Neteera

Company Overview

Snapshot

Founded in December 2014 by Isaac Litman, Neteera operates with 51–200 employees. The company has raised $36.4M across 5 funding rounds from 8 investors. In October 2023, Neteera secured an additional Series B extension round, with Aescuvest participating as a lead investor.

Business overview

Neteera specializes in enhancing patient care through its contactless monitoring solution, which delivers vital and activity metrics. The company's core technology, featuring a smart sensing platform powered by a maintenance-free micro-radar chip, is CE MDR & FDA-approved. Neteera serves hospitals, post-acute care facilities, and home care settings, providing real-time patient data and customizable alerts to healthcare staff. The company operates within the Health Tech & Life Sciences sector, specifically focusing on Digital Healthcare and Patient Remote Monitoring.

Strategic signal

In October 2023, Neteera raised an additional $6.7 million in a Series B extension round. This funding, with Aescuvest as a lead investor, signals continued investor confidence in Neteera's contactless remote patient monitoring technology and its potential for market expansion within the health tech industry. It suggests a strategic focus on scaling operations and further developing its smart sensing platform for broader adoption in healthcare settings.

Company Intelligence Q&A

What was a significant recent funding event for Neteera?

In October 2023, Neteera raised an additional Series B extension round, with Aescuvest participating as a lead investor.

When did Neteera secure its Series B funding?

Neteera secured its Series B funding in April 2023, with Omega Healthcare Investors and Aescuvest participating.

What was Neteera's involvement with CNBC's Disruptor 50 list?

Neteera was named to CNBC's Disruptor 50 list in June 2020 and again in November 2021, recognizing its contactless vital signs monitoring technology.

What was Neteera's response to the COVID-19 pandemic?

In March 2020, Neteera launched a contactless vital signs sensing system for COVID-19 early screening and home care.

Which investors participated in Neteera's Series A round?

In March 2020, Neteera secured its Series A funding from Northwell Ventures and Ascend Capital Partners.