WizeCare Overview
WizeCare is a cloud telerehabilitation platform designed for at-home use. The platform enables physical therapists to build personalized video training programs for their patients and track their progress remotely. With WizeCare, healthcare providers can deliver intelligent, accessible, and exciting physical therapy sessions directly to their patients’ homes, allowing organizations and insurers to provide measurable, affordable, and standardized quality of care. The data-driven solution optimizes physical therapy outcomes for more efficient patient management and shorter recovery times.
Cumulative Funding Raised Over Time ($)
$2.5MFeb 2021
Latest News
growth-positive
WizeCare Announces Know-how and Research Agreement with Mayo Clinic
WizeCare has entered into a know-how and research agreement with Mayo Clinic to collaborate on the development of a home-based cardiac rehabilitation program. The program aims to set a new standard of care by leveraging Mayo Clinics know-how and WizeCares AI-driven technology to advance remote cardiac rehabilitation monitoring capabilities. WizeCares cloud-based solution includes an interactive patient application that delivers virtual reality video sessions and provides real-time feedback for a personalized rehabilitation experience. The program will automate and guide patients in their daily exercise training, as well as monitor multiple new parameters remotely. The collaboration with Mayo Clinic is expected to deliver better care and improve patient outcomes.
Partners
growth-positive
Accessible Home Health Care Introduces WizeCare to Suite of Technology Solutions
Accessible Home Health Care has launched an integrated health care platform powered by WizeCare to improve home care clinician access to diagnostic and predictive analytic tools. The solution aims to enhance the experience of patients receiving physical therapy and rehabilitation remotely. The use of home-based technology is increasing to reduce preventable rehospitalizations and provide real-time feedback to patients. The addition of WizeCare enhances Accessible Home Health Cares suite of technology solutions.
CustomersPartners
growth-positive
MoveAI™ Technology by WizeCare Shapes the Future of Physical Rehabilitation
WizeCare, a health technology company, is using AI movement detection and virtual reality video sessions to deliver physical therapy sessions to patients homes. The cloud-based solution replaces the need for in-person clinic-based treatment and offers real-time feedback on patients movement patterns. The technology analyzes data to provide tailored interventions for orthopedic, neurological, cardiology, and movement disorders. WizeCare aims to disrupt home physical therapy care and provide cost-effective value-based healthcare. The company has experienced growth since its launch in 2012 and now offers a combination of remote care, patient management, monitoring, AI analysis, and communication capabilities.
CustomersExpand
N/A
https://www.fiba.io/wp-content/uploads/2021/02/WizeCare-Technologies-and-Virtual-Health-PT-Launches-Clinical-MSK-care-for-Workplaces-YD-1.pdf?mc_cid=35efc467de&mc_eid=56047cc72c
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growth-positive
How a serious car accident led to a home rehab platform
WizeCare Technologies, an AI-driven tele-rehab platform, is experiencing growth as it enables healthcare providers to deliver supervised at-home physical therapy. The platform has been used by approximately 23,000 patients in Israel and the United States, resulting in a 45% reduction in costs for providers and an 80% improvement in patient adherence to treatment. WizeCares success is attributed to its simplicity and the use of patients own mobile devices for movement tracking and analysis. The company has established collaborations with healthcare providers in the United States, including the Cleveland Clinic, and is looking to raise funding in a Series A round. The COVID-19 pandemic has increased demand for remote healthcare solutions, leading to greater interest in WizeCares product.
Customers
| Sector | Health Tech & Life Sciences |
Funding
| Total funding | $3.35M |
| Last funding | $2.5M |
| Stage | Seed |
| Rounds | 2 |
| Investors | 4 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | www.wizecare.com |
| App Store | App Store |
| Google Play | Google Play |
Locations
Ha-Hagana St 17, Or Yehuda, Israel
Phoenix Plaza, 1 American Row, Hartford, CT 06103, USA
Photos & Videos
3 item(s)
WizeCare Business
Business models
B2B2C, B2B
Product stage
Released
Employees
11-50
Sector
Health Tech & Life SciencesDigital HealthcareDigital TherapeuticsTarget Customer
ConsumersDemographics & FamilySeniorsHealthcare & Life SciencesHealthcareProvidersPatientsFinancial ServicesFinancial ProductsInsuranceCore Technology
Platforms & InterfacesMobileArtificial IntelligenceMachine LearningTags (21)
fitnessphysiotherapytelemedicinehome-caredigital-healthcarehealthcare-providersrehabilitationvideoartificial-intelligencemonitoringdigital-therapeuticsbig-datadata-analyticsremote-monitoringpatientsdecision-makinginsurance-companiespersonalizationmachine-learningdecision-supportseniorsGeographic Markets
AustraliaIsraelUnited StatesUnited Arab EmiratesEuropeWizeCare Financials
$3.35M
Total funding
Undisclosed
Capital raised
$2.5M
Last funding
Seed
Funding stage
2
Total rounds
4
Investors
Cumulative Funding Raised Over Time ($)
$2.5MFeb 2021
Private Equity Funding
Seed
Feb 2021
$2.5M
RIO Ventures Holdings, Arc Impact, Connecticut Innovations, Spinach Angels
Non-Equity Funding
GrantEvent
Jul 2019
$850K
BIRD Foundation
WizeCare Lifecycle
Cumulative Funding Raised Over Time
$2.5MFeb 2021
All Events
Seed
Feb 2021
$2.5M
RIO Ventures Holdings, Arc Impact, Connecticut Innovations, Spinach Angels
GrantEvent
Jul 2019
$850K
BIRD Foundation
WizeCare News
8 articles
growth-positive
WizeCare Announces Know-how and Research Agreement with Mayo Clinic
WizeCare has entered into a know-how and research agreement with Mayo Clinic to collaborate on the development of a home-based cardiac rehabilitation program. The program aims to set a new standard of care by leveraging Mayo Clinics know-how and WizeCares AI-driven technology to advance remote cardiac rehabilitation monitoring capabilities. WizeCares cloud-based solution includes an interactive patient application that delivers virtual reality video sessions and provides real-time feedback for a personalized rehabilitation experience. The program will automate and guide patients in their daily exercise training, as well as monitor multiple new parameters remotely. The collaboration with Mayo Clinic is expected to deliver better care and improve patient outcomes.
