Founders: Isaac Litman (CEO)
Funding: $13 million
Valuation: $40 million
Key technologies: AI, autonomous vehicles, biochips, deep learning, internet of things, machine learning
Industry: Remote sensing technology
Previous appearances on Disruptor 50 List: 0
This five-year-old Israeli company has developed a technology that senses tiny movements on the skin's surface to monitor human vital signs and physical indicators such as stress, fatigue, and pain, as well as symptoms of Covid-19. A micro-radar remote can detect these indicators, even through clothing and furniture. In March, New York's Northwell Health was the first hospital in the U.S. to test a Neteera's sensor to detect sleep apnea. It could eventually replace the cumbersome sensors and wires that need to be taped all over a person's body to monitor for the condition. The device simply needs to be in the same room as the patient to detect breathing, heart rate and movements. The company was formed out of research done at the Hebrew University of Jerusalem and has raised $13 million in funding.
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CEO Isaac Litman says that the sensing of micromovements in the skin allows for remote monitoring, noninvasive and safe detection of various human biological indicators. And because it takes place without the need for contact with medical personnel or equipment, the risk of contamination is much lower. That's become a critical feature in the age of Covid-19, and is one big reason why Israel's Ministry of Health chose Neteera to provide monitoring and screening services to front-line workers.
Today Neteera's focus is in three main areas: IoT technology for smart homes; health care and automotive. In January it announced a collaboration with Valeo, an automotive supplier. Valeo will use Neteera's vital signs monitoring solution for its new passenger comfort technology. The company's technology can also monitor a vehicle and alert parents if children are left in the car, regardless of location. The problem has become so severe that last year the U.S. Hot Car Act was introduced. If the bill becomes law, it would require that all new cars be equipped with an alert system to detect the presence of a small child or a domestic animal in the backseat after the engine has been turned off.
Correction: A previous version of this story referred to a type of sensor that Neteera no longer uses. This profile has been updated to reflect the capabilities of the technology currently in use.