Sioslife
Developing digital solutions that enhance elderly care and social inclusion through interactive systems and remote services.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | €2.3m | Series A | |
| Total Funding | 000k | ||
| EUR | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | (40 %) | (20 %) |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| % profit margin | 5 % | (81 %) | (133 %) |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Sioslife, a company operating in the AgeTech sector, provides a digital platform designed to enhance the quality of life for the elderly and support their caregivers. Founded in Braga, Portugal, in 2011 by Jorge Oliveira and Fábio Macedo, the company's creation was inspired by their academic work in computer graphics and multimedia engineering. They identified a technological gap in social care institutions and set out to address the social isolation prevalent among the senior population.
The company's core offering is a software platform that integrates digital inclusion, remote care, and care management tools. This system is accessible via tablets and computers with a user-friendly interface designed specifically for seniors, enabling them to make video calls, engage with family, participate in telehealth, and use applications for cognitive stimulation like games. For caregivers and institutions such as nursing homes, day centers, and home care services, Sioslife provides a comprehensive suite of tools for care planning, activity logging, reporting, and team coordination. This centralizes information, improves communication between staff and families, and helps digitize and automate care processes. A companion mobile app allows family members to stay informed and connected.
Sioslife's business model is centered on providing its technology solutions to B2B clients, including private care facilities and public administration entities in Portugal and Spain. As of mid-2024, the platform serves over 600 institutions and 16,000 users. The company's revenue is generated through customized pricing based on factors like the number of users and desired functionalities. Having secured €2.3 million in a Series A funding round in early 2023, Sioslife is focused on consolidating its position in the Iberian market and pursuing international expansion into other European markets.
Keywords: AgeTech, elderly care software, senior care platform, digital inclusion for seniors, remote care, care management software, social inclusion, caregiver support tools, telehealth for seniors, cognitive stimulation games, nursing home technology, digital health, Jorge Oliveira, Fábio Macedo, senior communication tools, assisted living technology, home care software, gerontechnology, care coordination platform, digital social care