Key Highlights
- Home Depot Ventures makes a strategic investment in Jukebox Health, a leader in clinically-led home modifications.
- The investment targets addressing the critical need for accessible housing for the aging population, with only 6% of US homes currently designed for safe aging.
- Jukebox Health’s innovative platform connects patients with occupational therapists and contractors, aiming to modify 30 million homes for the aging US population.
Source: PR Newswire
Notable Quote
- “Having the largest brand in home improvement validate our mission speaks to just how important and universal the issue of aging in place has become,” – Romanos Fessas, CEO at Jukebox Health
SoHC's Take
With Home Depot Ventures’ investment, Jukebox Health is set to significantly impact the way we approach aging in place. Their model not only promotes safety and independence for the aging population but also aims to alleviate the financial and logistical pressures on the healthcare system. This partnership could serve as a blueprint for how private investment and innovative technology can work together to solve complex societal challenges, showcasing the importance of accessibility in housing as a cornerstone of healthcare and dignity in aging.
