# CorrActions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/corractions

- Industry: Software
- Headquarters: Jerusalem, Israel
- Website: www.corractions.com
- Total disclosed funding: $16M
- Latest round: Series A (Dec 12, 2023)
- Investors on record: 12

## About

Based in Jerusalem, Israel, and founded in 2019 by CSO Eldad Hochman and CEO Zvi Ginosar, CorrActions operates as a provider of software technology that is motion-based that uses unconscious, uncontrollable, muscular submovements to monitor brain activity from steering wheels or smartphones. In April 2023, CorrActions raised USD 6 million in series A funding led by new investor Volvo Group Venture Capital, with participation from other new investors Next Gear Ventures and OurCrowd.

The company offers software technology that enables OEMs and Tier 1s Fleets and mobility operators to understand drivers’ cognitive states and take action. The software also helps to deduct cognitive states such as fatigue, inattention, anxiety, alcohol, and drugs.

## Funding rounds

- Series A, Dec 12, 2023, $7.3M — Volvo Group Venture Capital, OurCrowd, BlackBerry, Next Gear Ventures, NextLeap Ventures, Regah Ventures, Mobilitech Capital, Stone Ventures
- Series A, Apr 24, 2023, $6M — Volvo Group Venture Capital, OurCrowd, Next Gear Ventures
- Seed, May 27, 2021, $2.7M — Samurai Incubate, Israel Innovation Authority, Operator Partners, VentureIsrael

## Investors

- Samurai Incubate (https://capitalatlas.ai/funds/samurai-incubate) — Seed
- Israel Innovation Authority — Seed
- Operator Partners — Seed
- VentureIsrael (https://capitalatlas.ai/funds/ventureisrael) — Seed
- Volvo Group Venture Capital (https://capitalatlas.ai/funds/volvo-group-venture-capital) — Series A
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Series A
- Next Gear Ventures (https://capitalatlas.ai/funds/next-gear-ventures) — Series A
- BlackBerry — Series A
- NextLeap Ventures (https://capitalatlas.ai/funds/nextleap-ventures) — Series A
- Regah Ventures (https://capitalatlas.ai/funds/regah-ventures) — Series A
- Mobilitech Capital (https://capitalatlas.ai/funds/mobilitech-capital) — Series A
- Stone Ventures (https://capitalatlas.ai/funds/stone-ventures) — Series A