'Patronus' is a startup in the senior and elderly care industry that recently raised over $27 Million USD to fund its daily support services. The primary product offered by Patronus is software that integrates with popular smartwatches. This software, once active, provides a direct and critical 24/7 connection between an emergency call center and the individual wearing the watch.
The Patronus software is pre-loaded with all of the necessary information related to the patient. This includes health records, emergency contacts, caregiver information, address, and more, which removes the need for the patient to speak extensively in an emergency. Additionally, Patronus stated that its software can also provide direct access between the wearer and the caregiver, if necessary, resulting in a seamless care experience.
Patronus stated that one of the largest reasons for creating this software is to return autonomy and independence to elderly people while providing them necessary peace of mind. Ben Staudt, a co-founder of Patronus, stated: "By wearing the watch, our elderly users know that they can get help if anything happens to them. This makes them more confident and they are less likely to reduce their daily activities."
Connected Elderly Care Smartwatches
'Patronus' Integrates with Smartwatches for 24/7 Support
Trend Themes
1. Connected Elderly Care - The trend towards providing elderly care via connected devices, such as smartwatches, is disrupting traditional care models and creating an opportunity for startups in the technology and healthcare industries.
2. 24/7 Emergency Support Services - The trend towards providing round-the-clock emergency support services through connected devices has the potential to revolutionize the emergency response industry and presents a disruptive innovation opportunity for technology and healthcare industries.
3. Autonomy and Independence for Elderly - The trend towards using technology to facilitate autonomy and independence for elderly individuals is disrupting traditional care models and creating opportunities for startups in the technology and healthcare industries.
Industry Implications
1. Senior and Elderly Care - The senior and elderly care industry is experiencing disruption due to the introduction of connected devices, such as smartwatches, which are providing innovative solutions for improving the quality of care.
2. Emergency Response - The emergency response industry is being disrupted by the trend towards providing 24/7 emergency support services through connected devices, creating an innovation opportunity for technology and healthcare industries.
3. Technology and Healthcare - The intersection of technology and healthcare is creating disruptive innovation opportunities, such as providing connected devices for elderly care and round-the-clock emergency support services.