TSOLife, the leading resident insight and experience platform for senior living operators, has completed a $43 million Series B funding round to further revolutionize senior living. The round, led by PeakSpan Capital, elevates the company’s total funding to $52 million since 2022. The company plans to use this growth capital to deepen its mission of delivering data-driven and AI-powered operational improvements in senior living communities.
“We have proven our ability to strengthen the social drivers of health — connection, purpose, and engagement — to meaningfully improve quality of life and extend residents’ length of stay by more than six weeks,” said David Sawyer, founder and CEO of TSOLife. “This funding round will accelerate our capabilities to embed personalized, resident-first support into the everyday interactions, processes, and decisions that shape community life.”
In the last three years, TSOLife has gathered crucial social and quality of life data for over 125,000 residents, strengthening partnerships with top industry operators including Benchmark Senior Living, Brookdale Senior Living, Sagora Senior Living, Priority Life Care, Senior Resource Group, Vitality Senior Living, and Commonwealth Senior Living.
Justin Kelly, Vice President at PeakSpan Capital, shared his enthusiasm for the partnership: ”Since meeting David and the TSOLife team last year, PeakSpan built conviction in their ability to enable senior living operators to improve operations across a variety of departments, starting with AI-powered resident insight and engagement. We’ve seen TSOLife enjoy tremendous growth and successfully partner with leading operators because of this strong focus on the collection, analysis, and application of rich data in the senior living context, which demonstrably enhances resident quality of life and day-to-day experience for seniors while also measurably improving key revenue and cost metrics for operators. We see an incredible future for the senior living industry as enabled by data and AI tools, and are energized to support TSOLife to make that future a reality.”
With this new capital, TSOLife will expedite product development, enhance its AI capabilities, and increase customer support to reshape senior living operations and communities. As TSOLife continues its growth journey, it remains dedicated to being the next generation leader in senior living technology, enabling operators to create enriched, engaging environments for their residents.
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