Intuition Robotics
About
About Intuition Robotics
Intuition Robotics develops ElliQ, a tabletop AI companion for older adults living independently. The device combines a moving display unit, voice interaction, lights, sound and body language to initiate conversations and respond in a socially expressive way.
ElliQ supports wellness goals, exercise and relaxation routines, cognitive games, entertainment, reminders and communication with family members. A companion application lets approved relatives participate in the user's support network, while cloud services personalise future interactions from preferences and engagement history. The product is deployed in homes and through ageing-services programmes, with subscription services providing ongoing content and software updates.
Products
Deployments
- Operating use
2024-09-19 - NYSOFA reported that approximately 900 ElliQ units were being made available to older adults through New York’s aging-services network. - statewide programme - New York aging-services network
Source
Funding
- 2023-08-29 - Financing first close - $25M - Intuition Robotics secures $25 million first close
Intuition Robotics secured a $25 million first close comprising $20 million in venture equity and $5 million in venture debt to scale ElliQ. - source: prnewswire.com
Investors
- OurCrowd - Participant - Unknown - 1 funding event - first seen 2023-08-29
- Toyota Ventures - Participant - Corporate / CVC - 1 funding event - strategic/corporate - first seen 2023-08-29
- Western Technology Investment - Participant - Unknown - 1 funding event - first seen 2023-08-29
- Woven Capital - Participant - VC - 1 funding event - first seen 2023-08-29
Timeline
Events
- 2024-09-19 - Deployment - Intuition Robotics ElliQ programme reaches approximately 900 New York units
After two years, 93% of participants reported ElliQ was useful and reduced loneliness, while 95% reported improved wellness. Users interacted with ElliQ more than 30 times per day on six days each week in the programme’s 2023 engagement data. More than 75% of recorded interactions related to participants’ social, physical or mental well-being.
Source - 2023-08-29 - Funding - Intuition Robotics secures $25 million first close
Woven Capital led the financing. Toyota Ventures, OurCrowd and Western Technology Investment participated. The company linked the capital to commercial growth and continued development of its AI companion for older adults.
Source