SI

SilverWave Ventures

VC
Berlin, GermanyWebsite
How to approach: warm intro preferred
Stage

Pre-Seed

Check Size

$500K – $3.5M

Portfolio

6+ companies

Team

3 partners

Investor activity
Last known investment: 2019Investments in last 12 months: 0

Investment Thesis

Investing in AI-powered platforms that enhance senior care and accessibility.

Meet the Team

CW

Cory Wake

Co-Founder

senior housing
capital allocation
asset management
financial analysis
deal execution

Cory is a capital allocator and asset manager who has deployed over $500 million into senior housing. His career began with American Eagle Lifecare Corporation, where he worked directly under the CEO and helped grow the company from five to 17 properties. He is a CFA charter holder and graduated with distinction in Economics from Colorado College.

LM

Lena Meyer

GP

AI
Senior Care
ER

Elan Ruggill

Founding Partner

senior housing
real estate private equity
multifamily properties
real estate investing

Elan is a former Wall Street trader turned real estate private equity founder and executive. He co-founded Watermark Partners, which deployed $70 million of equity and scaled to $200 million in assets under management. He also served as President of American Eagle Lifecare Corporation from 2013 to 2019 and began his career trading interest rate derivatives and other complex securities for HSBC and Prologue Capital.

Industry Focus

Invests In

Healthcare
AI / ML
Other

Portfolio Companies (6)

2019

TH

The Canopy

Assisted Living & Memory Care Community·Assisted Living

"Discovered via firm_website (high confidence)"

This 110-unit assisted living and memory care community was built in 2019 and is located in Portland, Oregon.

2018

WI

Willowbrook Hills

Memory Care & Assisted Living Community·Assisted Living

"Discovered via firm_website (high confidence)"

This 102-unit assisted living and memory care community was built in 2018 and is located in Auburn Hills, Michigan.

2004

TH

The Vista at Hammock Cove

Assisted Living & Memory Care Community·Assisted Living

"Discovered via firm_website (high confidence)"

This 116-unit assisted living and memory care community was built in 2004 and is located in Naples, Florida.

2000

MA

May River Landing

Memory Care, Assisted Living & Independent Living Community·Independent Living

"Discovered via firm_website (high confidence)"

This 129-unit independent living and memory care community was built in 2000 & 2012 and is located in Bluffton, South Carolina.

1997

RO

Royal Estates of Wichita Falls

Independent Living Community·Independent Living

"Discovered via firm_website (high confidence)"

This 141-unit independent living community was built in 1997 and is located in Wichita Falls, Texas.

Other

NE

NextGen Seniors

Elder Care

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