlilli.com/
Software Category: Proactive Lifestyle Monitoring