GaitBetter Overview
GaitBetter is a digital therapeutic platform specifically designed for gait rehabilitation, prevention of falls, and prediction of neurodegeneration. By adding virtual simulations to any existing treadmill, GaitBetter enables personalized motor-cognitive intervention, a new modality that was proven significantly more effective than alternatives. 22 peer-reviewed publications, +120 systems, +50 paying customers, and over 10,000 patients to date, are evidence of GaitBetter's cognitive-first approach.
Cumulative Funding Raised Over Time ($)
Latest News
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Israeli Med-Tech Startup GaitBetter's Fall Prevention Solution Eligible For Medicare Reimbursement In 12 US States - Zenger News
Israeli med-tech startup GaitBetters fall prevention and gait rehabilitation solution is now eligible for Medicare and Medicare Advantage reimbursement in 12 US states and Washington, D.C. This development is expected to significantly boost demand for GaitBetters products. The companys motor-cognitive training system, which uses AI and VR technology, has been shown to reduce the risk of falls by up to 80%. GaitBetter has raised $3.6 million and its systems are installed in over 120 facilities, including top rehabilitation hospitals in the US.
CustomersInvestment
growth-positive
אחרי ישראל: 65 מיליון אמריקאים ישתמשו בשירותי הסטארטאפ הישראלי
Israeli digital health startup GaitBetter has received approval for its fall prevention and walking rehabilitation solution from the U.S. federal health insurance program, Medicare. This approval allows hospitals, physiotherapy clinics, and institutions to bill insurance companies for using GaitBetters system, which reduces fall risk by up to 80% through personalized augmented reality training. The system is already recognized for payment in 13 states. Developed by experts at Ichilov Hospital, the technology has significant potential to improve elderly care and reduce healthcare costs. eHealth Ventures, an early-stage digital health venture capital firm, is a notable investor.
CustomersPartners
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GaitBetter On Mission To Bring VR, AI-Based Solution To Gait Training; Will Physical Therapists Pay For It?
Israeli-based medtech company GaitBetter is expanding its VR- and AI-based gait training and rehabilitation solution in the US. The company aims to reduce falls in older adults and improve gait through a digital therapeutic solution that integrates cognitive training with treadmill use. GaitBetter has demonstrated significant reductions in falls and emergency room visits in studies. Despite facing reimbursement challenges in the US, the company is hopeful for better coverage with a new CPT code. GaitBetter has raised $3.6 million in seed funding and $750,000 in grants, and plans to introduce a home edition of its product next year. The company is also researching biomarkers for early detection of neurodegenerative diseases.
CustomersInvestmentExpand
growth-positive
10 Israeli companies selected for Assuta's 'RISE With US' program | CTech
Rise, the innovation arm of Assuta Medical Center, has announced the 10 startups selected for its RISE with US program. The program aims to connect startups to the global healthcare market, with a focus on the American market. The startups, chosen from 111 applicants, are developing digital health solutions using artificial intelligence and big data. The program is supported by AWS and Nvidia, as well as venture capital funds LionBird and eHealth Ventures. The startups will have access to Assuta Medical Centers, receive clinical guidance from physicians, and gain access to a network of contacts in the healthcare industry.
PartnersInvestment
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Digital Neurotherapeutics Company, GaitBetter, Announces Successful Bridge Financing Round
GaitBetter, a digital neurotherapeutics company, has successfully closed its bridge financing round led by eHealth Ventures. The round included participation from Dreamit Ventures, KT Squared, MindUP, and AARP. The funding will be used to expedite commercial expansion in the U.S. healthcare market and further develop its motor-cognitive virtual reality intervention for gait rehabilitation and fall prevention. GaitBetters solution has been clinically proven to accelerate positive outcomes and reduce falls by over 70%. The company aims to accelerate adoption of its advanced motor-cognitive system in the U.S. with the support of the funding and the American Medical Associations decision to issue a new CPT code covering GaitBetters intervention. GaitBetters VR therapy can be installed in various settings, including rehabilitation centers, physical therapy clinics, senior centers, gyms, and senior living communities.
Investment
| Sector | Health Tech & Life Sciences |
Funding
| Total funding | $4.62M |
| Last funding | $265K |
| Stage | Seed |
| Rounds | 5 |
| Investors | 5 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | www.gaitbetter.com/ |
Locations
Nevatim St 4, Petah Tikva, Israel
131 Rollins Ave # 4, Rockville, MD 20852, USA
Photos & Videos
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