Company Overview
Snapshot
Founded in January 2008 by Itzchak Lichtenfeld, Treato operates with 1–10 employees. The company raised a total of $20 million across two funding rounds from five investors. In April 2016, Treato was recognized as a Cool Vendor by Gartner.
Business overview
Treato provides a platform that analyzes online conversations about medications and health conditions to help patients and caregivers make informed healthcare decisions. The company identifies, aggregates, and analyzes user-generated content from across the social health web to generate patient voice insights. Its Treato IQ platform offers a consolidated view of patient opinions on brands and therapeutic areas, serving both patients and providers within the digital healthcare sector.
Strategic signal
In August 2018, Treato ceased operations, indicating a significant shift in its market trajectory. This closure suggests challenges in its business model or market adoption, despite earlier recognition as a Gartner Cool Vendor and partnerships with companies like Toluna.
Company Intelligence Q&A
- What was a significant partnership for Treato?
- In July 2017, Treato partnered with Toluna, a leading healthcare-focused digital platform, to enhance its offerings.
- When did Treato appoint a new board member?
- In December 2016, Treato appointed healthcare industry veteran Allen Kamer to its Board of Directors.
- What recognition did Treato receive from Gartner?
- In April 2016, Treato was named a Cool Vendor in Life Sciences by the Gartner Research Group.
- When did Treato announce its first annual list of top GERD medications?
- In January 2016, Treato announced its first annual list of top gastroesophageal reflux disease (GERD) medications, based on consumer health conversations online.
- What was the outcome for Treato in August 2018?
- In August 2018, Treato, a startup focused on analyzing online patient discussions, shut down its operations.