Founder & CEO | Robotics (HealthCare)

# **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.](https://docs.google.com/presentation/d/1dxl88PpSjoSBjW0ULKMfhiK7V0AHoY24g6z1BOlYrnE/edit?slide=id.g3f526014c3a_0_0#slide=id.g3f526014c3a_0_0) 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. The unfair advantage: our partner brings a production robotics stack already live in market with a paying customer — autonomous navigation, docking and fleet software — plus radar and UWB signal-processing IP already built, manufacturing scale to drive unit cost down, and edge compute that lifts the all-important robots-to-operator ratio. The sensing IP and the ROI model are the moat. ## **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 - A…