Partners
growth-positive
Accessible Home Health Care Introduces WizeCare to Suite of Technology Solutions
Accessible Home Health Care has launched an integrated health care platform powered by WizeCare to improve home care clinician access to diagnostic and predictive analytic tools. The solution aims to enhance the experience of patients receiving physical therapy and rehabilitation remotely. The use of home-based technology is increasing to reduce preventable rehospitalizations and provide real-time feedback to patients. The addition of WizeCare enhances Accessible Home Health Cares suite of technology solutions.
CustomersPartners
growth-positive
MoveAI™ Technology by WizeCare Shapes the Future of Physical Rehabilitation
WizeCare, a health technology company, is using AI movement detection and virtual reality video sessions to deliver physical therapy sessions to patients homes. The cloud-based solution replaces the need for in-person clinic-based treatment and offers real-time feedback on patients movement patterns. The technology analyzes data to provide tailored interventions for orthopedic, neurological, cardiology, and movement disorders. WizeCare aims to disrupt home physical therapy care and provide cost-effective value-based healthcare. The company has experienced growth since its launch in 2012 and now offers a combination of remote care, patient management, monitoring, AI analysis, and communication capabilities.
CustomersExpand
N/A
https://www.fiba.io/wp-content/uploads/2021/02/WizeCare-Technologies-and-Virtual-Health-PT-Launches-Clinical-MSK-care-for-Workplaces-YD-1.pdf?mc_cid=35efc467de&mc_eid=56047cc72c
The provided text appears to be a corrupted or improperly formatted PDF file. It does not contain coherent information or a readable article that can be analyzed for company details, impact, themes, issues, or events. Therefore, it is not possible to extract meaningful data or summarize the content.
growth-positive
How a serious car accident led to a home rehab platform
WizeCare Technologies, an AI-driven tele-rehab platform, is experiencing growth as it enables healthcare providers to deliver supervised at-home physical therapy. The platform has been used by approximately 23,000 patients in Israel and the United States, resulting in a 45% reduction in costs for providers and an 80% improvement in patient adherence to treatment. WizeCares success is attributed to its simplicity and the use of patients own mobile devices for movement tracking and analysis. The company has established collaborations with healthcare providers in the United States, including the Cleveland Clinic, and is looking to raise funding in a Series A round. The COVID-19 pandemic has increased demand for remote healthcare solutions, leading to greater interest in WizeCares product.
Customers
growth-positive
Physical Rehabilitation? There's an App for That
Israeli company WizeCare Technologies Ltd. has partnered with the Cleveland Clinic to develop telecommunication-based physiotherapy and rehabilitation technology. They are in the final steps of signing a long-term partnership agreement that will see Cleveland Clinic adopt WizeCares technology and help commercialize and distribute it. The partnership is supported by a grant from The BIRD—Israel-U.S. Binational Industrial R&D Foundation. WizeCare offers an app for healthcare providers that enables physiotherapists and clinicians to guide their patients during their at-home rehabilitation exercises. They are currently in the midst of a funding round and working on the next generation of their app. The company aims to provide a single solution and vendor that covers rehabilitation and physiotherapy for hospitals, both in the clinic and at home.
PartnersInvestmentCustomers
growth-positive
VideoTherapy wins a spot in Cleveland business accelerator Plug and Play (video)
VideoTherapy has been selected to be mentored in the Plug and Play Cleveland accelerator program. The company has developed an application for users to do physical therapy at home, with personalized plans and progress tracking. VideoTherapy is one of 12 companies chosen for mentoring and will present plans to potential investors in June. The program is a partnership with the Cleveland Clinic, JumpStart Inc., and other Ohio partners. The selected companies will be housed in downtown Clevelands Global Center for Health Innovation. Plug and Plays commitment to Cleveland is the only U.S. program outside of New York or California.
PartnersInvestment
growth-positive
Israeli companies put the fun in physical therapy
Israeli company BioGaming is using virtual-reality gaming and robotics technology to introduce fun into physical therapy exercises. They have introduced the BioGaming at-home rehabilitation system and companion applications to facilitate communication with patients. The platform uses motion-detection algorithms and a Microsoft Kinect 3D motion-capture camera to create personalized routines for patients. The captured data is transmitted back to the cloud for tracking progress. Other Israeli companies, such as Motorika Medical and Video Therapy, are also incorporating high-tech fun and convenience into physiotherapy. BioGamings patent-pending solution earned them the Innovation Award at Medica in 2014 and they are currently awaiting FDA approval in the United States.
Customers
Employee Info
| Employees (range) | 11-50 |
| Exact count | 14 |
| Team members | 2 |
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WizeCare Internal
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Admin Info
| Confidence | 102/100 |
| Missing | markets |
| BI Verification | Sharon Shapira |
| Registrar ID | 514670314 |
| Crunchbase | wizecare-technologies |
| Phone | +972737278886 |
| Creator | Roy Shteren |
| Creator email | royshteren@gmail.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2022-10-26T00:00:00.000Z |
| Created | 2014-12-22T00:00:00.000Z |
| Claimed | Yes |