Updated
Updated · Business Insider · Jul 25
Waterlily Raises $9.2 Million for AI Long-Term Care Planning
Updated
Updated · Business Insider · Jul 25

Waterlily Raises $9.2 Million for AI Long-Term Care Planning

2 articles · Updated · Business Insider · Jul 25

Summary

  • Waterlily has raised $9.2 million since launch to expand an AI platform that helps families predict long-term care needs, estimate costs and map out ways to pay for them.
  • More than half a billion data points power the tool’s personalized projections, which factor in health, finances and family circumstances to suggest insurance, savings and caregiving strategies.
  • CEO Lily Vittayarukskul said the startup grew out of her family’s financial and emotional strain after an aunt’s cancer diagnosis exposed how fragmented long-term care planning can be.
  • The company operates across healthcare, insurance and financial services, reflecting a broader bet that aging-related planning will require tighter coordination between sectors that often work separately.

Insights

As caregiving disproportionately drains women's wealth, how exactly does this AI platform prevent permanent family relationship breakdowns?
Can an AI tool really predict the exact moment your family will face a devastating healthcare crisis?