The UK’s ageing population is creating both challenges and opportunities across health, housing, and social care. In response, a growing number of businesses are developing innovative technologies designed to support older adults and their carers. Known collectively as agetech, these solutions range from remote health monitoring and telecare systems to simplified digital devices and caregiver support services.
While still a relatively new sector, agetech is gaining momentum as demand for independent living, preventative care, and dignified ageing increases. In this article, we explore the top UK companies shaping the future of ageing through technology.
What is agetech?
Agetech refers to the use of technology, products, and services specifically designed to improve the lives of older adults and those who care for them. It’s a broad sector that sits at the intersection of healthcare, social care, and consumer tech.
Some key areas agetech covers:
Health & wellbeing
Remote patient monitoring, fall detection, medication reminders, telehealth platforms.
Independent living
Smart home devices, mobility aids, simplified smartphones/tablets, home automation to make living at home safer and easier.
Social connection
Tools that reduce loneliness and isolation, such as easy-to-use video calling platforms or digital communities.
Caregiver support
Apps and services that help family or professional carers manage schedules, coordinate tasks, or access advice.
Financial & planning tools
Platforms for managing care funding, legal issues, and long-term planning.
The goal of agetech is to help people age well, independently, and with dignity — often by supporting “ageing in place” (remaining at home rather than moving into institutional care).
The UK’s current agetech landscape at a glance
There are currently 48 active agetech businesses in the UK, and while that number may be small, those companies make up £198m in turnover, with an average annual turnover of £22.0m. Out of those companies, 49% are in the Seed stage, 18% are in the Venture-stage, 9% are in Growth-stage, and 18% are in the Established-stage.
The industry saw a surge in investment in 2023 after two lower years, with £8.86m being invested into agetech companies, over double the previous year (£4.20m). However since then, funding has begun to drop again. Since the beginning of 2025, agetech companies have raised £3.59m across seven funding rounds.




