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High Tech Series B Founded 2014

Neteera

Neteera develops a contactless remote patient monitoring platform that uses high-frequency radar technology to continuously track vital signs without wearables, cameras, or physical contact. The ceiling- or wall-mounted sensor detects subtle skin movements from heartbeat and breathing through clothing and bedding, measuring heart rate, respiratory rate, sleep patterns, motion, position changes, and exit detection.…

📍 Jerusalem, Israel · Wearable Technology,

Funding snapshot

Last roundSeries B
Amount$7M
Date31 October 2023
Total raised$28M
Team size56

About

Neteera develops a contactless remote patient monitoring platform that uses high-frequency radar technology to continuously track vital signs without wearables, cameras, or physical contact. The ceiling- or wall-mounted sensor detects subtle skin movements from heartbeat and breathing through clothing and bedding, measuring heart rate, respiratory rate, sleep patterns, motion, position changes, and exit detection. AI-driven health insights are delivered to a centralized dashboard, enabling early detection of patient decline with up to 89% treat-in-place rates and an average of one day advance notice before deterioration. The system serves health systems, medical groups, payers, post-acute care facilities, senior living communities, and service providers, with over 525 healthcare deployments and 38,975+ devices in use. The company holds FDA 510(k) Class II clearance and ISO/IEC 27001 certification. Founded in 2014 and headquartered in Jerusalem, Israel, Neteera has raised $28.2M in Series B funding from investors including Aescuvest, Foxconn Electronics, and Omega Healthcare Investors.

Business model

Wearable Technology > Health and Wellness Devices > Remote Patient Monitoring,

Healthcare IT > Value Based Care > Remote Monitoring > Hardware > Passively > Physiology > Vitals Monitoring,

Plug and Play Tech Center Batches > Mobility > Batch 2,

MassChallenge Batches > Cohort Information Unavailable

Team background

College Wise > Tel Aviv University

Institutional investors

Aescuvest Foxconn Electronics Omega Healthcare Investors Nanz Esas Ankor Holding WorldQuant Ventures Q Venture Partners Ascend Capital Partners MassChallenge Alabaster

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