UK SaaS healthtech raises £4.5M to revolutionise home care

Lilli is a UK-based SaaS company that uses machine learning to revolutionise home care. The company bagged £4.5 million pre-Series A funding. The 50% oversubscribed round was organised by West Hill Capital.

The company that supports independent living will use the investment to fuel the roll out of machine learning-enabled care solutions. The funding comes eight months into Lilli CEO Gren Paull’s tenure and a slew of senior appointments including former management consultant Kelly Hudson as CSO, and CCO Nick Weston from O2.

Gren Paull, CEO, Lilli, said: “The timing for this new preventative approach to care and integration of our smart technology is crucial in meeting the needs of ageing population, this has only been exacerbated by COVID 19. The role of technology has a vital role to play in the future success of care delivery across the UK and globally.”

Robert Forbes Caie, managing partner West Hill Capital, added: “West Hill is delighted to be supporting Lilli enabling them to bring its pioneering preventative technology to the NHS and social care sector. Lilli’s proprietary technology is empowering people to live independently within their own homes for longer, when in the past, an individual’s age, ability or condition would have required constant supervision or care. West Hill seeks to identify companies harbouring strong IP that are potentially globally scalable and we feel that Lilli certainly exhibits these qualities.”

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