Treato
Analysis of Prescription Drug Reviews
Company Overview
Snapshot
Founded in January 2008 by Itzchak Lichtenfeld, Treato operated with 1–10 employees. The company raised $20 million across 2 funding rounds from 5 investors. In July 2017, Treato partnered with Toluna, a digital platform, to enhance its healthcare data analysis capabilities.
Business overview
Treato is a Health Tech & Life Sciences company focused on helping patients and caregivers make informed healthcare decisions. The company analyzes online conversations about medications and health conditions, identifying, aggregating, and analyzing user-generated content from across the social health web. Its core technology leverages natural language processing and artificial intelligence to generate patient voice insights, which are utilized by patients, providers, and pharmaceutical companies to drive health-related decisions and understand patient perspectives on brands and therapeutic areas. Treato operates in the digital healthcare sector, specifically within medical decision support, serving both B2C and B2B markets.
Strategic signal
In August 2018, Treato ceased operations, as reported by Calcalistech. This event marks a significant closure for the company, indicating a complete halt in its efforts to aggregate and analyze online patient discussions for healthcare insights.
Log in to access full profile ›Company Intelligence Q&A
- What is Treato's primary business activity?
- Treato helps patients and caregivers make informed healthcare decisions by analyzing online conversations about medications and health conditions, sharing insights on patient experiences.
- When was Treato founded and by whom?
- Treato was founded in January 2008 by Itzchak Lichtenfeld.
- What was a significant partnership for Treato?
- In July 2017, Treato partnered with Toluna, a digital platform, to enhance its healthcare-focused digital capabilities.
- What was a key recognition Treato received?
- In April 2016, Treato was named a Cool Vendor in Life Sciences by the Gartner Research Group.
- 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.