AceAge
AceAge builds Karie, a connected home health appliance that automates medication dispensing and adherence tracking for seniors living independently and senior-care operators. It sells hardware plus monthly subscriptions in Canada, Norway, and Europe via direct sales and channel partners including CareRx and Dignio.
- Company typePrivate
- Founded2015
- HeadquartersWaterloo, Canada
- Headcount11–50
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What AceAge does
AceAge is a Canadian healthcare technology company founded in 2015 and headquartered in Burlington/Oakville, Ontario. Its flagship product, Karie, is a connected home health appliance that organizes, schedules, and dispenses pre-packed multi-dose medication pouches via one-button operation, paired with LTE connectivity, a Karie Companion mobile application, and a secure web-based portal for caregiver and clinician monitoring. The device integrates with pharmacist-prepared pouch packaging to enable real-time adherence tracking and automated caregiver notifications when doses are missed or due. The company sells through a hybrid go-to-market: direct consumer and enterprise sales in Canada, complemented by channel/distribution partnerships with CareRx in Canada, Dignio in Norway and the Nordics, and Centric Health in Europe, with reported pilot and commercial deployments in retirement communities, home care operators, and individual senior households. The business model combines one-time hardware sales with monthly recurring subscription fees (minimum one-year term) covering connectivity, scheduling services, and portal access. AceAge has secured multiple granted US patents on medication delivery mechanisms plus international design protections, holds EU MDR compliance for European distribution, and received Ontario Together Fund support in 2022 to scale domestic manufacturing.
AceAge firmographics
Firmographics- Name
- AceAge
- Legal name
- 14190777 Canada Inc.
- Website
- https://aceage.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- AceAge builds Karie, a connected home health appliance that automates medication dispensing and adherence tracking for seniors living independently and senior-care operators. It sells hardware plus monthly subscriptions in Canada, Norway, and Europe via direct sales and channel partners including CareRx and Dignio.
- Ownership category
- akta.pro rank
AceAge industry classification
Industry- Product category
- Medication Management Devices
- NAICS
- Services for the Elderly and Persons with Disabilities (624120), Small Electrical Appliance Manufacturing (33521), Continuing Care Retirement Communities (623311)
- SIC
- Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- Remote Adherence Monitoring & Smart Dispenser Services (HSABALAI)
- akta.pro secondary industries
- Smart Home & Assistive Technology Installation for Aging-in-Place (HSABAJAI), Remote Patient Monitoring (RPM) Platforms & Services (HLACAPAA), Geriatric, Frailty & Fall-Prevention Remote Monitoring (HLALAFAI)
Keywords
Where AceAge is headquartered
LocationHeadquarters
- HQ city
- Waterloo
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
AceAge business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Hardware Sales: One-time purchase of Karie medication dispensing device. Prices are based on minimum one-year service subscription. Individual customers purchase via Purchase Agreement with pricing in local currency.
- Subscription Services: Monthly subscription fees for ongoing services including automatic scheduling, reminders, notifications to caregivers, LTE connectivity, and portal access. Minimum one-year term with automatic month-to-month renewal thereafter. Pricing is based on assumption of one-year subscription.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Individual/Home Use |
| Subscription | Monthly | Residential Facility / Home Care Operator |
| Other | Multi-year contract | Quote-Based Pricing |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels7 records
AceAge product offering
Product offeringCore offering
AceAge manufactures and sells Karie, a smart home health appliance that organizes, schedules, and dispenses medication using pharmacist-prepared pouches and one-button technology. The offering is an integrated ecosystem comprising the Karie hardware device, a companion mobile app, a web-based caregiver portal, and an ongoing dose scheduling and adherence monitoring service targeted at seniors taking multiple medications and the retirement communities/home care operators who serve them.
Product overview
AceAge offers a unified product ecosystem centered on Karie, a smart pill dispenser that serves as a home health appliance for medication management. The portfolio consists of the Karie device itself (the core hardware product), the Karie Companion Mobile Application (iOS/Android app for users and caregivers), the Karie Portal (web-based administration for care facilities), and the associated dose scheduling service. The products work together: Karie organizes and dispenses medication, while the companion app and portal enable monitoring and communication between users, caregivers, and healthcare providers.
Differentiator
Problem solved
Functional benefit
Brands
- Karie: Smart pill companion device that organizes, schedules, and delivers medication to ensure proper adherence, particularly for seniors taking multiple medications
Products and services
- Karie A home health appliance and personal healthcare companion that organizes, schedules, and dispenses pills with one-button technology using pharmacist-prepared pouch packaging. Targets elderly patients living alone who take multiple medications, as well as retirement communities and home care operators deploying it at scale.
- Karie Companion Mobile Application Mobile app companion to the Karie device that delivers notifications on dose adherence, device/cartridge status, medication schedules, and provides ability to contact users. Available on App Store and Google Play; requires the Karie device to activate services.
- Karie Portal Secure web-based device administration portal enabling remote monitoring and communications for caregivers and healthcare providers. Portal users can view product users' names, locations and medication schedules, deliver content, and view responses.
- Dose Scheduling Service Subscription-based automatic scheduling and reminders service delivered through the Karie device. Notifies caregivers when doses are due or missed and supports LTE-enabled real-time monitoring and backup-battery-continued delivery during power outages.
