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§ Private Profile · Raleigh, NC, USA
Technology company providing an IoT platform for communication and engagement for senior living communities and older adults.
K4Connect has raised $49.7M across 6 funding rounds.
Key people at K4Connect.
K4Connect has raised $49.7M in total across 6 funding rounds.
K4Connect is a Fort Myers, Florida-based technology company that integrates Internet of Things (IoT) products and software into a single platform. This platform is designed to empower older adults and individuals living with disabilities through communication and engagement tools. It enables residents in senior living communities, such as Life Plan Communities like Cypress Cove, to stay informed and connected with staff, friends, and family. While specific financial metrics, user counts, or employee figures are not publicly disclosed, the company was recognized among the Best Tech Startups in 2021. K4Connect was founded by Scott Moody, who serves as CEO, and Jonathan Gould, the company's CTO, with the exact founding year not publicly available. Its business model centers on sectors/customers: Senior living communities, older adults and people with disabilities.
Key people at K4Connect.
K4Connect is a mission-driven AgeTech company that builds enterprise SaaS platforms, including FusionOS (a patented data integration platform) and K4Community (an engagement and smart home ecosystem), to unify technology in senior living communities.[1][2][4] It serves residents, staff, families, executive leaders, and IT operators across independent living, assisted living, and memory care, solving data silos, communication gaps, workflow inefficiencies, and resident engagement challenges while providing actionable insights to reduce costs and improve care, hospitality, and independence.[1][2][5] With $51.8M in total funding, including an $8.9M recent round, and deployment in hundreds of communities nationwide, K4Connect demonstrates strong growth in a sector facing rising older adult populations and caregiver shortages.[3][4]
Founded in 2013 in Morrisville, North Carolina, K4Connect started with a vision to revolutionize smart home IoT technology initially targeted at hotels and commercial buildings.[1][3][4] Co-founder and CTO Jonathan Gould pivoted the focus to senior living after a pivotal coffee meeting with a friend diagnosed with multiple sclerosis, who recognized the platform's potential to transform lives for older adults and those with disabilities.[4] Early traction came quickly: by 2018, its flagship K4Community product had managed over 2 million IoT interactions, enabling safer, more independent living and providing operators with analytics tools.[6] This shift humanized the mission, evolving K4Connect into a partner for senior communities coast-to-coast, backed by a team of creative technical experts committed to impactful AgeTech.[1][3]
K4Connect rides the AgeTech wave, capitalizing on the exploding U.S. older adult population (projected to double by 2050) amid caregiver shortages, driving demand for tech that enables aging in place and operational efficiency in a $400B+ senior living market.[1] Timing is ideal as post-pandemic labor constraints and rising costs push operators toward integrated platforms; FusionOS addresses data fragmentation plaguing 80%+ of communities, while IoT/resident tech aligns with wellness trends like connected health.[2][4][6] It influences the ecosystem by partnering with top providers, fostering an open integration marketplace, and empowering operators to launch innovative programs, positioning senior living as a tech-forward sector rather than overlooked.[1][5]
K4Connect is poised for accelerated expansion with FusionOS now available standalone, enabling broader operator adoption beyond its engagement suite amid staffing crises and AI-driven analytics demands.[3][4] Trends like AI-enhanced predictive insights, expanded IoT for memory care, and value-based care reimbursements will propel growth, potentially scaling to thousands more communities as ROI data builds case studies.[2][5] Its influence may evolve from integrator to ecosystem orchestrator, shaping AgeTech standards and attracting acquisition interest from health giants, ultimately bridging tech gaps to let seniors thrive independently—realizing the 2013 vision at population-scale.[1][3]
K4Connect has raised $49.7M in total across 6 funding rounds.
K4Connect's investors include Daniel Decker, Kurt Read, William Petty, Forte Ventures, Second Century Ventures, Louis Rajczi, AXA Venture Partners, Intel Capital, Revolution, Sierra Ventures, Topmark Partners, Traverse Venture Partners.
K4Connect has raised $49.7M across 6 funding rounds. Most recently, it raised $12.0M Other Equity in February 2022.
