Lola Cares, a pioneering health tech company based in Liverpool, United Kingdom, has recently secured £250,000 in funding from SFC Capital to tackle issues of loneliness and isolation in the social care sector. The company has developed a unique digital assistant, named Lola, which aims to help individuals facing challenges such as dementia, autism, and acquired brain injuries, by providing companionship and connecting them with their loved ones and carers.
The World Health Organisation has highlighted the detrimental health effects of loneliness, equating it to smoking 15 cigarettes a day.
Adam Galloway, CEO of Leaf AI Ltd, the company behind Lola Cares, emphasizes the importance of addressing social isolation through innovative solutions. The funding will enable Lola Cares to enhance its conversational AI capabilities and expand its reach in the care sector, ultimately improving the well-being of those in care.
In addition to combating loneliness, Lola Cares aims to streamline patient communication, reduce administrative tasks, and enhance the overall quality of care in the social care sector. The team envisions leveraging automated therapeutic interventions, such as reminiscence therapy and reality orientation, to support individuals dealing with conditions like dementia, autism, anxiety, and acquired brain injuries. With the backing of investors like SFC Capital, Lola Cares is poised to make a meaningful impact on the social care industry and transform the care experience for older adults.
Click here for a full list of 6,062+ startup investors in the UK