careangel, care, miami, fl (usa)

3
Introducing Care Angel (“Care Angel” or the “Company”) and ANGEL, the world’s first Artificially Intelligent Caregiver. ANGEL is an award winning, patent-pending A.I. Powered Caregiving Assistant that is pioneering the Science of Artificially Intelligent Caregiving. She keeps family connected, improves outcomes, and lowers costs while improving quality of life. ANGEL empowers aging-in-place seniors to live healthier, safer and more independently, while greatly augmenting the caregiver’s capabilities to beer care for our loved ones and for payers, employers and health systems to care for the sickest & costliest populations. ANGEL uses AI-Powered Telemonitoring. She simply calls on a regular phone and the “2 minute Care Call” needs no smart phone, hardware or soſtware required. She asks personalized questions and translates answers to predictive analytics, wellbeing reports and alerts on the Care Angel caregiver app and dashboards. The Problem Aging and caregiving places a heavy emotional, physical and financial burden on caregivers and families, and contributes to hundreds of billions of dollars in avoidable costs for employers, payers and healthcare systems. According to the National Center on Caregiving (Caregiver.org), 2/3 of the $3 Trillion in healthcare costs go to baling chronic conditions, mostly for America’s elderly. Over 60M seniors in the US & Canada need care (+100M BY 2050) posing a significant challenge to the less than 70M inexperienced volunteer caregivers. Seniors are a challenging population to extract data from and have a technology aversion: only 18% older Americans own a smartphone (Pew, 2015). Nearly 79M Americans have chronic conditions which need monitoring: families need help caring for their loved ones. However, the usual options are costly, technical and difficult for seniors to use. (NOTE: all statistics sources are on page 3 of this document) Families, payers and employers around the world are facing this crisis as well. Approximately 39% of adults in the US provide $450 Billion yearly in unpaid caregiving for a loved one averaging more than 22 hours per week. Between 40-70% of caregivers state they experience high levels of stress, depression, declining health, or are financially burdened and their work is impacted by caregiving. This places a heavy emotional, physical and economic burden on caregivers, families and $100’s of billions in avoidable losses by employers and payers. Families lose nearly $3 Trillion in lost wages, benefits, and pension losses due to caregiving. This results in a failed self-care support system for seniors to manage their own health, and to provide accurate, relevant, real-time insights to their caregivers. The ultimate consequence for this broken process is poorer outcomes for all stakeholders: Seniors – poorer health outcomes, depression, loneliness, hospitalizations Caregivers – more stress, poorer health, missed work, financial hardship Payer/Employers– Higher healthcare costs, lost productivity, sicker employees Health Systems/Providers- Higher costs, penalties, inefficient care/monitoring alerting • Real time alerts • Catch issues early • Group messaging prevention • Stop issues escalating • Reduce ER visits • Improved wellbeing awareness • Missed taking medications • Missed adherence to managing health • Missed check-insGroup messaging connected • 1 click circle of care • Voice dialling • Live Care Concierge The Solution A 2 MINUTE PHONE CALL EACH DAY FROM ANGEL In less time than it takes to brush your teeth, ANGEL’s VIP Care Service conducts regular Care Calls to your aging loved one(s), the sick, disabled or those with chronic conditions. With a high-touch, yet low-tech approach, loved ones can receive care in any language from anywhere by landline or cell phone to help them be safe. ANGEL’s engaging and empathetic approach helps seniors beer self-manage their chronic conditions. It also gives them instant VIP access to eldercare guidance that enables seniors to maintain a healthier, safer and more connected lifestyle. ANGEL asks simple questions in a conversational manner to gather information about physical and emotional well- being measures that includes medication adherence and overall vitals. The answers collected during the Care Calls are converted to simple Dashboard Notifications, Alerts, Care Insights & Reports on the Caregiver APP. If answers indicate something isn’t right, ANGEL instantly notifies the circle of care and helps take action fast to prevent minor incidents from escalating. “Artificially Intelligent Caregiving isn’t replacing the “personal” call or in-person approach – rather, we have enhanced it.” “ANGEL” = (A)utomated i(N)telligent monitorin(G) car(E)giving p(L)atform industry Healthcare founded 2014 type Corporation target markets B2B2C Focus, At Risk - Payers, Health Systems, Self Insured Employers Value Add Organizations- Senior/ Boomer Support/ Products/Services capital raised to date $3.2M raised from founders/F&F (current cash is $1.8M) investment sought $1M Venture Debt Financing (2Q16) contacts Paul Enderle* Managing Director BayCross Capital Group +1 (617) 291-7028 [email protected] Wolf Shlagman Chief Executive Angel CareAngel, Inc. +1 (305) 613–3849 [email protected] Features * Registered Representative, Securities conducted through StillPoint Capital LLC, Member FINRA/ SIPC, Tampa, FL. StillPoint is not affiliated with BayCross or CareAngel. This is not an offer to sell or a solicitation of any offer to buy any securities. A 2 MINUTE CARE CALL A DAY KEEPS THE DOCTOR AWAY MEET ANGEL The World’s First A.I. Powered Caregiving Assistant

