Skip to content
Founders Factory

Founder & CEO | Robotics (HealthCare)

New York; Chicago; Austin; HoustonHybrid · United States
FullTime · New York Studio
POSTED 16 JUL
Apply Ask
Role
121 days opentrue age
Posted 16 Jul
Payats field
$6,675 / monthposted
▼ −19% vs market median $99k
$60k$162k
Market p25–p75
$60k–$162k
New York · n=4127 · 365d to 12 Nov
CompanyFounders Factory →
19open roles
Opened · 30d
+1
Closed · 30d
−2
8d of snapshots · 30d window
Market
403,087open · Other
Opened · 7d
+47,31312% of open
All other
603,002open
All tracked boards · live 15 Nov · n=403,087

Founder & CEO — NightWatch

One robot. One floor. One job. The automation layer for US senior living

Location: United States

Start date: ASAP

More about the concept here.

Founders Factory builds and funds startups together with exceptional entrepreneurs and the world's leading companies. Created by IPO-exited founders, we offer founders capital, operational support from a team of hands-on experts, and unrivalled access to a coalition of industry-leading corporate partners. Since 2015, Founders Factory's 450+ portfolio companies have secured 500+ pilots and commercial contracts with our partners.

Our Studio partners with entrepreneurs at day one, developing new ideas, technologies and business models into high-growth companies. In partnership with a leading global industrial technology partner, we are building a new portfolio of ventures.

About the Venture

America's ~1,900 continuing-care retirement communities (CCRCs) are the only elder-care buyers whose model rewards keeping residents healthier for longer: residents join at 75–80, pay a large entry fee (avg. ~$402k) plus $12–30k a month, and the community carries the lifetime cost of care. These campuses staff their night shifts at roughly twice the regulatory minimum — comfort-driven cover that can't simply be cut — and once holidays, sickness and cover are loaded, each night position carries ~$160k of true annual cost. Worse, the status quo causes the harm it exists to prevent: around 80% of falls happen in the window right after a nurse's check wakes the resident. Existing tech — pull cords, wearables, fixed sensors — is safety kit that never changes the staffing model.

We are building NightWatch: a mobile UWB-radar robot that patrols the corridor at night, senses through doors and walls, and reports movement as fact — in bed, out of bed, in the bathroom, on the floor — never as clinical judgement. Data is monitored remotely, and staff are alerted only when a physical check is warranted. No cameras. No wearables. No per-room installation. Sold as robot-as-a-service, it delivers a two-to-three-month payback and is the easiest pilot in the category to say yes to: zero capex, zero installation, nothing entering residents' rooms, and fully reversible.

Our Offer

We don't just fund ideas — we co-build them. Join as Founder & CEO and get access to a full-stack venture studio offering designed to give you the best possible start:

The programme runs in two phases:

Months 0–6 (Build)

$128k ring-fenced build budget to cover founder stipends and additional specialist resource at the founders' discretion

Founder stipends are $6,675 per founder per month, drawn from this budget

Embedded studio team throughout: a full time venture builder, with support from a broader team consisting of a studio lead and growth marketer. Founders build; the Studio supports.

On-demand access to specialist support across data science, applied AI, fundraising, legal, finance, PR and commercial partnerships

Dedicated network access from day one

Months 6–12 (Accelerator / Spinout)

At incorporation, the founding team will receive 70% equity in a new company set up for the venture, and the Studio 15%, both subscribed at nominal value. The remaining 15% is reserved as an employee option pool.

$320k cash investment goes directly into the new venture's bank account at IC approval - full founder discretion over how funds are deployed

Accelerator support: a dedicated squad covering growth, product and fundraising, plus continued access to shared services

Jobs to be Done

As Founder & CEO, you will be responsible for turning a strong thesis into a scaled, defensible business.

Define the wedge. Choose the operator profile and the 3-state cluster (consistent regulation) where you run concurrent pilots first.

Turn a thesis into a product. Work with our partner's robotics teams to take the night-patrol robot and its remote-monitoring layer from concept to a fleet operators can run.

Win the first pilots. Land 2–3 CCRC / senior-living operators and prove FTE substitution through the pilot sequence — service level held with one less night headcount.

Source · Founders FactoryFirst seen 4 NovOriginal ↗