Tech Accessibility Startup K4Connect Raises $7.7M to Close $21M Funding Round - Voicebot.ai

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According to Population Census 2011 there are nearly 104 million elderly persons (aged 60 years or above) in India; 53 million females and 51 million males. A report released by the United Nations Population Fund and HelpAge India suggests that the number of elderly persons is expected to grow to 173 million by 2026. So, there is a huge market for startups to find solutions targeted at senior citizens and other differently abled persons.

Tech solutions for seniors and those with disabilities developer K4Connect has closed a $21 million Series B funding round after new investor Forté Ventures contributed $7.7 million.

The Raleigh-based startup K4Connect offers tools for making technology more accessible to those who might have difficulties with standard systems, such as older people and those with impaired senses and movement. K4Community provides customized features depending on the needs of the client. For instance, K4Community might support voice, video, and text messaging networks for residents, share news and informational updates, run smart home devices, or interact directly with residents to play games or answer questions.

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Tech Accessibility Startup K4Connect Raises $7.7M to Close $21M Funding Round - Voicebot.ai

Tech solutions for seniors and those with disabilities developer K4Connect has closed a $21 million Series B funding round after new investor Forte Ventures contributed $7.7 million. The startup plans to use the funds for designing and distributing its technology, a need heightened by the current COVID-19 health crisis.