Walk Well, Age Well
INVESTMENt
March, 2023
Sector
Med-Tech
FUND
Fund 2
location
Southern California
co-investors
Ubiquity Ventures
Idealab Studios
Idealab X
Ocgrow Ventures
Quintuple aim
Camino Robotics is bringing power, smarts, and great design to the billion-dollar dumb walker market, creating the ‘Tesla of walkers’. They use software-enabled hardware to empower older adults to stay active, healthy, and self-reliant, positioning them at the intersection of the $740B eldercare and $180B digital health markets. Tens of millions of older adults in the US struggle with walking or fear of falling consigning them to a life of insufficient activity, an accelerated decline in health, billions of dollars of healthcare expenses, and untold emotional cost to the victims of immobility and their family members. Camino’s platform combines a smart powered walker with connected services -- a companion app and healthcare provider dashboard – to provide real-world health feedback, emergency alerts, and exercise content.