Careium
Careium is a Swedish publicly listed telecare company spun off from Doro AB in 2021, providing personal safety alarms, remote monitoring solutions, and welfare technology to municipalities, care organizations, and elderly individuals across 7 European countries.
- Company typePublic
- Founded2021
- HeadquartersKalix, Sweden
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Careium does
Careium AB is a Swedish publicly listed technology-enabled care company (Nasdaq First North Growth Market, ticker CARE) that provides personal safety alarms, telecare solutions, and welfare technology primarily to European municipalities, care organizations, and individual consumers. The company emerged from Doro AB's Caretech division and was spun off via share distribution in December 2021, having historically grown at approximately 21% annually. Careium operates across seven European countries (Sweden, Norway, United Kingdom, Netherlands, Germany, France, Spain) and serves approximately 400,000 individuals, handling roughly 25,000 incoming alarms per day through 24/7 monitoring centers staffed by approximately 600 employees.
The company's technology stack centers on a digital alarm chain comprising personal alarm devices (Eliza, Abby, Careium 450/480 GPS watches), environmental sensors (fall detectors, smoke detectors, motion sensors), the Visit remote monitoring camera, and the i-Care Center cloud-based SaaS platform for alarm management. Notable proprietary technologies include rSIM resilient SIM connectivity and the i-care plus mobile application. The company holds ISO 27001 certification and is GDPR-compliant, providing regulatory credentials essential for European public-sector contracts.
Careium's revenue model combines subscription-based monitoring services (multi-year framework agreements with municipalities and government procurement), hardware sales of personal alarms and accessories, SaaS platform licensing (e.g., i-Care Center to MD Medicus), and professional installation/maintenance services. Distribution occurs through public procurement channels and framework agreements (notably ADDA Sverige), direct sales to municipalities, country-specific websites for individual consumers, a Norwegian webshop, and channel partners such as Europ Assistance. The company is recognized as a market leader in welfare technology in Sweden and Norway and as one of the leading European telecare players alongside Tunstall, Legrand, and Chubb.
Careium firmographics
Firmographics- Name
- Careium
- Legal name
- Careium AB
- Website
- https://careium.com
- Company type
- Public
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Careium is a Swedish publicly listed telecare company spun off from Doro AB in 2021, providing personal safety alarms, remote monitoring solutions, and welfare technology to municipalities, care organizations, and elderly individuals across 7 European countries.
- Ownership category
- akta.pro rank
Careium industry classification
Industry- Product category
- Telecare and Personal Emergency Response Services
- NAICS
- Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Services for the Elderly and Persons with Disabilities (624120)
- SIC
- Electromedical & Electrotherapeutic Apparatus (3845), Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- At-Home Medical Alert Sensors & Smart Home Safety Integrations (HSAHAHAJ)
- akta.pro secondary industries
- Emergency Dispatch, Call Center Monitoring & Response Services (HSAHAHAG), Fall Detection, Safety & Emergency Response (PERS, Smart Home Health Sensors) (HLAHACAG), Home Patient Monitoring & Telehealth Devices (Vitals, Fall Detection, PERS) (HSABAKAE), Elder Care, Wellness & Home Health IoT (Fall Detection, Medical Alerts, Sleep/Wellness Sensors) (HSAPAQAJ)
Keywords
Where Careium is headquartered
LocationHeadquarters
- HQ city
- Kalix
- HQ country
- Sweden
- HQ region
- Europe
Offices4 records
Markets served
Careium business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- Monitoring Services: Recurring monitoring service fees charged to municipalities, care organizations, and individuals for 24/7 alarm monitoring and response services. Revenue is recurring in nature as customers pay ongoing fees for continuous monitoring coverage.
- Hardware Sales: Sale of personal alarms, GPS watches, sensors, and accessories. Products include devices like Careium 450, Careium 480, Eliza, Abby, Visit camera, bed alarms, motion sensors, and smoke detectors. Hardware is sold to municipalities, care organizations, and private individuals.
- SaaS Platform Services: Cloud-based SaaS services like i-Care Center offered to external customers (e.g., MD Medicus as first external customer). Platform licensing and subscription fees for alarm management and monitoring center solutions.
- Professional Services: Installation, configuration, and maintenance services for telecare equipment provided to municipalities and care organizations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise/Government - Municipality and care organization contracts |
| Subscription | Monthly | Private Individuals - Direct consumer sales |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
Careium product offering
Product offeringCore offering
Careium develops, sells, and operates a digital telecare ecosystem comprising personal safety alarms, GPS-enabled mobile devices, remote monitoring cameras, and environmental sensors, connected to its own 24/7 alarm receiving and response centers serving approximately 400,000 users. The company also licenses its cloud-based i-Care Center SaaS platform to external care organizations for alarm management and IoT device monitoring. Customers are primarily municipalities and care organizations procuring through framework agreements, supplemented by direct sales to private individuals across seven European countries.
