GSD Venture Studios is thrilled to announce that Boca Capital Group has invested in our portfolio company Zemplee. Zemplee is using AI to revolutionize the assisted living industry through a sensor-based system that can intelligently distinguish between normal, routine behavior and distress scenarios and keep family members notified. Boca Capital Group recognizes the life-changing applications of this technology and has chosen to support it significantly.
“This is a huge milestone for Zemplee and GSD," said GSD Venture Studios CEO and Co-founder Gary Fowler. The Zemplee brand has realized remarkable growth in just a few short months with GSD and recently celebrated 100 installations. Boca Capital Group, a premier private equity firm, correctly saw the impact Zemplee will make on the market in the future and pounced on an opportunity to get in on the ground floor.
"We are so excited to celebrate this milestone and could not be more thankful to Gary and Derek for helping us achieve it," said Zemplee CEO and Founder Aparna Pujar. "Under their guidance our team has been working tirelessly to make improvements to the product and to position our brand to succeed in the market. This is only the beginning of our growth together."
"Gary and Derek have a unique ability to identify companies with incredible promise," said President and CEO of Boca Capital William Hurley. "As soon as they told us about what Zemplee is doing in the elder care market we knew it was a no brainer for us to support their mission. Zemplee and GSD are building something great, and we're excited to be part of it."
GSD Venture Studios travels the world inviting resilient teams to establish partnerships that ensure organizations grow the right way, without games or gimmicks. Unlike traditional investors, GSD executives take senior operational (often co-founder) roles in these companies, capitalizing on their trusted reputation, experiences and network to drive explosive growth.