Business
EVA Live Targets the $1.3 Trillion Senior Care Industry Through Strategic Partnership with Spiro Senior
EVA Live Targets the $1.3 Trillion Senior Care Industry Through Strategic Partnership with Spiro Senior
About this update from Eva Live Inc.
[{"type":"text","content":"Los Angeles, CA, May 27, 2026 (GLOBE NEWSWIRE) -- EVA Live Inc. today announced the execution of a Letter of Intent of Intent, (LOI), with Dermatech Mobile Care, DBA Spiro Senior Care, outlining a strategic partnership with EVA Live offering a 25% equity ownership position in the Spiro Senior venture. The potential partnership positions the companies to capitalize on one of the fastest-growing sectors in healthcare by delivering advanced AI-driven technology and integrated medical infrastructure to the senior living industry. As part of the proposed agreement, EVA Live will invest up to $20 million in cash, assets and resources into the Spiro platform to accelerate expansion, technology deployment, and nationwide growth initiatives focused on transforming senior healthcare delivery. The partnership is designed to address one of the industry’s largest and most urgent problems — the lack of scalable technology, AI integration, and coordinated healthcare systems across senior living communities nationwide. “We sought out Eva to lead the way in making Spiro Senior the leader in senior care. There are many players in the AI space, Spiro chose Eva because of its proprietary code base and expertise in creating applications,” stated Chis Fox CEO of Spiro Senior. The U.S. senior medical, wellness, and long-term care industry is experiencing unprecedented growth driven by the aging baby boomer population and rising demand for proactive healthcare solutions. More than 10,000 Americans turn 65 every day, and by 2040 over 80 million Americans are expected to be over the age of 65. The global geriatric care services market was valued at approximately $1.07 trillion in 2023 and is projected to grow to nearly $1.65 trillion by 2030, while the broader long-term care market is expected to expand from approximately $1.11 trillion in 2023 to $1.74 trillion by 2030. Grand View Research Eva and Spiro, in conjunction with Meridian Senior Living, a long-established and respected senior housing operator with communities across multiple states, providing immediate operational scale and industry expertise as the Spiro platform begins deployment. Spiro is currently launching its first four senior healthcare facilities, representing the initial phase of a broader expansion strategy. “We are excited to work with Spiro Senior and EVA Live to enhance the resid...