Norbert Health, Inc.

Norbert Health, Inc. is a US-based company specializing in developing AI-driven technology solutions for elder care, focusing on enhancing health monitoring and care automation for senior residents. Founded in 2019 and headquartered in Brooklyn, US, Norbert Health, Inc. focuses on delivering innovative technology solutions for elder care.

The company has engaged in two funding deals, with its most recent funding being a Seed round in June 2021, where it raised USD 5. 000 mn with the participation of investors including C4 Ventures, Exor Seeds, and LDV Capital. The company’s CEO and founder, Alexandre Winter, has an extensive background in health technology, contributing to its vision in elder care solutions. Norbert Health is pioneering a comprehensive solution for elder care through its innovative AI-driven technology.

The core product, an intelligent hardware sensor, is designed to recognize and monitor the health of senior residents, automating various standard care tasks such as vital sign checks and mobility assessments. This device not only collects vital health data but also analyzes it to provide personalized care recommendations tailored to each patient's unique context. By facilitating independent living for seniors, Norbert Health aims to optimize care workflows, alleviate pressure on caregivers, and improve the overall quality of care. The company's solutions are primarily targeted at senior care facilities and care management providers, with a focus on markets in North America and Europe.

Norbert Health operates on a B2B model, primarily generating revenue through partnerships with senior care facilities and care management organizations. Clients typically engage with the firm through subscription models, where they pay for access to the Norbert platform that integrates various caregiving functionalities. Each client can choose a tailored package that includes access to the smart sensing technology and ongoing AI support, enhancing operational efficiency and care quality. While specific pricing details are not disclosed, the revenue structure is designed to offer scalability, allowing facilities to adjust their subscription levels based on their needs and the size of their patient community.

This approach not only drives revenue but also fosters long-term partnerships in the health care ecosystem. In June 2021, Norbert Health, Inc. raised USD 5. 000 mn in Seed funding co-led by new investor Serena and returning investor Hardware Club, with participation from additional investors.

The company will utilize this funding to grow its team, build additional product features, pursue medical certification, and expand its operations into new geographic regions. Future plans include launching new product features aimed at enhancing the existing platform and targeting expansion into more senior care markets in North America and Europe by the end of 2023.