Product overview
Careium offers a comprehensive telecare ecosystem comprising personal safety alarms, remote monitoring solutions, accessories, monitoring center services, and a mobile app. The core offering includes wrist-worn and GPS-enabled personal alarms (Eliza, Abby, Careium 480/450), a remote monitoring camera system (Visit), and various environmental sensors and detectors. These devices connect to 24/7 monitoring centers for emergency response. The i-care plus app provides mobile access to services, while i-Care Center is a SaaS platform for organizations managing alarms and IoT devices. The portfolio is designed for elderly and vulnerable individuals requiring safety and independence support, with solutions for both home-based and mobile use cases.
Differentiator
Problem solved
Functional benefit
Brands
- i-care® plus: Mobile application for telecare services
- Visit
- Eliza
- Abby
- Careium 450
- Careium 480
- rSIM®
- i-Care Center
- Bed-alarm
- mBox 9200
- Motion 9200
- Vibby OAK S
- i10 Smoke Detector
Products and services
- Eliza Personal Alarm A simple, reliable home safety personal alarm designed for elderly users to call for help within the home. Marketed as future-proofed and easy to use.
- Abby Mobile GPS Personal Alarm A GPS-enabled mobile personal alarm designed for outdoor use and travel, providing location tracking and the ability to alert caregivers or emergency services when away from home.
- Careium 480 GPS Watch GPS watch with position alarm and built-in speaker for two-way communication, allowing caregivers to locate users and communicate directly through the device.
- Careium 450 Watch A wrist-worn watch device with safety features including location tracking and emergency alert capabilities, used for users with conditions such as autism.
- Visit Remote Monitoring Camera A discreet remote monitoring camera that activates only during scheduled checks or emergencies, designed for overnight supervision of elderly or vulnerable individuals without storing images or video.
- 24/7 Monitoring Center Service 24/7 alarm receiving and response centers handling approximately 25,000 incoming alarms daily, coordinating emergency response and caregiver notifications for users of Careium and external platform customers.
- i-Care Center SaaS Platform Cloud-based SaaS platform for alarm management and IoT device monitoring, enabling care organizations to manage connected devices and alarm receiving through a centralized digital system. Offered as a platform service to external customers.
- i-care plus Mobile App Mobile application enabling users to manage their Careium products, view alerts, and access services through a smartphone interface.
- Bed Alarm Bed alarm system for monitoring when a user leaves their bed, triggering alerts if they do not return within a set timeframe.
- Vibby OAK S Fall Detector Fall detector worn on the wrist that automatically calls for help after detecting a fall, suitable for users at risk of falling.
- i10 Smoke Detector Monitored smoke detector designed for elderly individuals living alone, providing fire detection and automatic alerting to monitoring centers.
- mBox 9200 Control Unit and Door Alarm Control unit and door alarm device that serves as the central hub for the alarm system and monitors door activity.
- Motion 9200 Wireless Motion Sensor Wireless motion sensor for detecting movement within the home, used as part of the monitoring ecosystem.
Quantifiable outcome
- Reduced connection time from 90 seconds to 5-10 seconds with digital alarms
- +4 more outcomes
Companies that use Careium
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Careium technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Careium partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and flagship.
- MD MedicuscoreMD Medicus became the first external customer of Careium's i-Care Center SaaS platform, using the cloud-based alarm and IoT service for their telecare operations. This represents Careium's entry into SaaS platform licensing to external customers.
- Europ AssistancecoreEurop Assistance uses Careium mobile safety alarms with GPS for reaching a younger, more mobile customer base. The partnership enables Europ Assistance to offer GPS tracking and direct caregiver alerting capabilities.
- Falkirk CouncilcoreFirst Scottish local authority to implement end-to-end digital telecare with Careium. Replaced 3,335 analog MECS alarm systems with digital safety alarms. Partnership received Gold Level 1 Digital Telecare Implementation Award.
- Gloucestershire CouncilcoreComprehensive contract win for telecare services, representing a significant UK public sector partnership.
- Oslo KommunecoreMulti-year agreement for welfare technology services in Oslo municipality, one of Norway's largest municipalities.
- ADDA SverigeflagshipNational framework agreement within welfare technology, enabling Swedish public sector organizations to procure Careium products and services through established procurement channels.
- Rana KommunecoreNorwegian municipality using Visit remote monitoring cameras to assist home care services. Reduced unnecessary nighttime trips and improved resource allocation while providing end-of-life care monitoring.
- Östersund KommunecoreSwedish municipality implementing GPS watches (Careium 480) for elderly residents. Over 420 users with rapidly growing adoption, enabling safe outdoor activities including international travel.
- Kalmar KommunecoreSwedish municipality adopting digital welfare technology providing users greater control with real-time monitoring capabilities.
- Landskrona KommunecoreSwedish municipality that switched to cloud-based alarm center, redirecting nighttime alerts to Careium's response center and freeing staff for mobile response teams.
Scale indicators6 records
Recent moves8 records
Expansion highlights6 records
Careium competitors and assessment
Company assessmentEmerging players
- VitalConnect: VitalConnect provides wearable biosensor-based remote patient monitoring focused on cardiac and vital-sign monitoring. While more clinical than Careium's PERS offering, it is comparable as an emerging connected-health player expanding into at-home monitoring and adjacent to Careium's device-plus-cloud roadmap.
