WalkWise is a technology company.
WalkWise has raised $120K across 1 funding round.
WalkWise has raised $120K in total across 1 funding round.
WalkWise has raised $120K in total across 1 funding round.
WalkWise's investors include Headwater Ventures.
WalkWise is a Fargo, North Dakota-based technology company developing a patented IoT device that attaches to mobility aids like walkers, wheelchairs, and canes to provide remote patient monitoring (RPM) for older adults.[1][2][3][4][5] It serves healthcare providers, senior living organizations, PACE programs, and families by delivering real-time data on usage patterns, inactivity alerts, tipped devices, and health indicators such as infections or injuries, reducing fall rates by 30-40% and enabling timely interventions to preserve independence.[1][2][4][5] With deployments in up to 20 states, two utility patents, and recent $1.2 million funding to expand sales, marketing, supply chain, and analytics, WalkWise demonstrates strong growth momentum in the aging-in-place market.[1][2][3]
WalkWise was founded by Peter Chamberlain, inspired by a personal need to monitor his grandmothers' safety from afar, recognizing they wouldn't wear smartwatches but relied on walkers.[2][5] What started as a simple fitness tracker prototype in MIT's MakerWorkshop in 2016 evolved into a sophisticated RPM solution after Chamberlain took MIT's Nuts and Bolts of Entrepreneurship course and secured seed funding from MIT’s Sandbox Innovation Fund.[5] Early traction came via the 2019 Techstars UnitedHealthcare accelerator, North Dakota Development Fund support for R&D and expansions to canes/wheelchairs, and real-world validation from customers reporting drastic fall reductions and early health detections.[1][2][5] By 2023, it closed a $1.2 million round, scaling from family tool to nationwide adoption amid COVID-driven home care shifts.[1][5]
WalkWise rides the aging population boom and shift to value-based home care, amplified by COVID staffing shortages and insurer incentives to cut high-cost hospital falls (a top Medicare expense).[4][5] Its timing aligns with RPM reimbursement expansions and IoT maturity in healthcare, filling gaps in wearables unsuitable for non-tech-savvy seniors.[1][5] Market forces like rising senior independence demands and data-driven care favor it, influencing the ecosystem by enabling continuum-of-care monitoring—from skilled nursing to home-based PACE—reducing episodes and supporting AI-enhanced predictions.[2][4][5]
WalkWise is poised to expand with wheelchair/cane variants, machine-learning for proactive health suggestions (e.g., intervention recommendations), and deeper insurer integrations amid RTM growth.[5] Trends like AI analytics, cellular IoT ubiquity, and personalized senior tech will accelerate adoption, potentially evolving it into a full predictive platform influencing home care standards. From a family-inspired spark to fall-prevention leader, WalkWise exemplifies how targeted IoT humanizes eldercare, scaling independence nationwide.[1][2][5]
WalkWise has raised $120K across 1 funding round. Most recently, it raised $120K Seed in September 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2019 | $120K Seed | Headwater Ventures |