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Health Care

AceAge: Funding, Investors & Team (Sep 2026)

AceAge is a healthcare technology company, creating intuitive products to ease the aging process and improve health outcomes. AceAge is the company behind the next innovation in healthcare technology. Its upcoming product is a home health appliance designed to help people take their medication properly. Karie is a personal health companion that organizes, schedules, and dispenses pills with easy one-button control. The CEO of AceAge, Spencer Waugh, created Karie to increase the health and safety of medical patients, and as a way to minimize the negative consequences of missed medications or general failure to adhere to medication directions. The success of medicine is dependent on the patient’s compliance with the medical directions that accompany it, making it an integral part of healthcare. The total direct and indirect costs of nonadherence in the US annually is $290 billion. By making daily medicine routines completely automated, Karie removes the chance of human error. Karie uses common multi-dose pouch packaging that can be pre-set by pharmacists. Doses are scheduled, delivered and monitored for the user. Karie is easy to use, enables greater patient autonomy and ensures better healthcare through a highly coordinated program.

www.aceage.com LinkedIn Waterloo, Canada 11-50 employees
Health Care Home Health Care Medical Device
Total raised
$5.0M
Rounds
1
Latest
Undisclosed round
Dec 2020

AceAge has raised $5.0M across 1 funding round on record, the most recent an undisclosed round of $5.0M announced in Dec 2020.

That round is in line with the $4.7M median round size for Health Care companies tracked on FundedIQ over the last two years.

AceAge Company Profile and Key Stats

Total funding raised
$5.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$5.0M in Dec 2020
Employees
11-50
reported band
Headquarters
Waterloo, Canada

Latest funding round on record: Dec 2020.

AceAge Funding Rounds

Date
Round
Amount
Undisclosed round
$5.0M

AceAge Founders and Leadership Team

Name
Role
Contact
Spencer Waugh
CEO
Locked

Contact details for the AceAge team: 1 of 1 has an email address on file.

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AceAge Funding Compared to Other Health Care Startups

Segment
Companies
Median round
3,653
$4.7M
3,081
$2.2M

AceAge's latest round of $5.0M is in line with the median round in Health Care. Medians cover the last 24 months of disclosed rounds.

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AceAge Funding FAQs

What does AceAge do?

AceAge is a healthcare technology company, creating intuitive products to ease the aging process and improve health outcomes. AceAge is the company behind the next innovation in healthcare technology. Its upcoming product is a home health appliance designed to help people take their medication properly. Karie is a personal health companion that organizes, schedules, and dispenses pills with easy one-button control. The CEO of AceAge, Spencer Waugh, created Karie to increase the health and safety of medical patients, and as a way to minimize the negative consequences of missed medications or general failure to adhere to medication directions. The success of medicine is dependent on the patient’s compliance with the medical directions that accompany it, making it an integral part of healthcare. The total direct and indirect costs of nonadherence in the US annually is $290 billion. By making daily medicine routines completely automated, Karie removes the chance of human error. Karie uses common multi-dose pouch packaging that can be pre-set by pharmacists. Doses are scheduled, delivered and monitored for the user. Karie is easy to use, enables greater patient autonomy and ensures better healthcare through a highly coordinated program.

How much funding has AceAge raised?

AceAge has raised $5.0M across 1 round on record. The most recent is an undisclosed round of $5.0M announced in Dec 2020.

When did AceAge last raise funding?

AceAge's most recent funding round on record is an undisclosed round of $5.0M, announced in Dec 2020.

Who is the CEO of AceAge?

Spencer Waugh is listed as CEO at AceAge.

Where is AceAge headquartered?

AceAge is based in Waterloo, Ontario, Canada.

How many employees does AceAge have?

AceAge is in the 11-50 employee band.

How does AceAge's funding compare to other Health Care startups?

AceAge's latest round of $5.0M is in line with the $4.7M median round size for Health Care companies on FundedIQ across 3,653 tracked companies over the last two years.

About FundedIQ's AceAge Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for AceAge is left off this page rather than filled in.

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