Safe365 operates a free teleassistance mobile application that lets relatives remotely locate, message and place urgent calls for assisted people. The product began as a safety app for skiers and hikers and has expanded to sell a connected smart bracelet that measures temperature, ECG and blood oxygen and links data to the app. The company reports about 6 million downloads and roughly 1 million active users, with 50% of users in Spain, 10% in the United States and the remaining 40% across other markets. Safe365 employs around 20 people and is based in Barcelona. Management says the new funding will be used to improve the product and to implement a strategy to begin generating revenues. Safe365 offers a free teleassistance mobile app for elderly users, originally developed as a safety app for skiers and hikers that sent exact location to emergency services. The app currently reports 100,000 daily active users. Safe365 says it intends to become the leading family-care platform worldwide. The company plans to use new funding to continue that mission and to enter the United States in the first quarter of 2019. The business is categorized in the internet/computing sector and operates from Barcelona.

Total raised

$3M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2020