# Neteera Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neteera-technologies

- Industry: Healthcare IT
- Headquarters: Jerusalem, Israel
- Website: www.neteera.com
- Total disclosed funding: $26M
- Latest round: Series B (Oct 31, 2023)
- Investors on record: 10

## About

Neteera Technologies Ltd., based in Israel, focuses on innovative patient monitoring solutions. Its flagship product utilizes radar technology for continuous, contactless monitoring of vital signs, enhancing healthcare delivery without disturbing patients.Neteera Technologies Ltd. is a developer of advanced patient monitoring systems, founded in 2015 and headquartered in Jerusalem, Israel. The company was co-founded by Haim Goldberger and Isaac Litman, who has also been involved in previous ventures. As of October 31, 2023, Neteera successfully raised USD 6.7 mn in a Series B funding round, co-led by Aescuvest and Foxconn Technology Group, contributing to its total funding raised of USD 6.7 mn across 5 deals.Neteera specializes in advanced patient monitoring solutions, with its core product being the Neteera System—a contactless, radar-based device designed for continuous monitoring of vital signs and activity. This system unobtrusively mounts on ceilings or walls, focusing on the patient's bed location to detect micro-movements associated with heartbeats and respiratory patterns, thus facilitating real-time data collection without disturbing the patient. The device monitors heart rate, respiratory rate, depth, bed exit and entry, and position changes, enabling healthcare providers to proactively manage patient care and reduce the risk of complications such as falls or pressure ulcers. Neteera's technology is applicable across various healthcare settings, targeting hospitals, nursing homes, and outpatient facilities. The company serves a diverse client base that includes healthcare providers and facility operators in North America and Europe, promoting innovative healthcare delivery and enhancing patient outcomes.Neteera's revenue is primarily generated through direct sales of its Neteera System to healthcare facilities, as well as potential subscription models for ongoing system support and software updates. The company engages in B2B transactions, collaborating with healthcare providers who integrate its monitoring technology into their clinical workflows. Clients typically enter into agreements that include the initial purchase of the monitoring system, with subsequent subscriptions for access to data analytics and patient insights through a centralized dashboard. The pricing structure is designed to accommodate the varying needs of healthcare facilities, enabling them to optimize patient care while managing operational efficiency. This strategic approach allows Neteera to build long-term partnerships within the healthcare sector, ensuring continuous support and innovation in patient monitoring solutions.In October 2023, Neteera Technologies Ltd. raised USD 6.7 mn in Series B funding, which is part of a larger USD 19.7 mn Series B funding round. The company plans to utilize these funds to increase its production capacity and hire additional installation and deployment staff, supporting its strategy to enhance operational capabilities. Neteera is also focused on expanding its market reach, with plans to introduce new products and services aimed at further enhancing patient monitoring solutions in various healthcare settings.

## Funding rounds

- Series B, Oct 31, 2023, $6.7M — Foxconn Technology Group, Aescuvest
- Series B, Apr 12, 2023, $13M — Omega Healthcare Investors, Inc., Aescuvest, Nanz Handelsimmobilien, Esas Private Equity, Premium Vitals
- Series A, Mar 1, 2022 — Northwell Holdings, Ascend
- Seed, Oct 4, 2017, $6.5M — Plug and Play, Q Venture Partners

## Investors

- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Q Venture Partners (https://capitalatlas.ai/funds/q-venture-partners) — Seed
- Northwell Holdings (https://capitalatlas.ai/funds/northwell-holdings) — Series A
- Ascend — Series A
- Omega Healthcare Investors, Inc. — Series B
- Aescuvest (https://capitalatlas.ai/funds/aescuvest) — Series B
- Nanz Handelsimmobilien — Series B
- Esas Private Equity — Series B
- Premium Vitals — Series B
- Foxconn Technology Group — Series B