4 years ago

GetSetup Raises $10 Million to Expand Senior Education Platform

  • GetSetup, a digital hub for seniors with hundreds of class offerings, has raised $10 million in Series A funding led by Cowboy Ventures and LightShed Ventures

  • The startup, which launched one month before the U.S

  • went on pandemic lockdown, has amassed 4 million users, 80% of whom are women over the age of 60

  • GetSetup is also announcing a new partnership with healthcare firm Tivity Health that will make GetSetup free for 18 million Americans who are enrolled in more than 70 eligible Medicare health insurance plans

  • The company has also signed deals with senior living communities and the healthcare programs of several U.S

  • states—including Michigan’s Medicaid program and New York’s Department of Aging—and countries.

      • ProblemHealthcare

      "Seniors often lack engaging online spaces to connect with peers, learn new skills, and maintain social interaction, leading to feelings of isolation and potential health issues."

      Solution

      "GetSetup is a digital hub providing seniors with a variety of online classes, fostering social interaction and combating loneliness. It partners with healthcare providers to offer these services, promoting seniors' well-being and reducing healthcare costs associated with social isolation."

      Covered on