Somatix

Remote Patient-monitoring Software Solution

Health Tech & Life Sciences
Active
Mature Ra'anana Founded 2015
Total raised
$13.7M
Last: Convertible Debt 2019-12
Stage
Mature
Founded
2015
Headcount
25
HQ
Ra'anana
Sector
Health Tech & Life Sciences

About

Somatix is the developer of a wearable-enabled remote patient-monitoring (RPM) software platform for healthcare providers. The companys solution uses patented gesture-detection technology and machine learning algorithms to analyze users gesture data in real time. The companys algorithms generate insights about potential adverse events by remotely and passively monitoring physical and emotional indicators such as activity levels, sleep quality, poor medical compliance, falls, dehydration, irregularities, and more. This data empowers healthcare providers with valuable clinical insights, helping them maintain continuous contact with and improve the well-being of those under their care. Somatix currently works with elder care facilities across the care continuum, including independent living, assisted living, sub-acute short-term care, and nursing homes, as well as hospitals (for use with discharged patients) and substance abuse rehabilitation centers.

Funding history · 3 rounds · $13.7M total

2019-12
Convertible Debt $4.5M
2017-04
Series A $6.0M
2015-04
Seed $1.5M

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesDigital HealthcarePatient Remote Monitoring
Technologies
Artificial IntelligenceMachine LearningData StorageCloudPlatforms & InterfacesSoftwareMobileCommunicationsIOT
Target customers
Healthcare & Life SciencesHealthcareProvidersConsumersDemographics & FamilySeniors
Business model
B2B

Highlights

1 PatentsVerified

Tags

wearablegesture-recognitionbehavior-analyticsremote-monitoringmhealthdigital-healthcareiotdata-analyticsadherencemachine-learningpatient-engagementhealthcare-providersseniorsartificial-intelligencebig-datacloud-basedactionable-insightspredictive-analyticsreal-timesaasmobile-applicationsdecision-supporthome-carehospitalsrehabilitationwearable