Hidea Solutions

Hidea Solutions

IoT telecare solutions for senior and disabled care.

HQ location
Seoul, South Korea
Website
Launch date
Enterprise value
$17m
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DateInvestorsAmountRound
*

KRW20.0b

Valuation: KRW20.0b

Late VC
Total Funding000k
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More about Hidea Solutions
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Hidea Solutions Co., Ltd. is a South Korean company established in 2001 that specializes in sensor and IoT network technologies. The firm's primary business is providing telecare solutions for the safety and health management of the elderly and disabled population. Its main product, the LivOn Telecare System, is a service platform that utilizes wireless sensors and IoT devices to monitor activity levels and sleep patterns in a user's home. This allows the system to detect decreases in activity or potential emergencies, providing remote monitoring and analysis for caregivers and service providers.

The company's offerings include a suite of hardware such as a base unit (smart hub), activity detectors, and emergency pagers that connect to its Telecare Service Platform (TSP). This platform uses data analytics and AI to predict and manage risks. Hidea Solutions serves a range of clients, including service businesses and public organizations, and has been involved in projects like the 'Emergency Safety System for the Elderly Living Alone'. The company was founded by CEO Lee Seungyop and has been recognized for its technology, receiving a presidential citation during the '2017 Science and Information and Communication Day Ceremony'.

Keywords: telecare, IoT, senior care, remote patient monitoring, wireless sensors, assistive technology, elderly care, smart home care, healthcare IoT, activity monitoring, risk prediction, independent living, disabled care, sensor networks, e-health, connected health, safety monitoring, emergency response system, LivOn, digital healthcare

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