MemoryWell will use this funding to scale its platform and to continue to build its predictive social determinants of health AI rating system.

Boston-based Argon Ventures is leading the round, which was oversubscribed. Also participating in the round are notable social impact funds, strategic health care investors, and experienced backers focused on the applied use of deep-tech solutions. They include Bob Davoli from Gutbrain Ventures; PBJ Capital and Andy Palmer from Koa Lab; Inflect Health; Pixel Perfect Ventures; One Planet VC and Innovations for Impact.

MemoryWell is a digital data platform that promotes person-centered care through life storytelling. The company was founded by a national correspondent for TIME Magazine, who wrote down her father's story when he entered assisted living. Their national network of freelance professional writers puts the person in person-centered care.