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Page 1: CareAngel, Care, Miami, FL (USA)

Introducing Care Angel (“Care Angel” or the “Company”) and ANGEL, the world’s first Artificially Intelligent Caregiver. ANGEL is an award winning, patent-pending A.I. Powered Caregiving Assistant that is pioneering the Science of Artificially Intelligent Caregiving. She keeps family connected, improves outcomes, and lowers costs while improving quality of life. ANGEL empowers aging-in-place seniors to live healthier, safer and more independently, while greatly augmenting the caregiver’s capabilities to better care for our loved ones and for payers, employers and health systems to care for the sickest & costliest populations.

ANGEL uses AI-Powered Telemonitoring. She simply calls on a regular phone and the “2 minute Care Call” needs no smart phone, hardware or software required. She asks personalized questions and translates answers to predictive analytics, wellbeing reports and alerts on the Care Angel caregiver app and dashboards.

The Problem

Aging and caregiving places a heavy emotional, physical and financial burden on caregivers and families, and contributes to hundreds of billions of dollars in avoidable costs for employers, payers and healthcare systems.

According to the National Center on Caregiving (Caregiver.org), 2/3 of the $3 Trillion in healthcare costs go to battling chronic conditions, mostly for America’s elderly. Over 60M seniors in the US & Canada need care (+100M BY 2050) posing a significant challenge to the less than 70M inexperienced volunteer caregivers. Seniors are a challenging population to extract data from and have a technology aversion: only 18% older Americans own a smartphone (Pew, 2015). Nearly 79M Americans have chronic conditions which need monitoring: families need help caring for their loved ones. However, the usual options are costly, technical and difficult for seniors to use. (NOTE: all statistics sources are on page 3 of this document)

Families, payers and employers around the world are facing this crisis as well. Approximately 39% of adults in the US provide $450 Billion yearly in unpaid caregiving for a loved one averaging more than 22 hours per week. Between 40-70% of caregivers state they experience high levels of stress, depression, declining health, or are financially burdened and their work is impacted by caregiving. This places a heavy emotional, physical and economic burden on caregivers, families and $100’s of billions in avoidable losses by employers and payers. Families lose nearly $3 Trillion in lost wages, benefits, and pension losses due to caregiving.

This results in a failed self-care support system for seniors to manage their own health, and to provide accurate, relevant, real-time insights to their caregivers. The ultimate consequence for this broken process is poorer outcomes for all stakeholders:

• Seniors – poorer health outcomes, depression, loneliness, hospitalizations

• Caregivers – more stress, poorer health, missed work, financial hardship

• Payer/Employers– Higher healthcare costs, lost productivity, sicker employees

• Health Systems/Providers- Higher costs, penalties, inefficient care/monitoring

alerting• Real time alerts• Catch issues early• Group messaging

prevention• Stop issues escalating• Reduce ER visits• Improved wellbeing

awareness• Missed taking medications• Missed adherence to managing health• Missed check-insGroup messaging

connected• 1 click circle of care• Voice dialling• Live Care Concierge

The Solution

A 2 MINUTE PHONE CALL EACH DAY FROM ANGEL

In less time than it takes to brush your teeth, ANGEL’s VIP Care Service conducts regular Care Calls to your aging loved one(s), the sick, disabled or those with chronic conditions. With a high-touch, yet low-tech approach, loved ones can receive care in any language from anywhere by landline or cell phone to help them be safe.

