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Duos
Personal assistants for the elderly
- 21-100 employees
- Healthcare
- B2C
- Personal health
- Age-tech
- Wellbeing
- Union Square, New York, NY
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Company mission
To reimagine freedom at any age.
Our take
The US’ elderly population firmly prefers to age at home. This is good news for the overburdened, understaffed, and underfunded US care home sector; but it brings up challenges of its own. Namely, how to meet the more modest but consistent in-home care requirements of this demographic? Various answers are coming from the newly emergent agetech sector - part of which is the elderly care platform DUOS.
The DUOS subscription service pairs up elderly customers with qualified care assistants. These assistants provide both virtual companionship and logistical and healthcare support, so elderly people are able to keep on top of domestic chores, housing issues, health, and community engagement.
It’s a comprehensive service - but one matched equally by DUOS’ direct competitor, the newly minted unicorn Papa. The latter company also provides optional in-person companionship, for a lower cost, which means it addresses the key loneliness epidemic that’s a critical part of the ageing population crisis.
Nevertheless, both companies are operating in a fairly uncluttered market - and addressing an acute and growing issue. The sector is growing fast, with VC investment to match, and whilst DUOS may need to expand to compete with Papa, it's certainly in a strong position.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Health insurance
- Dental insurance
- Vision insurance
Company values
- You've got a friend - Older adults are the star of the show. Their point of view always comes first
- Question the status quo - Innovation is the direct result of curiosity. Dream big and never look back
- We’re all in this together - DUOS reflects the world around us. Every voice and perspective should be represented
- Make a difference - We are “no egos amigos” that prefer action to perfectionism
- Trust is everything - Honesty and consistency are good for business (and great for karma)
Funding (last 2 of 3 rounds)
Jun 2023
$10m
EARLY VC
Apr 2022
$15m
SERIES A
Total funding: $31.1m
This company has top investors
Leadership
Karl Ulfers
(CEO)Worked in various VP roles at UnitedHealth Group, then moved into a CPO, then CEO role at Rally Health.
Kristen Lynch
(CPO)Previously the executive VP of Greater Boston Urology, before serving as senior manager of interoperability at athenahealth. Then worked as Onduo's product VP, and subsequently founded Redesign Health.
Anne Marie Aponte
(COO)Previously SVP of operations at Accolade, then NextHealth Technologies, then SVP of partner strategy and success at DispatchHealth.
Jacques Anderson
(Chief of Staff)Originally an associate at Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates, then moved on to serve as director of legal and business affairs at The Players' Tribune.