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Silvertree

Wearable wellness device for older adults

Silvertree logo
1-20 employees
  • B2C
  • Personal health
  • Mobility
  • Age-tech
Inman Square, Cambridge, MA

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Company mission

To inspire the world’s aging population.

Our take

The American population is ageing, and our parents and grandparents are healthier and more independent than ever before. But with that independence, what happens in an emergency situation? That’s the problem Silvertree aims to solve.

Its solution is wearable tech for active older adults with simple controls, fall detection capabilities and connection to both family and emergency services. Its additional functions (like a step counter, or the ability for loved ones to send ‘virtual hugs’) are a nice touch, but the core product is essentially a smartwatch which keeps an eye on older relatives.

It stands out in the market. There are a couple of other wearable tech options out there aimed at older adults, but Silvertree’s offering has the simplicity of single-button controls that feels like this has been explicitly designed with them in mind. They’re focussing recent funding on finessing the product for launch.

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Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Health Insurance: Comprehensive medical, dental, and vision plans for employees and their families.
  • Unlimited Vacation Time: No "hustle culture" here. Take as much time as you need to feel productive
  • Flexible Work Schedule: Part in the office, part from home, whatever fits your schedule best.
  • Coffee: Some of us are coffee snobs, so there's good coffee in the office.
  • 401k: Contribute pre-tax to a retirement account

Company values

  • People first, always: We practice compassion and empathy in everything that we do. We meet people where they are -- not where we want them to be
  • Ownership mentality: Owners take results personally and lead by example. We are empowered to make decisions that improve the status quo.
  • Bias towards action: We focus on results and prioritize practicality over process. We embrace change, take smart risks, and learn from our mistakes
  • Confidence without ego: We share our ideas with conviction and respectfully challenge each other. Once a decision is made, we fully commit.
  • Consumer-focused: We believe empathy is our most valuable tool to inspire active lives for Older Adults. Prioritizing the consumer experience is our North Star, anchoring our decisions to our purpose

Funding (last 2 of 3 rounds)

Aug 2021

$2.5m

SEED

Dec 2020

$4.5m

SEED

Total funding: $11.5m

This company has top investors

Leadership

Dan Josebachvili

(CEO)

Previously Director of Business Development & Strategic Partnerships at Epsilon, and Co-President of InSITE. They have also worked as Global Manager of the Investment Team at ZX Ventures and in Supply Chain Strategy and Partnerships at Wayfair.

Steven Chambers

(Director)

Formerly President of Nuance Communications; CMO of Polycom, Arbortext, SpeechWorks and Sense; and CEO of Jibo. Alongside Silvertree, they are the Director of OnSpot Dermatology and Kasisto as well as Doctoral Resident at Houghton Mifflin Harcourt. They are also on the board of Snorble, Sanas, English Central and CallMiner.