HearstLab, established in 2015 and based in New York, is a corporate venture capital arm of Hearst Corporation that focuses on early-stage investments in women-led startups. The firm targets companies primarily in technology, data analytics, fintech, healthcare, transportation, and media sectors, primarily within North America. HearstLab has invested in over 56 startups at the Seed and Series A stages, achieving four successful exits. In addition to capital investments, HearstLab offers a year of comprehensive support services, leveraging Hearst’s extensive resources across more than 360 businesses. This support includes assistance with commercial deals, legal services, marketing, and capital raising. Portfolio companies also benefit from the strategic insights of HearstLab Scouts, a network of women leaders from Hearst who provide mentorship and connections. The dedicated team at HearstLab further enhances portfolio companies by offering expertise in areas such as UI/UX, DevOps engineering, data security, and business development.
Mon Ami, Inc. is a California-based company founded in 2018 that has developed an application aimed at connecting college students with seniors who experience social isolation due to conditions such as dementia, Alzheimer’s, Parkinson’s disease, autism, and cancer. The platform facilitates meetings between seniors and companions or families, addressing the growing need for social connectivity among older adults. Additionally, Mon Ami offers software solutions tailored for aging and disability service providers, allowing them to enhance their operational efficiency and reduce administrative burdens. These tools are designed to be HIPAA compliant, enabling service providers to streamline workflows, increase their capacity to assist more seniors, and effectively track outcomes related to senior well-being. Through these initiatives, Mon Ami seeks to address challenges in the senior services market and improve the quality of life for older adults.
Wellthy
Venture Round in 2023
Wellthy, Inc. is a concierge service based in New York that assists individuals and families in managing care for chronically ill, aging, or disabled loved ones. Established in 2014, the company connects families with dedicated Care Coordinators who help navigate complex care situations, including aging-related issues such as dementia, diabetes, and cancer, as well as childcare and special needs. Wellthy's platform enables families to efficiently organize appointments, manage tasks, store essential documents, and maintain communication, alleviating the logistical burdens associated with caregiving. The service aims to provide relief to families by coordinating care and addressing related medical, legal, financial, and housing needs.
Wellthy
Series B in 2021
Wellthy, Inc. is a concierge service based in New York that assists individuals and families in managing care for chronically ill, aging, or disabled loved ones. Established in 2014, the company connects families with dedicated Care Coordinators who help navigate complex care situations, including aging-related issues such as dementia, diabetes, and cancer, as well as childcare and special needs. Wellthy's platform enables families to efficiently organize appointments, manage tasks, store essential documents, and maintain communication, alleviating the logistical burdens associated with caregiving. The service aims to provide relief to families by coordinating care and addressing related medical, legal, financial, and housing needs.
Mon Ami
Venture Round in 2021
Mon Ami, Inc. is a California-based company founded in 2018 that has developed an application aimed at connecting college students with seniors who experience social isolation due to conditions such as dementia, Alzheimer’s, Parkinson’s disease, autism, and cancer. The platform facilitates meetings between seniors and companions or families, addressing the growing need for social connectivity among older adults. Additionally, Mon Ami offers software solutions tailored for aging and disability service providers, allowing them to enhance their operational efficiency and reduce administrative burdens. These tools are designed to be HIPAA compliant, enabling service providers to streamline workflows, increase their capacity to assist more seniors, and effectively track outcomes related to senior well-being. Through these initiatives, Mon Ami seeks to address challenges in the senior services market and improve the quality of life for older adults.
Silver Bills
Seed Round in 2021
Silver Bills is a developer of bill paying technology intended to take over the burden of paying bills for seniors. The company's technology receives clients' bills electronically, scrutinizes and pays them, employs technology-based secure systems to alleviate the hassles of daily money management and charges an economical, flat monthly fee, enabling elderly Americans and their families live in their homes without the stress and anxiety that often accompanies paying bills.
Soundmind
Seed Round in 2019
Soundmind Intelligence, Inc. is a company based in Brooklyn, New York, that provides a platform featuring conversational A.I. voice assistants specifically designed for senior care providers. Founded in 2018, the company's technology aims to reduce social isolation among older adults by enhancing communication and connectivity. Its voice assistants enable caregivers and administrators to manage accounts for elder residents, offering personalized features such as care plans, calendars, reminders, messaging, and entertainment. By streamlining these functions through voice interaction, Soundmind facilitates improved communication between caregivers, residents, and their families, ultimately supporting better care in senior living environments.
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