Waterlily, which uses AI to predict long-term care (LTC) needs up to decades before they happen, announced the closing of a $7 Million Seed round led by John Kim, founding partner of Brewer Lane Ventures.

The company also secured strategic investments from Genworth, Nationwide, and Edward Jones. In addition, Waterlily welcomed participation from key industry leaders including Tim Kneeland (former CEO of GE Insurance & Transamerica LTC), and others. Waterlily previously raised a $2.2M Pre-Seed round with notable investors including Scott Barclay (Managing Director of Healthcare at Insight Partners.)