Company Overview
Snapshot
Founded in February 2015 by Eran Ofir, Somatix operates with 11–50 employees. The company has raised $13.7M across 5 funding rounds and secured additional non-equity funding. In July 2022, Somatix partnered with Roche to deliver its AI-powered remote monitoring solution to dementia patients, highlighting its commitment to expanding its impact in healthcare.
Business overview
Somatix develops a wearable-enabled remote patient-monitoring (RPM) software platform for healthcare providers. Its core technology utilizes patented gesture-detection and machine learning algorithms to analyze real-time gesture data, generating insights into potential adverse events such as activity levels, sleep quality, medical compliance, falls, and dehydration. This data provides clinical insights, enabling continuous contact and improved well-being for patients. Somatix serves elder care facilities, hospitals, and substance abuse rehabilitation centers, operating within the Health Tech & Life Sciences sector, specifically in Digital Healthcare and Patient Remote Monitoring.
Strategic signal
In July 2022, Somatix announced a partnership with Roche to integrate its AI-powered remote monitoring solution for dementia patients. This collaboration signals a significant validation of Somatix's technology and its potential to address critical needs in chronic disease management, expanding its market reach and demonstrating its capability to partner with major pharmaceutical companies to enhance patient care through innovative digital health solutions.
Log in to access full profile ›Company Intelligence Q&A
- What is Somatix's primary offering?
- Somatix provides a wearable-enabled remote patient-monitoring (RPM) software platform for healthcare providers, utilizing patented gesture-detection technology and machine learning algorithms to analyze user gesture data in real time.
- When was Somatix founded?
- Somatix was founded in February 2015.
- What significant partnership did Somatix announce in 2022?
- In July 2022, Somatix partnered with Roche to bring its unique AI-powered remote monitoring solution to dementia patients.
- Which investor led a funding round for Somatix in April 2017?
- In April 2017, Digitalis Ventures led a funding round for Somatix, with participation from.
- What was a key product launch for Somatix in 2018?
- In November 2018, Somatix launched 'SafeBeing,' a wearable-assisted remote patient monitoring (RPM) solution designed for the elderly population.