Company Overview
Snapshot
Founded in October 2020 by Daniel Adler, Boaz Vaizler, and Guy Vinograd, BioT operates with 11–50 employees. The company has raised $8.76 million across four funding rounds from three investors. In November 2023, BioT Medical was recognized as the 2023 AWS Rising Star Partner of the Year.
Business overview
BioT provides a Platform-as-a-Service (PaaS) solution designed to alleviate the regulatory burden for HealthTech developers, enabling them to concentrate on medical AI innovation. The company's core technology facilitates the delivery of HealthTech solutions through NoCode/LowCode platforms. BioT serves medical device companies, from large enterprises to startups, supporting over 100,000 patients who utilize BioT-powered clouds. Its offerings span digital healthcare, medical devices, and cybersecurity sectors, focusing on compliance, real-time data, and remote monitoring.
Strategic signal
In August 2024, BioT partnered with Sendance to integrate cloud-powered sensor grids into medical devices and sports applications. This collaboration highlights BioT's ongoing strategy to expand its platform's utility beyond traditional medical devices, leveraging its compliant cloud infrastructure to support advanced sensor technologies. For investors, this signals BioT's capability to drive innovation and market expansion through strategic partnerships, enhancing its value proposition in the broader health tech and sports technology ecosystems.
Company Intelligence Q&A
- What is BioT's primary offering?
- BioT offers a Platform-as-a-Service (PaaS) that helps HealthTech developers meet regulatory requirements, allowing them to focus on medical AI innovation and deliver solutions using NoCode/LowCode.
- When was BioT founded and by whom?
- BioT was founded in October 2020 by Daniel Adler, Boaz Vaizler, and Guy Vinograd.
- What was a significant recent partnership for BioT?
- In August 2024, BioT partnered with Sendance to integrate cloud-powered sensor grids into medical devices and sports applications, aiming to revolutionize sensor technology in health tech.
- What recognition did BioT Medical receive in 2023?
- In November 2023, BioT Medical was awarded the 2023 AWS Rising Star Partner of the Year, recognizing its contributions and growth within the AWS ecosystem.
- What was a key strategic agreement for BioT in 2022?
- In November 2022, BioT Medical and NTT DATA announced a strategic agreement focused on making hospital care at home a reality, indicating a move towards expanding remote healthcare solutions.