AceAge

AceAge

Karie | Medication made Simple

Founded 2015 Canada

Oakville, Canada 22 employees Grant Total: $7.68M Health Care, Medical Devices

AceAge is a healthcare technology company headquartered in Canada. The company's slogan, "Karie | Medication made Simple," reflects its mission to create intuitive products that ease the aging process and improve health outcomes. AceAge's flagship product, Karie, is a home health appliance designed to assist individuals in managing their medication effectively. Karie serves as a personal health companion, organizing, scheduling, and dispensing pills with easy one-button control. This innovative solution aims to increase the health and safety of medical patients and minimize the negative consequences of missed medications or non-adherence to medication directions, which carries significant costs. The company recognizes that patient compliance is integral to the success of medicine and seeks to address the annual $290 billion direct and indirect costs of nonadherence in the US through its automated medication routine solution. Karie utilizes common multi-dose pouch packaging that can be pre-set by pharmacists, ensuring that doses are scheduled, delivered, and monitored for the user. With an emphasis on ease of use and promoting greater patient autonomy, Karie aspires to ensure better healthcare through a highly coordinated program. As of 14 April 2022, AceAge secured a $616.00K grant investment from the Ontario Together Fund, signaling recognition and support for their innovative approach to improving medication management and ultimately enhancing health outcomes. Since its founding in 2015, AceAge continues to demonstrate its commitment to leveraging technology for impactful solutions in the health care industry.

Funding Stage	Amount	Investors	Lead Investors	Date
Grant	$616.00K	1	Ontario Together Fund	14 Apr 2022
Series A	$5.00M	2	Bloom Burton & Co., Longliv Ventures	03 Dec 2020
Seed Round	$2.00M	1	Accelerator Centre	09 Aug 2017
Venture Round	Undisclosed	1	Hacking Health Accelerator	14 Dec 2016
Seed Round	$67.50K	2	Ontario Centres of Excellence, Innovation Guelph	16 Feb 2016

Funding Stage

Amount

Investors

Lead Investors

Date

Grant

$616.00K

Ontario Together Fund

14 Apr 2022

Series A

$5.00M

Bloom Burton & Co., Longliv Ventures

03 Dec 2020

Seed Round

$2.00M

Accelerator Centre

09 Aug 2017

Venture Round

Undisclosed

Hacking Health Accelerator

14 Dec 2016

Seed Round

$67.50K

Ontario Centres of Excellence, Innovation Guelph

16 Feb 2016

FAQ About AceAge

Karie | Medication made Simple

AceAge was founded in 2015.

AceAge is headquartered in Oakville, Canada.

AceAge operates in Health Care and Medical Devices. Its work centres on Medication Adherence, Aging in Place, Health outcomes and Data Collection.

AceAge has approximately 22 employees.

AceAge has completed 5 funding rounds, raising a total of $7.68M. The latest funding stage is Grant.

Top alternatives and competitors to AceAge include Propeller Health, HealthBeacon, Causalus, Umps, PatchRx. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

AceAge and Propeller Health are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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