Photo - Bobe Ltd.
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Bobe Ltd.

Digital platform for senior living communities

Israel
Market: Internet and IT
Stage of the project: Prototype or product is ready

Date of last change: 21.04.2020
Min investment
$  50.000
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Total required
$ 1.000.000
Rating
equalizer из 1000
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Idea

Bobe is a community engagement platform that redefines a resident’s lifestyle in senior living communities.
We digitized and simplified all the services residents, staff members and families need on a daily basis such as maintenance, dining, activities, communication and more.
With Bobe, you can make it easier for your residents in their day to day operations, engage families, and increase staff efficiency and save your organization time and money.

Current Status

Product is ready and installed on first pilot customer.
Ready to scale to additional clients.

Market

Independent living & Assisted living facilities.
The total potential market size in U.S, Europe, Japan, and Israel is 100,000 communities.
85% available market.
With 10% market share we can reach about 8,500 communities giving the fact that there is an annual growth of 4-5%.

Problem or Opportunity

1. Limited communication between staff, residents and families within senior living communities.
2. Social isolation of resident in senior housing
3. The direct and deadly contact between residents and staff is the number one factor in Covid-19 mortalities
4. The two main expenses in senior livings are labor and food.
Staff inefficiency cost lots of money due to wasted time spent by staff members on filling paper work, and lack of ability to prepare, plan and monitor services such as dining room, maintenance, activities and more.

Solution (product or service)

Bobe is a web platform, that connects between residents, staff and families in order to:
1. reduce social isolation
2. engage families
3. increase staff efficiency
4. save your organisation time and money

Competitors

Caremerge
Touchtown
Cubigo

Advantages or differentiators

We are investing a lot of focus on the social and mental aspect.

We have big plans to continue to address the dining room management problem in the most sophisticate manner that will enable the organizations to plan & prepare accordingly in order to save time and money.

Business model

SaaS - B2B - monthly price

Money will be spent on

60% - R&D
30% - Sales and marketing
10% - General administrations

Team or Management

Risks

Technology usage among elders is our main challenge.
We are investing a lot of effort in planning our user interface so it will be suited for the elderly people.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video