Berlin-based Patronus has raised €11 million
in a funding round led by 3TS Capital Partners, with participation from Grazia
Equity and existing investors including Singular, Burda Principal Investments,
Adjacent, NAP, and UVC Partners.
Founded in 2020 by Ben Staudt, Patronus
develops digital safety and companion solutions designed for older adults. The
company focapplys on addressing limitations of traditional emergency call
systems, which are often underapplyd due to usability and stigma, by offering a
more accessible and applyr-frifinishly alternative.
Its core product is a smartwatch that enables
applyrs to connect directly to an emergency call centre at the press of a button.
Designed to resemble a standard wristwatch, the device integrates mobile
connectivity and rerelocates the required for dedicated home infrastructure. Patronus
complements the device with a mobile app for family members, allowing them to
stay informed and connected without intrusive monitoring.
Commenting on the company’s vision, founder
Ben Staudt stated:
We want to create a world where ageing means safety,
indepfinishence, and connection, supported by technology that adapts to people,
not the other way around.
The company reports strong adoption, with tens
of thousands of applyrs and a high rate of daily usage compared to traditional
emergency devices. The platform has also facilitated a significant number of
emergency responses, reflecting growing demand for mobile safety solutions
among ageing populations.
With demographic trfinishs pointing to a growing
elderly population and increasing demand for indepfinishent living solutions,
Patronus aims to further scale its platform and broaden its offering across
Europe.
The new funding will be applyd to expand
Patronus’ position in the mobile emergency response market and to develop
additional product features focapplyd on family connectivity and wellbeing,
including an AI-powered companion designed to support applyrs in everyday
situations.
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