Quantifiable outcome
- 300% increase in medication adherence
- +3 more outcomes
Companies that use AceAge
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
AceAge technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature6 records
AceAge partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and major.
- Dignio AScoreDignio, Norway's leading provider of digital remote care, integrated AceAge's Karie smart pill dispenser into the Dignio Connected Care solution. This integration allows Dignio to provide secure medication delivery that seamlessly connects healthcare professionals with patients. Over 200 Karie dispensers have been deployed in Norwegian homes with plans to expand to other Nordic countries including Iceland.
- CareRx CorporationcoreCareRx, Canada's leading pharmacy services provider to seniors, has a distribution and supply agreement with AceAge for Karie. CareRx also made an investment in AceAge and owns approximately 11% of the company. The partnership includes a successful pilot with Seasons Retirement Communities demonstrating 97% medication compliance.
- Seasons Retirement CommunitiesmajorSeasons Retirement Communities conducted a three-month pilot study with AceAge and CareRx involving 24 independent residents at three Ontario locations. The pilot demonstrated 97% medication compliance. Seasons intends to expand Karie to all their retirement communities across Ontario and Alberta.
- Centric HealthmajorCentric Health announced European distribution agreement for Karie device. Strategic partnership to expand AceAge's presence in European markets.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
AceAge competitors and assessment
Company assessmentDirect peers
- Hero Health: Hero sells a connected at-home pill dispenser and medication management app targeted at seniors and their caregivers. It competes head-to-head with Karie on the same primary use case of automated in-home medication dispensing for independent seniors.
- MedMinder: MedMinder offers a smart pillbox system with scheduled dispensing, reminders, and caregiver notifications, primarily serving seniors and healthcare organizations. The product and target customer profile directly mirror Karie, making it one of the closest direct competitors.
- AdhereTech: AdhereTech builds smart connected pill bottles and adherence platforms used by pharma manufacturers and health systems. It overlaps with Karie on connected medication adherence monitoring for patients, though it emphasizes pharma/clinical trials alongside patient use.
- Vaica: Vaica provides medication adherence hardware and software solutions including smart dispensers and reminders, with a focus on aging and chronic care populations. It competes with Karie in similar care settings and patient demographics.
- Dose Health: Dose Health offers smart pill dispensers and reminder systems for patients managing multiple medications. The product is comparable in functionality to Karie, targeting seniors and chronically ill patients needing automated adherence support.
- TabSafe: TabSafe provides a multi-dose automated medication dispenser used primarily in senior living and home care settings. It targets similar operator and caregiver customers as Karie with comparable scheduled dispensing functionality.
Broad incumbents
- Philips Medication Dispensing Service: Philips offers the Medication Dispensing Service as part of its broader connected health and aging-in-place portfolio. It is a broad incumbent in senior care technology, competing with Karie through established healthcare relationships and brand recognition.
- CareZone (Walmart): CareZone, now part of Walmart, offered medication management and adherence tools including reminders and scanning for caregivers and seniors. As an incumbent platform with broader retail reach, it represents an indirect competitor in the senior medication management category.
Emerging players
- Tricella: Tricella markets smart pill box solutions with caregiver notifications and adherence tracking. It addresses the same in-home medication management use case as Karie, generally as a smaller emerging player.
- Pillo Health: Pillo Health developed an AI-enabled home medication management companion for seniors. It overlaps with Karie in in-home dispensing and voice/companion features for older adults, although it has historically focused more on a consumer health companion angle.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
AceAge social profiles
Digital presenceAceAge compliance and trust
Trust signalCompliance3 records
AceAge financial estimates
Financial estimateRevenue estimate
Valuation estimate
AceAge leadership team
Management profileNumber of profiles
Profiles4 records
AceAge funding detail
Funding detailFunding overview
Funding rounds5 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AceAge M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AceAge
What does AceAge do?
AceAge manufactures and sells Karie, a smart home health appliance that organizes, schedules, and dispenses medication using pharmacist-prepared pouches and one-button technology. The offering is an integrated ecosystem comprising the Karie hardware device, a companion mobile app, a web-based caregiver portal, and an ongoing dose scheduling and adherence monitoring service targeted at seniors taking multiple medications and the retirement communities/home care operators who serve them.
Is AceAge a public or private company?
AceAge is a private company. It is classified as venture growth investor backed and is currently operating.
When was AceAge founded?
AceAge was founded in 2015. It employs 11 to 50 people.
Where is AceAge based?
AceAge is headquartered in Waterloo, Canada, in the North America region.
How does AceAge make money?
Two revenue lines are on record. Hardware Sales are the primary driver. The others are subscription Services.
Who are AceAge's main competitors?
Direct peers on record are Hero Health, MedMinder, AdhereTech, Vaica, Dose Health and TabSafe. Broad incumbents are Philips Medication Dispensing Service and CareZone (Walmart). Emerging players are Tricella and Pillo Health.
Does AceAge have an API?
No public API is recorded for AceAge.
What industry is AceAge in?
AceAge's product category is Medication Management Devices. Its primary akta.pro industry code is HSABALAI, Remote Adherence Monitoring & Smart Dispenser Services, with a secondary code of HSABAJAI, Smart Home & Assistive Technology Installation for Aging-in-Place. Its NAICS code is 624120 and its SIC code is 3841.