Telesofia Medical

Company Overview

Snapshot

Founded in January 2011 by Rami Cohen, MD, Telesofia Medical operates with 1–10 employees. The company has raised $6.52 million across 4 funding rounds from 4 investors. In September 2022, Telesofia Medical joined the Sustainable Medicines Partnership as a founding Collaborator to make medicine use more sustainable and less wasteful.

Business overview

Telesofia Medical provides a platform that automatically generates personalized educational videos for patients and medical staff. This technology clarifies medical information, aiming to increase engagement, satisfaction, understanding, and compliance. The videos are tailored to specific clinical data, are easy to understand, and are accessible on any device via text messages, email, or patient portals. The platform integrates into existing workflows and supports various applications, including medication instructions, procedure preparations, and discharge information, serving the Health Tech & Life Sciences sector.

Strategic signal

In September 2022, Telesofia Medical became a founding Collaborator of the Sustainable Medicines Partnership (SMP). This collaboration is significant as it leverages Telesofia's digital platform and video technology to support the SMP's Digitising Medicines Information Project, aiming to reduce operational costs for pharmaceutical companies and improve patient outcomes by potentially reducing the need for printed medication leaflets. This signals the company's strategic expansion into sustainability initiatives within the healthcare industry, demonstrating its technology's broader applicability beyond direct patient education to address systemic industry challenges.

Company Intelligence Q&A

What was a significant partnership for Telesofia Medical in 2022?

In September 2022, Telesofia Medical joined the Sustainable Medicines Partnership (SMP) as a founding Collaborator. This partnership aims to make the use of medicines more sustainable and less wasteful, with Telesofia Medical supporting the Digitising Medicines Information Project through its video technology.

How has Telesofia Medical collaborated with Maccabi Health Services?

In June 2020, Maccabi Health Services selected Telesofia's personalized video technology to increase compliance rates for flu vaccines. Following the success of this pilot, the service expanded to other healthcare areas, including coronavirus testing, pre-diabetes, and smoking cessation.

What was the nature of the collaboration between Telesofia Medical and Sheba Medical Center?

In September 2019, Sheba Medical Center partnered with Telesofia Medical to introduce a telemedicine program for cancer patients. This program utilizes Telesofia's personalized video platform to help cancer patients communicate with their doctors from home, improving patient engagement and monitoring.

What recognition did Telesofia Medical receive in 2016?

In November 2016, Telesofia Medical was awarded the Frost & Sullivan 2016 New Product Innovation Award for its patient engagement platform. The award recognized the company's contribution to long-term patient health, safety, and reduced readmission rates through personalized videos.

What was Telesofia Medical's early funding status in 2014?

In December 2014, Telesofia Medical had raised $1.5 million in funding. At that time, the company was developing a product aimed at reducing hospital readmissions and generated revenue by charging setup and recurring fees for its platform.