eLab Highlight: eLab Alumn Eversound Raises $5 Million
Eversound, a social engagement technology company and class of 2013 eLab alumn founded by Jake Reisch (’15), Devin Jameson (’16), and Matt Reiners, has raised $5 million in Series A financing. Eversound is making a difference in the lives of senior adults by delivering accessible activities to over 500 senior living communities in the United States through its engagement amplifier technology that removes communication barriers.
The company strives to empower residents in senior communities who are affected by hearing deficiencies. Upon implementing Eversound’s technology, it was proven that 18% less residents fell asleep during group programs and engagement had increased by 28% at LCB Senior Living. The company projects that its technology will be implemented in about 1,000 senior living communities by the end of 2019 and is looking forward to continuing positively impacting these residents with its experienced team of new investors.