NeuraLight, an Israeli MedTech startup that offers a solution to help provide teleneurology with smartphones developing objective and sensitive biomarkers for neurological disorders, raised $25 million in Series A funding, led by Koch Disruptive Technologies.
NeuraLight was founded this year by Micha Breakstone, who co-founded Chorus.ai, a sales platform based on natural language processing and enables the extraction of insights from sales staff discussions in order to boost their chances of success. In July that company had a big exit when it sold to ZoomInfo for $575 million in cash.
Teleneurology is a form of Telemedicine that enables neurology to be practiced when the doctor and patient are not present in the same place, and possibly not at the same time.
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Neurology.org explains that Telemedicine is a mode of delivery for clinical neurology established as a standard model in stroke systems of care, when considering the use of technology to increase access to care, stroke is the perfect paradigm in the acute setting, allowing us to bring the doctor to the patient for rapid evaluation and treatment decisions. Impact on clinical outcomes is easily evaluated in telestroke, and there is a measurable impact on public health, including increased tissue plasminogen activator delivery and development of stroke units, particularly in low-resource areas without full-time neurology coverage.
NeuraLight declares that it is building an AI-driven platform to accelerate and improve drug development, monitoring, and care for patients with neurological disorders using information captured with a standard smartphone or webcam.
The company explains that neurological screening, diagnosis, and care are highly subjective and dependent on manual examination with multiple signs and symptoms that are non-trivial to elicit or detect.
So, how does NeuraLight help to solve this? It says that its AI-driven platform automatically extracts micro-oculometrics, providing objective and sensitive digital markers for neurological disorders. The company promises to serve as a robust proxy for currently used endpoints, and ultimately define a new measurement standard, paving the path for precision medicine in neurology.