Insider Brief
- Lizzy Care secures $2.6M in Seed funding led by Boomerang Ventures to expand its AI-powered platform for at-home dementia and memory care.
- Tech-enabled dementia care integrates predictive analytics, real-time coordination, and local management to enhance patient independence and caregiver support.
- Funding will drive expansion into key U.S. markets, advance product development, and prepare for Medicare readiness in 2025.
PRESS RELEASE — Lizzy Care, a pioneering health tech company, is thrilled to announce a $2.6 million Seed funding round led by Boomerang Ventures, marking a significant milestone in our journey to redefine dementia and memory care. This strategic investment from Boomerang Ventures underscores their confidence in our vision and commitment to advancing connected health technologies.
Transforming Dementia Care with Personalized, Tech-Enabled Solutions
Lizzy Care is dedicated to reshaping the experience of dementia care. Our innovative platform combines the power of technology with compassionate care to support families and enhance the dignity of those living with dementia. Utilizing predictive analytics and real-time care coordination, our approach makes high-quality, proactive dementia care accessible and effective.
Addressing the Challenges of Dementia Care
“Our mission at Lizzy Care is to confront the fragmented and often reactive nature of current dementia care,” said Dr. Marc Rothman, CEO of Lizzy Care. “With Boomerang Ventures’ support, we’re poised to expand our services and enhance our platform, ensuring families receive the comprehensive care they deserve.”
Empowered by Boomerang Ventures’ Investment
Boomerang Ventures recognizes the critical need for innovative solutions in the rapidly growing dementia care market. “The global dementia treatment market is expanding, and Lizzy Care’s model is perfectly poised to meet this challenge,” said Oscar Moralez, Founder & Managing Partner at Boomerang Ventures. “We invest in solutions that not only meet current needs but also anticipate future challenges, ensuring sustainable impact.”
About Lizzy Care
Lizzy Care is a New York-based health tech company revolutionizing dementia care with innovative, consumer-facing solutions. Our platform enhances caregiver capabilities and patient outcomes through integrated care coordination and advanced technology. Lizzy Care is committed to expanding its reach and continuing to innovate in dementia care. For more information, visit our website at Lizzy Care.
About Boomerang Ventures
Boomerang Ventures, established in 2019, invests in early growth-stage connected health technology companies. Based in Indianapolis, Boomerang Ventures supports founders from ideation to market with a unique blend of studio and venture fund models. Focused on transforming healthcare, Boomerang is at the forefront of solving the industry’s most significant challenges. Learn more at Boomerang Ventures.
