
Formation Capital
3550 Lenox Road NE FL 21 #6345, Atlanta, Georgia, 30326, United States
Overview
Established in 1999, Formation Capital is a leading private investment management firm focused on seniors housing and care, post acute and health care real estate investments. Their fully integrated investment platform combines acquisition and asset management specialization for a sector that requires a unique skill set to manage the real estate and operational complexity inherent in every opportunity. This dynamic encouraged Formation Capital to design a distinct investment approach that captures maximum value in the future, based on realizing arbitrage between real estate markets, corporate markets and capital markets today. Their in-house clinical advisory team, Formation Healthcare Group and development team, Formation Development Group, complement an experienced management team with expertise in healthcare, real estate, structured finance, corporate mergers and acquisitions, restructurings and value-add asset management.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Finance
Investment portfolio
- TSOLife
Led · Series A · Oct 2022
TSOLife offers an AI-driven resident insight and experience platform (Minerva) that converts resident interviews into structured, actionable data to guide real-time decisions in senior living communities. Its platform captures more than 300 data points per resident and claims a 650% improvement over traditional interview methods, enabling deeply personalized engagement, satisfaction tracking, and sales enablement features. TSOLife reports having gathered social and quality-of-life data for over 125,000 residents and partners with major operators including Benchmark Senior Living, Brookdale Senior Living, Sagora Senior Living, Priority Life Care, Senior Resource Group, Vitality Senior Living, and Commonwealth Senior Living. The company says its work strengthens social drivers of health (connection, purpose, engagement) and can extend residents’ length of stay by more than six weeks. TSOLife plans to use recent growth capital to accelerate product development, enhance its AI capabilities, and expand customer support to operationalize personalization across communities. The platform also includes customizable tools such as inclusivity calendars, digital signage, resident and family apps, satisfaction surveys, and real-time analytics to help communities differentiate to prospects. TSOLife provides an AI-based business intelligence platform called Minerva that creates dashboards and personalized tools for senior living staff. The platform uses artificial intelligence to turn prospect and resident knowledge into actionable insights and to accelerate decision-making. TSOLife partners with senior living communities across the nation to deploy Minerva. The company intends to use the Series A proceeds to accelerate development of the Minerva platform. TSOLife is led by CEO David Sawyer. The financing status and use of funds indicate a focus on product development and scaling adoption within the senior living market.
- Seniorly
Led · Series A · Nov 2021
Seniorly operates a technology-driven customer acquisition platform that connects families and older adults with senior living communities, combining search-based personalized recommendations with support from a national network of local advisors. The company provides access to thousands of senior living communities, expert insights, and a marketplace of companies offering services and products for families. Its platform delivers personalized recommendations based on users' search preferences and pairs that with advisor support. Seniorly currently supports over 4.5 million visitors every year on their senior living journey. Led by CEO and cofounder Arthur Bretschneider, the company is focused on expanding product capabilities and scaling its advisor network. Management has indicated growth-focused plans around hiring, product development, and go-to-market initiatives.