Amblyotech
Latest round
- Seed
Last raised
- May 2016
Total raised
- $0.1M
Investors
- 1
About Amblyotech
Amblyotech, Inc.Founded in 2013 and headquartered in Atlanta, US, Amblyotech, Inc. focuses on addressing amblyopia through innovative digital therapy solutions. The company was acquired by Novartis AG in April 2020, which marks a strategic pivot to leverage Novartis's resources for further development.Amblyotech's core product, developed under Novartis, is a digital therapy designed for amblyopia treatment, combining active gaming and passive video technology via 3-D glasses. This unique approach, featuring dichoptic display, aims to improve visual coordination by presenting different images to each eye. The therapy targets children and adults with amblyopia, addressing quality-of-life challenges stemming from untreated vision issues.Details on Amblyotech's revenue structure remain undisclosed. However, the company operates primarily through partnerships with healthcare providers and educational institutions, implying a business model that includes direct sales to clinics and hospitals. The innovative nature of the therapy suggests pricing strategies that accommodate both private and public healthcare systems.Amblyotech's growth strategy includes the integration of its digital therapy into Novartis's broader product line following its acquisition. The acquisition in April 2020 is expected to drive further development and expansion into new markets, including targeted efforts in North America, Europe, and Asia.
Who invested in Amblyotech
1 investor across 1 round
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Funding rounds
Seed
May 19, 2016
Amount
$0.1M
Investors
Questions about Amblyotech
Who invested in Amblyotech?
Amblyotech has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Amblyotech raised?
Amblyotech has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Amblyotech last raise money?
Amblyotech's most recent round on record is a Seed, in May 2016.
What does Amblyotech do?
Amblyotech is a software company.
Where is Amblyotech headquartered?
Amblyotech is headquartered in Atlanta, US.
Which VCs invest in companies like Amblyotech?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Amblyotech's stage. Their profiles are linked below.
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