Prize4Life

Mobile App for Monitoring Disease Progression in People with ALS

Health Tech & Life Sciences
Non Active, Dec 2022 ceased to operate

Company Overview

Snapshot

Founded in January 2007 by Avichai Kremer and Andrea Marano, Prize4Life operated with 1–10 employees. The company secured $447.2K across 5 funding rounds from 1 investor. In November 2015, Prize4Life, in collaboration with Sage Bionetworks and DREAM, announced the winners of the ALS Stratification Challenge.

Business overview

Prize4Life was an Israeli nonprofit organization dedicated to accelerating innovative treatments and cures for Amyotrophic Lateral Sclerosis (ALS). The company developed the ALS Mobile Analyzer, a smartphone application designed to objectively track disease progression in ALS patients through self-reports and simple tasks. This technology aimed to facilitate large-scale functional data collection for ALS research, enable tailored clinical care, and support more efficient clinical trials. Prize4Life operated within the Health Tech & Life Sciences sector, specifically focusing on Digital Healthcare and Patient Remote Monitoring, serving patients and doctors globally.

Strategic signal

In December 2022, Prize4Life ceased operations, indicating a significant shift in its organizational status. This development signals to investors and innovation teams that the company is no longer actively pursuing its mission, marking the end of its efforts in accelerating ALS research and treatment through its mobile monitoring technology.

Company Intelligence Q&A

What was the primary mission of Prize4Life?
Prize4Life was a nonprofit organization founded with the mission of accelerating innovative and groundbreaking treatments and cures for Amyotrophic Lateral Sclerosis (ALS).
What was the ALS Mobile Analyzer?
The ALS Mobile Analyzer was a smartphone application developed by Prize4Life to provide a less expensive, more accurate way to track the progression of ALS by monitoring patient self-reports and performance on simple tasks.
When did Prize4Life cease operations?
Prize4Life ceased to operate in December 2022.
What was a notable achievement for Prize4Life in 2015?
In November 2015, Prize4Life, in collaboration with Sage Bionetworks and DREAM, announced the winners of the ALS Stratification Challenge.
What was the total capital raised by Prize4Life?
Prize4Life raised a total of $447.2K across 5 funding rounds.

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