Lilli Raises £8.2M in Funding to Expand Proactive Monitoring
Lilli, a proactive lifestyle monitoring technology company based in Woking, UK, has raised £8.2M in Series A funding. The funding round was led by West Hill Capital. With this investment, Lilli aims to expand its commercial operations and further enhance its artificial intelligence (AI) capabilities. Led by CEO Gren Paull, the company offers lifestyle monitoring technology that supports healthcare and social care organizations. By enabling detailed and non-intrusive monitoring of behaviors, Lilli employs machine learning to identify patterns and trends among users. This allows care providers to detect and address behavioral changes before they become critical, reducing the need for hospital visits and supporting users.
Lilli's technology provides a non-intrusive monitoring system that supports individuals with self-limiting health conditions, enabling them to maintain their independence at home for as long as possible.
It benefits healthcare practitioners, family members, and carers by offering a comprehensive solution for monitoring the health and well-being of individuals. Commenting on the recent funding, Gren Paull expressed his excitement and stated that it will enable Lilli to bring the advantages of remote monitoring to more people across the UK and internationally. He emphasized their commitment to ensuring that individuals can live safely and independently at home, while also relieving the strain on the healthcare sector.
By leveraging AI technology and proactive monitoring, Lilli is revolutionizing the way healthcare is delivered. The company's innovative approach not only enhances the quality of care but also reduces costs associated with hospital visits. With the support of West Hill Capital and its expanded funding, Lilli is well-positioned to scale up its operations and continue making a positive impact on the lives of individuals in the health and social care sector. By keeping individuals connected to their communities and support networks, Lilli is playing a crucial role in improving the overall well-being and independence of users.
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