Smart Ageing Tech develops SaaS software for medical and elder-care facilities using software engineering, data science, and AI. The company originated from a National Taiwan University technology project and began commercial operations in 2018, headquartered in New Taipei City. It works with more than 1,000 care providers in Taiwan and has achieved a market share above 30% in the Taiwanese elderly-care market. The firm expanded to North America at the end of 2022, capturing roughly 10% of total company revenue there and partnering with PointClickCare to deploy to 40 care facilities in the first year. Smart Ageing Tech plans to accelerate expansion into Japan from 2024 and will launch "JuboLink for Dental" to monitor patients' vital signs during dental procedures in 2024. Cumulatively the company has raised TWD620M to date, supporting continued product development and geographic expansion. 智齡科技 offers AI-enabled eldercare products such as the "AI智慧量測推車 (VitalTrolley)" and accommodation/day/home care management solutions that handle vital-sign transmission, medication records, wound recognition, and smart scheduling. The team originated in a National Taiwan University lab and became an independent company in 2018. To date it has served over 37,000 elders and families, accumulated 600 million care data points, and holds more than 27 design and invention patents and trademarks. The company reports domestic market share above 30% and annual revenue growth of roughly 300% year-over-year. Management says it will use new funds to further develop advanced AI, accelerate digital transformation, and address workforce shortages. It is already active in Taiwan and has started commercial expansion into North America and Japan, targeting overseas revenue of more than NT$100 million in 2024. Smart Ageing Tech (founded 2018) develops Jubo, an AI-powered platform for elderly care that helps caregivers, social workers, and care attendants manage daily care tasks. Jubo’s features include AI medication-management that checks individual regimens, flags risky or incorrect dosing, and sends real-time alerts to caregivers and pharmacists. The system has been approved by more than 200 care organizations and is used daily by over 3,000 care professionals. The company is developing additional AI services—including wound recognition and shift management—with five services currently in development and a goal of offering ten services by year-end. Smart Ageing Tech participated in Taiwan’s government “population aging challenge” program and has demonstrated a patented care rounds cart in Tokyo. The company is pursuing international expansion to the U.S., Japan, and Singapore and has opened a North American office and formed a partnership with PointClickCare while exploring ties with ECON Healthcare Group.

Total raised

$82M

Funding rounds

3

Latest round

Series B

Latest activity

Jul 2024