TSOLife, the leading resident insight and experience platform for senior living operators, has completed a $43 million Series B funding round to further revolutionize senior living. The round, led by PeakSpan Capital, elevates the company’s total funding to $52 million since 2022. The company plans to use this growth capital to deepen its mission of delivering data-driven and AI-powered operational improvements in senior living communities.
TSOLife's platform breaks traditional barriers in senior living, merging its unique AI-driven technology and data to optimize community operations and measurably elevate the quality of life for residents. Its software platform enables senior living communities to gather and utilize person-centered data, creating actionable insights that support real-time decision-making for enhanced resident engagement and better social well-being.
"We have proven our ability to strengthen the social drivers of health — connection, purpose, and engagement — to meaningfully improve quality of life and extend residents’ length of stay by more than six weeks," said David Sawyer, founder and CEO of TSOLife. "This funding round will accelerate our capabilities to embed personalized, resident-first support into the everyday interactions, processes, and decisions that shape community life."
TSOLife has developed Minerva, the first-of-its-kind intelligence platform leveraging AI to seamlessly transform resident interviews into structured, actionable data. This comprehensive data engine supports staff with over 300 data points per resident, revolutionizing the way staff manage their daily operations and resident interactions – a 650% improvement over traditional interview methods. Through these capabilities, TSOLife’s platform delivers deeply personalized resident engagement, operational insights, and sales enablement features, including customizable inclusivity calendars, digital signage, resident and family apps, satisfaction surveys, and real-time analytics that inspire smarter decisions and help communities highlight their unique differentiators to prospects. By centering on the preferences of residents, this immersive approach also empowers tech-savvy older adults to take an active role in shaping their well-being, while welcoming family members as engaged partners in their journey.
In the last three years, TSOLife has gathered crucial social and quality of life data for over 125,000 residents, strengthening partnerships with top industry operators including Benchmark Senior Living, Brookdale Senior Living, Sagora Senior Living, Priority Life Care, Senior Resource Group, Vitality Senior Living, and Commonwealth Senior Living.
"This investment is a strategic catalyst for TSOLife’s next phase of growth,” said Sawyer. “It enables us to scale our reach, forge deeper partnerships with leading operators, and deliver the infrastructure needed to operationalize personalization at every level. Senior living communities already know what exceptional, high-touch service looks like. We’re giving them the tools to deliver it consistently, efficiently, and with measurable impact."
Justin Kelly, Vice President at PeakSpan Capital, shared his enthusiasm for the partnership: ”Since meeting David and the TSOLife team last year, PeakSpan built conviction in their ability to enable senior living operators to improve operations across a variety of departments, starting with AI-powered resident insight and engagement. We’ve seen TSOLife enjoy tremendous growth and successfully partner with leading operators because of this strong focus on the collection, analysis, and application of rich data in the senior living context, which demonstrably enhances resident quality of life and day-to-day experience for seniors while also measurably improving key revenue and cost metrics for operators. We see an incredible future for the senior living industry as enabled by data and AI tools, and are energized to support TSOLife to make that future a reality.”
With this new capital, TSOLife will expedite product development, enhance its AI capabilities, and increase customer support to reshape senior living operations and communities. As TSOLife continues its growth journey, it remains dedicated to being the next generation leader in senior living technology, enabling operators to create enriched, engaging environments for their residents.
ABOUT TSOLIFE
Founded in 2014, TSOLife is a resident insight and experience platform, designed to empower senior living operators with actionable insights that facilitate real-time data-driven decisions. Fueled by artificial intelligence (AI), our platform simplifies data creation through embedded analytics, offering customers person-centered data that leads to measurable enhancements in residents' quality of life, transformative outcomes for staff, and a complete redefinition of senior living operations. For more information, visit www.tsolife.com.
ABOUT PEAKSPAN CAPITAL
PeakSpan Capital is a growth equity firm based in New York City and San Mateo. Having partnered with over 50 high-growth software businesses and with $1.7B+ in AUM, PeakSpan's mission is to be the partner of choice for growth-stage entrepreneurial teams who are building amazing software targeted at business buyers of all sizes. PeakSpan combines deep domain expertise within a select number of themes with a proprietary technology platform providing visibility into company and market performance to help disruptive entrepreneurs drive resilient, risk-adjusted value creation.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250507033767/en/
"We have proven our ability to strengthen the social drivers of health — connection, purpose, and engagement — to meaningfully improve quality of life and extend residents’ length of stay by more than six weeks," said David Sawyer, founder & CEO of TSOLife
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