ANGEL’s engaging and empathetic approach helps seniors better self-manage their chronic conditions. It also gives them instant VIP access to eldercare guidance that enables seniors to maintain a healthier, safer and more connected lifestyle. ANGEL asks simple questions in a conversational manner to gather information about physical and emotional well- being measures that includes medication adherence and overall vitals. The answers collected during the Care Calls are converted to simple Dashboard Notifications, Alerts, Care Insights & Reports on the Caregiver APP. If answers indicate something isn’t right, ANGEL instantly notifies the circle of care and helps take action fast to prevent minor incidents from escalating.

“Artificially Intelligent Caregiving isn’t replacing the “personal” call or in-person approach – rather, we have enhanced it.”

“ANGEL” = (A)utomated i(N)telligent monitorin(G) car(E)giving p(L)atform

industry Healthcarefounded 2014type Corporationtarget markets B2B2C Focus, At Risk - Payers, Health Systems, Self Insured EmployersValue Add Organizations- Senior/Boomer Support/ Products/Servicescapital raised to date $3.2M raised from founders/F&F(current cash is $1.8M)investment sought $1M Venture Debt Financing (2Q16)

contacts Paul Enderle*Managing DirectorBayCross Capital Group+1 (617) 291-7028 [email protected]

Wolf ShlagmanChief Executive AngelCareAngel, Inc. +1 (305) 613–[email protected]

Features

* Registered Representative, Securities conducted through StillPoint Capital LLC, Member FINRA/SIPC, Tampa, FL. StillPoint is not affiliated with BayCross or CareAngel. This is not an offer to sell or a solicitation of any offer to buy any securities.

A 2 MINUTE CARE CALL A DAY KEEPS THE DOCTOR AWAY

MEET ANGELThe World’s First A.I. Powered Caregiving Assistant

Page 2: CareAngel, Care, Miami, FL (USA)

Investment Highlightsdisruptive, potentially game-changing solution for seniors, caregivers and payers/ employers Unique, effective platform for improving health outcomes for Seniors and easing time, cost, and stress of caregiving for Caregivers, employers, payers, providers and all other stakeholders.

an exploding market – most costly to society There are almost 50M Seniors in the US alone. This number is expected to grow to nearly 90M by 2050; the US Caregiver market is currently approximately 70 M, providing nearly $0.5 Trillion in unpaid caregiving. Seniors worldwide will number 1.5 billion by 2050.

visionary leadership team Accomplished, passionate team led by the founders Wolf Shlagman (Chief Angel/CEO) and Jason Hendeles (Chief Guardian Angel), Dr. Linda Rhodes (Chief Caregiving Angel/Officer)

solid revenue growth model Care Angel’s revenue model is conservatively based solely on modest subscribers freemium conversion to an enhanced paid service at $10/month, plus enterprise versions with licensing structures and advertising ion the free version .

defensible ip Patent pending technology for Systems & Methods for Remote & Automated Caregiving with integrated solutions that include Artificial Intelligence, telephony, Voice recognition, etc.

