Lilli raises £8.2m in Series A funding led by West Hill Capital to scale its lifestyle monitoring technology.
The oversubscribed round will fund commercial expansion and the development of new artificial intelligence capabilities.
Lilli provides proactive lifestyle monitoring technology for the health and social care sector, using sensors and analytics to support independent living. The platform equips care providers and families with real-time insights to identify health changes early.
Lifestyle monitoring technology company Lilli has secured £8.2m in Series A financing to support its commercial scale-up. The oversubscribed round was led by West Hill Capital, marking their second consecutive backing of the firm following a previous raise in March 2021.
The capital will be directed towards expanding public and private sector operations, enhancing artificial intelligence reporting capabilities, and launching a dedicated application for friends and family members. Lilli's software aims to shift care models from reactive intervention to proactive monitoring by tracking daily patterns in the home.
Demand for the platform has grown as local authorities face severe budgetary and resource pressures. Evidence from council deployments indicates significant cost savings and reduced hospital admissions, underpinning strong investor confidence during the latest raise.
From the founder
"The sector is in a well-documented state of crisis, and we have empirically proved how we can alleviate pressures of diminishing budgets, resources and even bankruptcy that local governments are facing. This success and evidence is what has delivered investor confidence and powered this oversubscription."
Gren Paull
Chief Executive Officer at Lilli
Investor perspective
"West Hill is delighted to have led the second consecutive oversubscribed funding round for Lilli since 2021, which shows continued and growing interest in the company in today’s market. The business is on an exciting growth trajectory and winning numerous contracts in quick succession."
Mark Hickson
Managing Partner, West Hill Capital
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Categories
About the company
Lilli
Lilli provides proactive lifestyle monitoring technology to support independent living in the health and care sector.