Mybitat

Company Overview

Snapshot

Founded in October 2014 by Mati Kochavi, Mybitat operates with 1–10 employees. The company secured its first funding round in April 2015, with Moonscape Ventures participating, and has since ceased operations in September 2016.

Business overview

Mybitat develops an IoT solution designed to enhance the safety and well-being of seniors while preserving their privacy. The company utilizes data science and analytics to provide caregivers with insights into seniors' needs, offering actionable alerts for emergencies and a communication suite for families. Mybitat's technology serves the digital healthcare market, specifically focusing on patient remote monitoring within the health tech and life sciences sector.

Strategic signal

In April 2015, Mybitat announced a joint development initiative with Samsung to create a home-care product for seniors. This collaboration underscored a significant strategic validation for Mybitat's technology and market approach, signaling to investors a strong partnership with a major global electronics company in the burgeoning elder care technology space.

Company Intelligence Q&A

What is Mybitat's primary focus?

Mybitat focuses on providing an IoT solution for seniors, utilizing data science and analytics to ensure their safety and well-being without compromising privacy, and offering caregivers actionable alerts and communication tools.

When was Mybitat founded?

Mybitat was founded in October 2014.

Who is a key founder of Mybitat?

Mati Kochavi is a founder of Mybitat.

What was a significant partnership for Mybitat?

In April 2015, Mybitat announced a joint development with Samsung for a home-care product designed for seniors.

What is the current operational status of Mybitat?

Mybitat ceased to operate in September 2016.