Award helps teleCalm Solve Everyday Phone Problems for Caregivers and Seniors
teleCalm won a $100,000 award from MassChallenge!
“MassChallenge provided an awesome experience and has already helped us impact more families in need,” says Tavis Schriefer, teleCalm’s Co-Founder and CEO. “This award expands our reach and fuels our passion to deliver dignity to seniors and caregivers and improve their quality of life.”
Aging Population Means Growing Need
There are over 8 million seniors living with dementia today. That number is expected to exceed 10 million by 2025. Unfortunately, this means growing telephone problems from confusion.
For example, inappropriate 911 calls strain EMS resources and cause fines to families. Furthermore, seniors in the US lose $36 Billion each year due to elder fraud. An astonishing 70% of elder fraud involves telephones, and 18% involves a family member or ex-caregiver. This makes seniors with dementia especially vulnerable to financial loss when they have unprotected telephone access.
Before teleCalm, families experienced financial loss or stress from phone problems, and seniors became more isolated after losing the ability to use a phone. teleCalm’s customer data shows that over 62% of attempted senior calls risk phone problems like these.
teleCalm Keeps Seniors Safely Connected to Family and Friends
With teleCalm’s Caregiver service, seniors can continue safely using a phone to stay connected with family and friends.
“teleCalm’s phone service solves telephone problems increasingly faced by caregivers and seniors with dementia. Customers tell us that teleCalm provides life-changing benefits as challenges of dementia surface and progress,” says Schriefer.
Caregivers simply personalize phone service features according to individual needs and disease progression. teleCalm automatically handles the rest. teleCalm phone service works whether the senior lives at home, in assisted living or in a memory care community. Check out customer feedback that shows why caregivers love teleCalm.
About the teleCalm / MassChallenge Experience
MassChallenge nurtures young companies which provide positive social impact, and grants awards to those which are best positioned to thrive. teleCalm will apply this award towards the growing market need and expand its’ service which solves everyday phone problems for those living with Alzheimer’s and other dementias.
During the MassChallenge Texas 2019 program, we met with industry experts on many topics such as marketing and customer service. A steady schedule of presentations reinforced things we already knew and helped us fill gaps. MassChallenge staff and other participants introduced us to industry contacts and potential investors.
The program also included several pitch and review rounds, where judges narrowed the initial list of 689 applicant companies down to 5 companies granted equity-free cash awards.
Learn More about this award at PR Newswire
Click to view the press release.