Dor Skuler, CEO and Co-founder of Intuition Robotics (company pic)
Intuition Robotics, an Israeli startup that offers cognitive digital companions to help fight loneliness, raised $25 million in funding, $20 million of which is in venture capital led by Woven Capital, the growth fund of Toyota, with the remaining from venture debt. And fellow Israeli startup Cypago raised $13 million for a cyber-governance, risk, and compliance automation platform.
Founded in 2020 by Arik Solomon, a former EY executive and Yahav Peri, a former officer in the IDF Intelligence Corps and a cybersecurity expert, the Cypago Cyber GRC Automation (CGA) Platform combines the strength of SaaS architecture and advanced Correlation Engines, GenAI, and NLP-based automation with an “intuitive user experience, delivering complete coverage across all security frameworks and IT environments.” The company boasts that the platform enables organizations to increase security and GRC maturity through simplified cross-functional workflows, reduced manual efforts, and lower costs–all while reinforcing the trust of customers and stakeholders.
“Traditionally, running cyber GRC processes has been a manual, fragmented, and time-consuming process,” said Arik Solomon, Co-Founder and CEO of Cypago. “As the risk of cyber threats continues to rise, the volume and complexity of security-related GRC obligations grow, adding to the burden over time. This diverts valuable attention from cybersecurity teams, which should be focused on enhancing their business’ security. Non-compliance with GRC mandates can result in costly fines, erode customer trust, and even major data breaches.”
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Founded in 2016, Intuition Robotics says it is on a mission to care for the world’s older adult population with an empathetic AI companion, allowing them to live “healthier, happier and more independent lives.” The firm boasts that its technology synthesizes empathy to create an AI companion that establishes a “trusted relationship, maintains high engagement and drives behavior change in older adults.”
Intuition Robotics’ award-winning product ElliQ is an empathetic proactive care companion for older adults. ElliQ, helps keep users healthy, engaged, and motivated, while “alleviating the effects of loneliness and social isolation.”
“We’ve seen the direct impact that loneliness has had on our aging community, but we’ve also seen the positive results our AI and technology have on the older adult population. Beyond the groundbreaking results in reducing loneliness – ElliQ is also seeing an impact on health, wellness, and behavior change,” said Dor Skuler, CEO and Co-founder of Intuition Robotics. “The latest advancements in AI have advanced ElliQ’s conversational capabilities to become even more contextual, personalized, and goal driven. We’re proud to be at the forefront of harnessing this technology for the benefit of our users. We are excited to utilize this new funding to deploy more ElliQ devices out into the world, further increase its accessibility, expand partnerships, and gain a deeper understanding of the role ElliQ can play in the healthcare ecosystem. We are grateful for the support of Woven Capital and our additional investors as we continue our mission to empower older adults to live happier, healthier, and more independent lives at home.”
