Avertto Medical

Avertto Medical Overview

Need: Avertto addresses a critical gap in stroke prevention and care. Despite the knowledge that 80% of strokes are preventable, the lack of effective early detection and monitoring tools leads to high rates of death and disability. Solution: Avertto's neck device uses neck sensors for monitoring, detecting change, and alerting responsive care. Avertto aims to address the market in two phases: in-patient with an external hospital monitor and home-device with an insertable solution. Unique value proposition- alerting stroke before neuronal injury, enabling treatment with the golden hour. Business model: is based on incurring revenues without needing to develop a reimbursement rate based on the lucrative high need we are targeting. In the US, Avertto leverages ICU disposable reimbursements up to $5,000, strategically setting a sale price at $847 per patient for up to one week of use. This approach not only makes the product accessible to healthcare providers but also supports quick market infiltration. Traction (Feb24): Sensors - sensitive passive pressure sensors and a small wireless controller for continuous carotid recording. Algorithm Development: highly accurate first threshold algorithm for detecting large vessel occlusion. Clinical Studies: Completed POC (n= 70; Rabin, Galilee Medical Center in Israel, and VDH in Barcelona); successful space mission astronaut study (n=4; Axiom1). Data: unique and extensive continuous carotid data, including healthy controls, Astronaut data, and clinically signed data. Competitions: finalist at the prestigious Marrakesh Forbes Aviram Competition; first place at the HUJI Asper Prize. Collaborations: Avertto's collaborations with Shaare Zedek, Sheba, and Val d'Hebron, Barcelona, Spain. Business Development: contacts with strategic partners (Medtronic, Terumo) and institutional investors (Mayo Clinic, Birmingham Women's Hospital). Regulation: Spain (AEMPS); FDA Class1 to follow up on carotid health (Q2 24).

Cumulative Funding Raised Over Time ($)

Latest News

Jun 1, 2023 · www.avertto.com

growth-positive

Asper first prize Avertto claimed the Asper Prize from Hebrew University’s ASPER-HUJI Innovate, winning NIS 100,000 for their stroke-preventing technology. Competing with 44 other startups, Avertto's system for real-time stroke detection and prevention through blood flow monitoring stood out, aiming for timely treatment and aligning with UN SDGs.

Avertto, a medical device company, has developed an AI-based system for real-time stroke detection and prevention. The system learns personalized baseline hemodynamic features and uses this data to analyze stroke probability. Avertto has recently received additional funding of 5M ILS for their innovative technology, which will be used for multi-center blinded clinical trials. The company has also won the Asper Prize from Hebrew University’s ASPER-HUJI Innovate, and secured 2.5M ILS from IIA to develop their stroke monitoring system. The company is led by Dr. Hilla Ben-Pazi, a senior neurologist with over two decades of experience.

InvestmentExpand

May 15, 2023 · www.calcalistech.com

growth-positive

Avretto is one the five finalists of The Aviram Awards 2023 | CTech

The Aviram Foundation is hosting the final event of the Aviram Awards, a startup competition focused on changing the day-to-day reality in the Middle East and North Africa. The event will be held in Marrakesh, Morocco, and the winner will receive a cash prize of half a million dollars. Former American President Bill Clinton will be the keynote speaker at the event. Five ground-breaking entrepreneurs from the region have been selected as finalists. The winner will be chosen by an international team of judges, including Ziv Aviram, the founder and president of the Aviram Foundation. The purpose of the competition is to locate ventures that positively change lives in various fields. The Aviram Foundation aims to promote innovation and business for the betterment of society.

InvestmentCustomers

Funding

Team Members

4

Employees: 1-10

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Locations

Aderet, Israel

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1 item(s)

Avertto Medical Internal

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