Inspiren, which sells sensors and AI software that monitor residents in senior living communities, raised $70m in a Series C round announced on 10 September 2026. NewView Capital led the round, with participation from Insight Partners, Primary Venture Partners, Scale Venture Partners, Vintage Investment Partners, Lightbank, Avenir Growth Capital, Story Ventures and Camber Creek.
The company said the round valued it at more than $500m. Law firm Orrick, which advised Inspiren on the deal, put the valuation at $550m. The new money brings Inspiren's total funding to $225m, which the company said was the most raised by any technology company built specifically for senior living.
Inspiren said it would use the funds to expand its sales and marketing, keep developing its hardware and extend its AI platform.
“A decade from now, no one will accept that a resident's needs could go unknown behind a closed door. We are already making that unthinkable in the communities we serve, and this funding puts it within reach for many more.”Michael Wang, Founder and Chief Clinical Officer, Inspiren
What Inspiren does
Inspiren was founded in 2016 by Michael Wang, a former Green Beret and cardiothoracic nurse who is now its chief clinical officer. Alex Hejnosz is chief executive. The company describes its product as a unified system for senior living that combines ambient sensing in residents' rooms with resident and community data, so care teams can respond to emergencies as they happen and to the smaller changes that can come before one.
Its features include behavioural and emergency alerts, fall detection, an emergency call system and reports on how care time is used. The month before the round, it added two-way voice and alert-claiming features to its call system, which tell staff in the first seconds of a call what is happening and who is responding.
Inspiren said its system is used in communities owned by more than 80% of the largest senior housing investors, including AEW and Sabra Healthcare REIT, and by operators such as Arrow Senior Living, Ascent Living Communities, Heritage Communities, Thrive Senior Living and Wellpointe. It did not disclose revenue or headcount.
Results the company reports
In its release, Inspiren cited figures reported by communities using its system. It said residents who opted in stayed 34% longer and had a 22% lower fall rate. It also pointed to a 10-month study at Lumina Las Vegas that showed 48% fewer falls, 54% fewer hospitalisations and staff response times that were 50% faster. These figures come from the company and its customers and have not been independently verified.
The company said the population aged 85 and over is the fastest-growing age group in North America, and that new residents are arriving with more complex clinical needs while senior living staff are already stretched. Nick Bunick, a partner at NewView Capital, said few technologies improve both clinical outcomes and the finances of a community at the same time.
The funding so far
HLTH reported that Inspiren completed a $35m Series A in early 2025 and raised a $100m Series B later that year. Together with the new round, those figures account for $205m of the $225m total; the company has not itemised the rest. Wang told Senior Housing News there was no fixed timeline for spending the new money and that the company was working through a product roadmap covering both hardware and software, including deeper links with major electronic health record systems.
Company website: inspiren.com