- Ascom Holding AG: Ascom is a Swiss provider of mobile workflow and patient monitoring solutions for hospitals and long-term care, including nurse call systems and integrated care communications. It is comparable to Careium's i-Care Center vision — connecting alarms, sensors, and care workflows across facilities and home care.
- Doro AB: Doro is Careium's former parent — Careium was spun off from Doro's Caretech division in December 2021. Doro continues to sell easy-to-use mobile phones for seniors with safety features that overlap with Careium's GPS watches and personal alarms, making it a partial overlap rather than a pure competitor.
Direct peers
- Tunstall Healthcare: Tunstall is one of Careium's closest direct competitors — a UK-headquartered, private equity-backed telecare/PERS provider serving municipalities and care organizations across the UK, Nordics, and wider Europe with personal alarms, monitoring centers, and digital alarm platforms.
Regional players
- MobileHelp: MobileHelp is a US-based personal emergency response and mobile PERS provider offering monitored alarms, fall detection, and GPS wearables. It is comparable in product mix to Careium but is primarily a regional player serving North American consumers and payers rather than European municipal buyers.
- Bay Alarm Medical: Bay Alarm Medical is a US PERS and medical alert provider offering in-home and mobile/GPS alarms with 24/7 monitoring. Comparable to Careium on product (personal alarms + monitoring) but operates as a direct-to-consumer regional player in the US rather than a European B2G telecare vendor.
Broad incumbents
- Bosch Healthcare Solutions: Bosch Healthcare is a division of the Bosch Group focused on connected health, telehealth, and patient monitoring including elder-care and care-at-home solutions. As a large industrial incumbent with deep R&D and European scale, it is a relevant comparable for Careium's IoT-enabled personal alarm and monitoring platform strategy.
- Legrand Care (Legrand Healthcare): Legrand is a multi-billion industrial group whose Healthcare/Care division competes with Careium in telecare infrastructure for nursing homes and home care across Europe, offering call systems, wandering detection, and assisted-living solutions as part of a much broader electrical-and-digital-building portfolio.
- Chubb (a UTC/Carrier brand) — Chubb Fire & Security / Chubb Community Care: Chubb is one of the named leading European telecare/medical-alert vendors alongside Careium, Tunstall, and Legrand, providing monitored personal alarms and connected-care solutions typically as part of a broader fire-and-security service portfolio.
Others
- Essity (TENA, smart-care initiatives): Essity is a Nordic hygiene and health company with growing exposure to digital continence care and connected elder-care services. It is an adjacent ecosystem participant — touching the same elderly care buyer (municipalities, care organizations) — but is not a direct PERS competitor; useful as a comp for Nordic care-services scale and cross-sell into the same B2G channel.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Careium social profiles
Digital presenceCareium compliance and trust
Trust signalCompliance2 records
Careium financial estimates
Financial estimateRevenue estimate
Valuation estimate
Careium leadership team
Management profileNumber of profiles
Profiles10 records
Careium subsidiaries and ownership
Company hierarchySubsidiaries1 record
Careium funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Careium 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 Careium
What does Careium do?
Careium develops, sells, and operates a digital telecare ecosystem comprising personal safety alarms, GPS-enabled mobile devices, remote monitoring cameras, and environmental sensors, connected to its own 24/7 alarm receiving and response centers serving approximately 400,000 users. The company also licenses its cloud-based i-Care Center SaaS platform to external care organizations for alarm management and IoT device monitoring. Customers are primarily municipalities and care organizations procuring through framework agreements, supplemented by direct sales to private individuals across seven European countries.
Is Careium a public or private company?
Careium is a public company. It is classified as public and is currently operating.
When was Careium founded?
Careium was founded in 2021. It employs 1,001 to 5,000 people.
Where is Careium based?
Careium is headquartered in Kalix, Sweden, in the Europe region.
How does Careium make money?
Four revenue lines are on record. Monitoring Services are the primary driver. The others are hardware Sales, saaS Platform Services and professional Services.
Who are Careium's main competitors?
Emerging players on record are VitalConnect, Ascom Holding AG and Doro AB. Tunstall Healthcare is listed as a direct peer. Regional players are MobileHelp and Bay Alarm Medical. Broad incumbents are Bosch Healthcare Solutions, Legrand Care (Legrand Healthcare) and Chubb (a UTC/Carrier brand) — Chubb Fire & Security / Chubb Community Care. Essity (TENA, smart-care initiatives) is listed as an others.
Does Careium have an API?
No public API is recorded for Careium.
What industry is Careium in?
Careium's product category is Telecare and Personal Emergency Response Services. Its primary akta.pro industry code is HSAHAHAJ, At-Home Medical Alert Sensors & Smart Home Safety Integrations, with a secondary code of HSAHAHAG, Emergency Dispatch, Call Center Monitoring & Response Services. Its NAICS code is 334510 and its SIC code is 3845.