Rippl, a leading dementia-focused specialty care provider, announced it had acquired Kinto – a Boston-based AI-enabled dementia caregiver support platform. This combination will enable the companies to reach an exponentially larger group of people living with dementia and their caregivers with human-centered care far beyond traditional brick-and-mortar models.
This partnership also brings together Rippl’s proven dementia care model, validated by clinical research including the UCSF Care Ecosystem Study, and Kinto’s evidence-based, AI-enabled dementia caregiver support and education program. Plus, Kinto’s product development has been driven by more than $6 million of state and federal research grants from the National Institutes of Health. This work also includes state-of-the-art Generative AI tools that augment the work of trusted care teams who guide caregivers through their incredibly challenging care journeys.
The whole Kinto team will join Rippl, with Chung as CTO and Head of AI leading the charge as they integrate AI into their systems. The goal is to liberate care navigators and clinicians from their keyboards and allow them to focus on doing what they can uniquely do: guiding and supporting families with specialized support.
These leaders are single-mindedly focused on maximizing their impact on this crisis. And the scale of the problem remains staggering, with nearly 7 million Americans living with Alzheimer’s dementia and 11.5 million caregivers providing unpaid care, a number set to double over the next few years.
KEY QUOTES:
“Joe Chung and his remarkable team at Kinto are deeply committed to helping this unique and undervalued population of dementia caregivers in taking care of their family members while also taking care of themselves. Using Kinto’s advanced AI tools and existing platform, this partnership will help us accelerate our technology capability to give more and better care to both our patients and their caregivers.”
– Kris Engskov, Rippl Co-Founder and CEO
“Kinto was founded to harness technology to dramatically improve the dementia caregiver experience and we have validated that our model can do just that. By partnering with Rippl, we can combine, enhance and scale our solutions to become leaders in virtual dementia care.”
“AI will revolutionize dementia care navigation and caregiver support by vastly expanding access and availability of this critically needed service.”
– Kinto founder and CEO Joe Chung
“The combination of Rippl and Kinto is a classic 1+1=3. Having worked with both Kris and Joe, I know their skill sets are unique and very complimentary. Rippl is now positioned to be the leading player in dementia care with a comprehensive and empathetic model, ethically employing the scaling power of AI.”
– Tracy Chadwell, founding partner at 1843 Capital – who introduced the two CEOs
“I am incredibly excited about this move; Rippl and Kinto have developed highly complementary capabilities. Their shared vision on how to leverage generative AI to supercharge the delivery of better access to higher quality care will be incredibly powerful in advancing dementia care.”
– Rippl Director and investor Holly Maloney, Managing Director at General Catalyst
