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Meela Launches Personalized AI Companion to Combat Loneliness Epidemic Among Seniors

Meela Launches Personalized AI Companion to Combat Loneliness Epidemic Among Seniors

October 1, 2025 Craig Etkin

Meela is the first widely accessible AI companion for seniors that does not require additional devices or hardware

NEW YORK–(BUSINESS WIRE)–Meela, a personalized AI companion for seniors, today launched publicly and announced $3.5 million in seed funding led by Bain Capital Ventures (BCV). With these funds, Meela will invest in R&D to expand its product capabilities and clinical efficacy research.

Loneliness is a rapidly growing epidemic in the US that acutely affects the expanding senior population (age 65+), according to the U.S. Surgeon General. One in three seniors report feeling lonely, and 24% are considered socially isolated. Loneliness is correlated with significantly increased risk of heart disease, stroke and early death, with a mortality impact similar to smoking 15 cigarettes a day. At the same time, the U.S. faces a significant shortage of caregivers both in homes and at senior care facilities, which affects the quality of care.

Meela is the first AI companion for seniors that does not require devices or hardware and can be accessed with any phone. Meela is a voice companion that supplements human interaction to help seniors feel heard, understood and supported. Select insights from Meela conversations are shared with caregivers to improve the quality of care and optimize for proactive interventions while maintaining privacy sensitivities.

“We’re building Meela to be the trusted companion that every senior deserves, and every caretaker needs,” said Josh Sach, founder and CEO of Meela. “This is more than a company for us at Meela–it’s a mission that we take very seriously as we work toward alleviating a source of tremendous global human suffering.”

Meela reaches seniors through scheduled phone calls—no apps, no devices, just the phone they already use. Each call feels like a familiar check-in: Meela greets the resident by name, recalls details from past conversations, and asks thoughtful, personalized questions based on their interests.

Some questions are designed to evoke joy and memories, like “What song always makes you smile?” Others gently open the door to discuss well-being, such as “How have you been feeling?” If a senior is experiencing any concerns—like ongoing leg pain—Meela flags it for staff through a HIPAA-compliant dashboard and via notification, enabling proactive care in environments where care personnel resources are often stretched thin.

By blending compassionate conversation with clinical insight, Meela helps seniors feel seen while giving care teams the tools to respond early and meaningfully, complementing the care infrastructure that health systems already have in place.

Meela is used by customers including RiverSpring Living which serves over 22,000 people daily across independent living, assisted living, memory care, skilled nursing, rehab, and home care services.

“Meela is transforming how we fight isolation and support emotional well-being,” said David V. Pomeranz, president and CEO of RiverSpring Living. “AI cannot replace human connection, but can be an impactful enhancement to our care teams.”

“Generative AI — and emerging voice technology — is going to have a profound impact on global productivity, but Meela represents an opportunity to build an AI product that solves a global health challenge at the same time,” said Christina Melas-Kyriazi, partner at Bain Capital Ventures. “It’s hard to think of a better mission than to help seniors find comfort and connection as they age, while enabling better care.”

About Meela

Meela is a personalized AI voice companion for seniors. It helps seniors feel heard, understood and supported by providing compassionate conversation. Meela also provides a HIPAA-compliant dashboard for caregivers to receive health alerts and deliver better care. Based in New York, the company partners with long-term care facilities nationwide and is rapidly expanding. To learn more, visit www.meela.ai. Sign a loved one up for Meela today by going to my.meela.ai.

Contacts

Media Contact
Rachel Colson
Bain Capital Ventures
press-BCV@baincapital.com

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, Meela, New York, Venture Capital

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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