Key Management

wolf shlagman, founder and chief angel, ceo Creative Technologist & Serial Entrepreneur, Founder Consult A Doctor 2007 (sold to Kleiner Perkins Caufield and Byers portfolio company Teladoc in Q4 2013)

jason hendeles, founder and chief guardian angel ICANN Lobbyist & DNS Pioneer, Founder International Foundation for Online Responsibility, Former Director O&Y Properties (sold to Brascan)

dr. linda rhodes, chief caregiving officer Former Secretary of Aging for State of PA, Director Hirtzel Institute on Health Education and Aging, Author of Idiots Guide to Caregiving, Caring for Aging Parents

Key Advisors

mary furlong, ed.d Foremost thought leader in American elderly care, CEO, MFA- clients include AARP, United Healthcare, Founder/CEO Senior Net, Founder/CEO Third Age, Author- ‘Turning Silver into Gold: How to Profit in the New Boomer Marketplace.’

sherri snelling CEO /Founder of Caregiving Club and author of ‘A Cast of Caregivers,’ a nationally recognized expert on family caregiving. Former Chairman of the National Alliance for Caregiving- Leading agency in DC

laurie orlov Founder- Aging in Place, Technology Watch, 30 year technology veteran and considered one of the top industry analyst, Renowned thought leader in senior care, Forrester Research

elena lipson Principal Mosaic Growth Partners, former AARP Dir of Business Development (2013-2015)- Led BD efforts for health for ASI’s licensing program, including 2015 strategy & new business model creation; focused on healthy living, digital health & caregiving for the 50+ demographic. Deloitte Consulting- 2008-2103, including serving as the Military Health System Strategic Relationship Manager.

who to care for record greeting and go!answer simple basic health info - conditions, medications, etc.

MEET ANGELThe World’s First A.I. Powered Caregiving Assistant

Page 3: CareAngel, Care, Miami, FL (USA)

Business Model Care Angel is a freemium model, it offers its VIP Care Service for free, and its VIP Care +Plus for a per user per month subscription as its main revenues in addition to licensing of data, custom applications, offering a Care Marketplace with sponsorships, premium listings, transactional fees & advertising. CareAngel is in negotiations with payers, providers, & senior organizations, including a major contract to offer CareAngel in Canada in a partnership with CARP (Canadian Association Of Retired Persons), Canada’s version of AARP. Users will increase usage as they upgrade to VIP Care +Plus ($10/month), a more robust, feature rich paid version of the VIP Care service (Free). Current survey of caregivers (Q4/2015) indicates over 45% of caregivers willing to pay $39/month or more & 72% will pay $19/month for the VIP Care +Plus service.

“Care Angel has pioneered Artificially Intelligent Caregiving, a new category of Caregiving that transforms the old ways into a more connected, mindful, caregiving experience.”

http://www.cdc.gov/chronicdisease/overview/http://www.caregiver.org/http://www.caregiving.org/wp-content/uploads/2011/06/mmi-caregiving-costs-working-caregivers.pdfhttp://www.aoa.acl.gov/Aging_Statistics/index.aspx

http://www.usatoday.com/story/money/2015/07/16/study-caregivers-provide-470-billion-unpaid/30196423/https://caregiver.org/selected-long-term-care-statisticshttp://www.pewinternet.org/2014/04/03/older-adults-and-technology-use/

Pro Forma Financial Projections

Care Recipient Check-In Calls

Caregiver Care Angel App/Dashboard/Reports

# of Care Recipients

Monitor Wellbeing

Monitor Vitals

Monitor Medications

Notifications via App or Email (Plus SMS & Calls)

Care Questions - Customize Check-In Questions

Voice Dialing (Care Circle/Primary Caregiver)

Care Nurse - One Click Nurse Service

Care Messages - Timely Care Messages Delivered

Notifications via App or Email

Care Doctor - One Click Doctor Service

Care Guide, Care Market, Care Now, Care Hub

Care Concierge (Care Angel Live)

1 Care Recipient

1 Care Recipient

ULIMITEDENTERPRISE

—Payers

Health Systems

Home Care

Post Discharge

Population Management

Home Care

CUSTOMIZATION

Questions, Messaging, Instructions, Reminders, Condition and Procedure

Specific

current features

phase i phase ii phase iii

coming soon

free

vip care$10/month

vip care plus vip care pro

sources for statistics cited in this document

Year 1 Year 2 Year 3 Year 4

MEET ANGELThe World’s First A.I. Powered Caregiving Assistant