StuffThatWorks

StuffThatWorks Overview

Stuff That Works helps patient communities figure out which treatments work best by using simple crowdsourcing tools powered by smart machine-learning algorithms. Patients dealing with different conditions share their experience in an organized survey. The company's statistics engine analyzes the data, turns it into general and personalized insights, and shares it with the community. The community discusses insights and directs the ongoing research roadmap.

Cumulative Funding Raised Over Time ($)

Latest News

May 24, 2023 · www.themarker.com

growth-negative

70% of employees were fired within a year: the startup StuffThatWorks is recalculating a course

StuffThatWorks, a platform for sharing information about chronic diseases, has recently undergone significant layoffs, reducing its workforce by half. The company now has only 14 employees, compared to 47 employees a year ago. StuffThatWorks had previously raised $34 million in funding. The company also started offering a service for recruiting participants for clinical trials. The company has not responded to inquiries about the layoffs.

Layoffs

Jan 28, 2021 · m-jpost-com.cdn.ampproject.org

Hillel's Tech Corner: StuffThatWorks: Crowdsourced medicine

Aug 26, 2020 · www.israel21c.org

growth-positive

Using the crowd to fight chronic health conditions

Israeli startup StuffThatWorks uses crowdsourcing and artificial intelligence to translate patient-reported observations into anonymized data for medical conditions. The company has generated 150,000 pages of data covering symptoms, treatments, and subgroups for 110 conditions. The data is presented in easy-to-read tables and graphs, benefiting both patients and pharmaceutical companies. StuffThatWorks intends to sell the anonymous data to drug and insurance companies while keeping the site free for patients. The company raised $9 million in seed funding from Bessemer Venture Partners, 83North, and Ofek Ventures. The article also mentions indirect competitors and the companys collection of information about COVID-19.

CustomersPartnersInvestment

Aug 8, 2020 · www.haaretz.com

growth-positive

Crowdsourcing medical advice: Israeli startup steps in when doctors don't have the answers

Yael Elish, former head of product for Waze, has co-founded a startup called StuffThatWorks, which aims to help sufferers of chronic illnesses find treatments that doctors sometimes miss. The platform, which uses crowd wisdom to map treatments for chronic illnesses, has over 180,000 active users and 105 chronic illnesses mapped. The company raised seed capital of $3.5 million from 83North and Bessemer Venture Partners in 2018, and an additional $5 million from Ofek Ventures in 2019.

InvestmentExpand

Jul 23, 2020 · www.calcalistech.com

growth-positive

Medical data crowdsourcing startup StuffThatWorks launches in the U.S., raises $9 million

Tel Aviv-based startup StuffThatWorks has launched its online platform for people suffering from chronic diseases to share information on the best treatments. The company has raised $9 million in seed funding from investors including Bessemer Venture Partners, 83North, and Ofek Ventures. The platform already has 180,000 registered users and more than 100 communities dedicated to different chronic conditions. StuffThatWorks aims to collect and organize patient knowledge to compare treatment effectiveness on a large scale and facilitate medical research. The company plans to expand its services.

InvestmentExpand

Funding

Team Members

3

Employees: 11-50

Web & Social Links

Locations

Tel Aviv, Israel

Photos & Videos

1 item(s)

StuffThatWorks Internal

Recent Updates

No update log entries.

Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.

Admin Info