Healthcare, North America

elovee

Healthcare, North America

Healthcare

elovee

Elovee uses AI and conversation software to create realistic digital versions of loved ones for dementia patients to interact with.

elovee

Helping seniors think, feel, and function at their best

Elovee is a health technology company developing the first virtual-care brain health platform for seniors living with cognitive decline including Alzheimer’s disease and related dementias. It combines expert coaching with an innovative, AI-enabled voice platform to deliver evidence-based, non-drug interventions addressing the behavioral, cognitive, and emotional needs of seniors.

The elovee platform also provides support for families and caregivers on the front lines of delivering care. With a rapidly aging global population, the company seeks to improve the quality of life, reduce the burden, and lower the cost of care for all stakeholders impacted by age-related cognitive decline.

BCG Digital Ventures Role

After two hack-a-future sprints that included senior leaders from operations, along with senior leaders from the corporate partner’s sales and strategy team, around 10 venture concepts were pitched, with the strongest moving into incubation and then validation, followed by innovation sprints to refine each proposal. The final choice was considered one of the more daring ideas to emerge, but thanks to Koru’s and OTPP’s boundary-pushing thought leadership and appetite for reinvention, the corporate partner went out of its comfort zone and invested in elovee.