St. Petersburg, FL: Seedfunders CEO David Chitester and partner Irv Cohen announced today the company agreed to invest $150,000 in TSOLife, a local technology start up. Focused on the thriving senior care industry, TSOLife enters a market sector anticipated to reach nearly $450 billion in 2018.
TSOLife (The Story of Life) is revolutionizing how seniors memorialize their lives, by giving them control of the process. Through TSOLife’s interactive platform, clients create their personal legacy documentary by sharing stories, videos, photos and memories which are securely preserved for future generations.
David Chitester, Seedfunders CEO stated “We are excited to lead this seed round for TSOLife as they finalize their B2B platform and launch into the growing senior living facility market. I look forward to joining the board with other leading investors to provide the guidance and mentoring that startups like TSOLife require to make it through the early stages and reach profitability.”
TSOLife is a member of the Tampa Bay Wave Network, an entrepreneurial hub for local tech startups to build, launch, and grow. Tampa Bay Wave Accelerator Director Rich Heruska said “David Chitester has been a consistent and committed investor in early-stage tech companies in Tampa Bay for many years. With Seedfunders leading this seed round for TSOLife, one of our growing health-tech companies, we see an example of David’s confidence in our growing tech community. TSOLife has successfully completed the Tampa Bay Wave Investor Readiness Program which has eased the due diligence workload for Seedfunders. We congratulate David, Seedfunders, and TSOLife on this collaboration and we are grateful to have David as an active member of the Tampa Bay Wave investor network”
When we spoke with TSOLife founder David Sawyer he stated, “it’s been a challenging journey, but we’ve been incredibly blessed to have such an amazing team every step of the way. They say that entrepreneurship isn’t a solo sport, and I’ve been lucky to be surrounded by talented team members who stand behind our mission. The company is grateful to have David Chitester and Seedfunders to come in on this round. Their sizable investment will allow us to grow the company and execute effectively. Their willingness to invest in early-stage companies is vital to the Tampa Bay startup ecosystem in order to spur innovation and entrepreneurship.”