Heylo
Heylo is a technology company.
Financial History
Heylo has raised $2.0M across 1 funding round.
Frequently Asked Questions
How much funding has Heylo raised?
Heylo has raised $2.0M in total across 1 funding round.
Heylo is a technology company.
Heylo has raised $2.0M across 1 funding round.
Heylo has raised $2.0M in total across 1 funding round.
Heylo has raised $2.0M in total across 1 funding round.
Heylo's investors include Collab Capital, Greycroft, Hyperplane, Precursor Ventures.
Heylo is a Cincinnati-based technology startup developing a remote support platform for care agencies serving individuals with intellectual and developmental disabilities (I/DD), older adults, and those with mental health needs.[1][2][3] The platform integrates intuitive software, reliable hardware like sensors, health devices, and two-way video to deliver 24/7 monitoring, customizable alerts, real-time dashboards, and proactive incident response, enabling agencies to support more homes with fewer staff while enhancing safety, independence, and efficiency.[1][2][3] It addresses core challenges in the I/DD care system, including staffing shortages, rising costs, audit difficulties, incident risks, inconsistent care, and growing waitlists, with early pilots in Kansas, Pennsylvania, and New York backed by state innovation funding, signaling strong initial growth momentum.[1][2][3]
Heylo emerged from the Vessel Shipyard venture studio, a hands-on incubator within the Vessel venture investment firm focused on early-stage Midwest innovation.[2] While specific founders are not named in available sources, the company was built by an expert team blending design excellence, public systems expertise, and operational know-how from operators rather than just investors.[2] A pivotal moment came in October 2025 with the appointment of Brian Hart—previously of ShiftAbility—as its first CEO, marking a strategic shift toward national scaling of its integrated tech platform amid pressing I/DD care crises like workforce shortages and outdated models.[1][2] Early traction includes state-funded pilots demonstrating cost reductions and expanded support capacity, positioning Heylo as a leader in human-centered remote care.[1][2]
Heylo rides the wave of remote assistive technology and AI-driven care amid a strained I/DD sector facing acute staffing shortages (exacerbated post-pandemic), ballooning costs, and outdated infrastructure.[1][3] Its timing aligns with growing state innovation funding for tech modernization and broader trends in telehealth, predictive analytics, and aging-in-place solutions, positioning it to expand beyond I/DD into elderly care or mental health.[1] Market forces like labor pressures on providers and demand for scalable, cost-effective supports favor Heylo, as it empowers agencies to serve waitlisted individuals while influencing the ecosystem through pilots that prove remote models can maintain care quality.[1][2][3] By partnering with public systems, Heylo accelerates adoption of integrated platforms, potentially reshaping how care providers nationwide leverage tech for equity and efficiency.
Heylo's immediate path involves platform refinement via AI for predictive analytics, anomaly detection, and personalized care, alongside wider U.S. deployments post-pilots.[1] Expansion into adjacent sectors like aging or broader disabilities, plus partnerships with healthcare giants, could drive rapid scaling.[1] Trends in workforce automation, remote health tech, and public funding will propel its growth, evolving Heylo from a Midwest startup to a national standard-setter in dignified, tech-enabled support—ultimately redefining independence for millions in strained care systems.[1][2]
Heylo has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in October 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2022 | $2.0M Seed | Collab Capital, Greycroft, Hyperplane, Precursor Ventures |