Otorize

Cognitive Test to Prevent Impaired Driving

Health Tech & Life Sciences
Non Active, Sep 2024 ceased to operate
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Company Overview

Snapshot

Founded in February 2016 by Andres Kukawka and Isaac Hassan, Otorize operates with 1–10 employees. The company has raised $380,000 across two funding rounds. In May 2018, Otorize won the Cannabis Innovation Pitch, signaling early recognition for its technology.

Business overview

Otorize develops a mobile application designed to detect cognitive impairment to prevent impaired driving. The core technology utilizes the Inspection Time test, which correlates blood alcohol concentration with response times, to assess an individual's fitness to drive or operate machinery. This maintenance-free app aims to identify impairment from various substances, including alcohol, cannabis, and other drugs, serving markets focused on road safety and broader public safety across offices, warehouses, and homes. The company operates within the Health Tech & Life Sciences sector, specifically in Digital Healthcare and Digital Accessibility Solutions, targeting consumers, drivers, and insurance companies.

Strategic signal

In May 2018, Otorize secured a significant win at the Cannabis Innovation Pitch, highlighting the potential of its technology in addressing cannabis and road safety. This recognition validated the company's approach to cognitive impairment detection, signaling to investors and industry players a promising solution for a critical public safety challenge within the evolving regulatory landscape of cannabis use.

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Company Intelligence Q&A

What is Otorize's primary offering?
Otorize offers a mobile application that uses the Inspection Time test to detect cognitive impairment, aiming to prevent impaired driving by assessing a person's ability to drive safely through evaluating cognitive functions in seconds.
When was Otorize founded and by whom?
Otorize was founded in February 2016 by Andres Kukawka and Isaac Hassan.
What was a notable achievement for Otorize in 2018?
In May 2018, Otorize won the Cannabis Innovation Pitch, recognized for its promising new technology in cannabis and road safety.
What is the total capital raised by Otorize?
Otorize has raised a total of $380,000 across two funding rounds.
What is the status of Otorize as of September 2024?
Otorize ceased to operate in September 2024, and is currently listed as Non-Active.
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