When was Aloe Care founded?

Aloe Care was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is Aloe Care located?

Aloe Care is headquartered in New York City, United States.

How many employees does Aloe Care have?

As of May 31, 2026, the latest employee count at Aloe Care is 37.

Is Aloe Care a funded company?

Aloe Care is a funded company, having raised a total of $12.1M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Apr 08, 2020.

When was the latest funding round of Aloe Care?

Aloe Care's latest funding was a $***** Series A round on Apr 20, 2021, with participation from 4 investors.

Where does Aloe Care rank among its competitors?

Aloe Care ranks 4th amongst 552 active competitors, of which 83 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Wandercraft, which secured $75M in Jun, 2025.

Who are the top competitors of Aloe Care?

Aloe Care's top competitors include Ekso Bionics, Wandercraft and SafelyYou. Among them, Wandercraft secured the most recent funding round in June, 2025.

Aloe Care - 2026 Company Profile, Team, Funding & Competitors

Aloe Care is an acquired company based in New York City (United States), founded in 2017 by Evan Schwartz, Ray Spoljaric and Lasse Hamre. It operates as a Provider of medical alert systems featuring voice activation and sensors. Aloe Care has raised $12.1M in funding from investors like Drumbeat Ventures, City Light Capital and Laerdal Million Lives Fund. The company has 552 active competitors, including 83 funded and 29 that have exited. Its top competitors include companies like Ekso Bionics, Wandercraft and SafelyYou.

Company Details

Provider of medical alert systems featuring voice activation and sensors. These devices monitor home environments for motion, temperature, and air quality while facilitating communication between individuals and emergency response teams. The hardware includes wearable buttons and mobile units equipped with fall detection technology. Caregivers access updates and connectivity through a mobile application. The system functions without requiring local internet connectivity by utilizing cellular networks for emergency calls and status alerts.

Website: www.aloecare.com/
Social
Email ID: *****@getaloecare.com
Phone Number: +1 **********

Key Metrics

Founded Year

2017

Location

New York City, United States

Stage

Acquired

Total Funding

$12.1M in 2 rounds

Latest Funding Round

Series A, Apr 20, 2021, $*****

Investors

Drumbeat Ventures & 8 more

Ranked

4^th among 552 active competitors

Employee Count

37 as on May 31, 2026

Similar Companies

SafelyYou & 719 more

Exit Details

Acquired by Arlo (Apr 16, 2026)

View Aloe Care's full profile

Aloe Care is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Aloe Care Health, Inc. CIN: 5181692 , United States, Active	Aug 04, 2017	-	-	-

Aloe Care got acquired by Arlo on Apr 16, 2026.

Click here to take a look at Aloe Care's acquisition in detail

Aloe Care has raised a total funding of $12.1M over 2 rounds. Its first funding round was on Apr 08, 2020. Its latest funding round was a Series A round on Apr 20, 2021 for $*****. 4 investors participated in its latest round. Aloe Care has 9 institutional investors.

Here is the list of recent funding rounds of Aloe Care:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 20, 2021	5412421	Series A	7842186	7123832	1510225	9259330
Apr 08, 2020	4413074	Series A	4430984	4577625	4631611	3461966

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View details of Aloe Care's funding rounds and investors

The founders of Aloe Care are Evan Schwartz, Ray Spoljaric and Lasse Hamre. Matthew McRae is the CEO of Aloe Care.

Here are the details of Aloe Care's key team members:

Evan Schwartz: Former Co-Founder of Aloe Care and founder of 2 other companies, Thumbplay and ActionX.
Ray Spoljaric: Former Co-Founder of Aloe Care.
Lasse Hamre: Former Co-Founder of Aloe Care.
Matthew McRae: CEO of Aloe Care.

View details of Aloe Care's Founder profiles and Board Members

Aloe Care's employee count trend

Aloe Care has 37 employees as of May 26. Here is Aloe Care's employee count trend over the years:

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Top competitors of Aloe Care include Ekso Bionics, Wandercraft and SafelyYou. Here is the list of Top 10 competitors of Aloe Care, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ekso Bionics 2005, San Rafael (United States), Public	Developer of exoskeletons for rehabilitation and personal mobility assistance	$24.4M	Saints Capital, Western Technology Investment ... & 14 others	70/100
2nd	Wandercraft 2012, Paris (France), Series D	Provider of AI-powered exoskeleton solutions	$142M	Quadrant, Bpifrance & 21 others	66/100
3rd	SafelyYou 2014, San Francisco (United States), Series C	Provider of AI-based solutions for senior care and fall management	$102M	7percent Ventures, Touring Capital & 20 others	65/100
4th	Aloe Care 2017, New York City (United States), Acquired	Provider of medical alert systems featuring voice activation and sensors	$12.1M	Redwood Partners, City Light Capital & 7 others	61/100
5th	Flosonics Medical 2015, Greater Sudbury (Canada), Series C	Developer of non-invasive hemodynamic monitoring devices	$39M	iGan Partners, New Leaf Venture Partners ... & 14 others	58/100
6th	Lively 1996, San Diego (United States), Series C	Provider of non-wearable devices and mobile app for monitoring elders	$75.3M	Sumitomo Bank Venture Fund, Nauta Capital ... & 4 others	57/100
7th	Integrity Tracking 2006, Boca Raton (United States), Acquired	Medical alert systems and fall detection for seniors' safety	$5.6M	Stonehenge Growth Equity Partners, Falcon Investment Advisors ... & 2 others	57/100
8th	CarePredict 2013, Lauderdale (United States), Series A	AI-based preventive senior care platform	$42.1M	Las Olas, Secocha Ventures & 11 others	56/100
9th	Eversound 2015, Boston (United States), Acquired	Provider of wireless headphone system designed for senior citizens with hearing loss	$13M	Hudson River Capital Partners, Red Bear Angels ... & 4 others	55/100
10th	Aerial 2015, Montreal (Canada), Seed	AI-powered WiFi motion intelligence solutions for elder care, smart homes, and security applications	$6.78M	Intel Capital, Yaletown & 13 others	54/100