Altoida

Lucerne, Switzerland Founded: 2016 • Age: 10 yrs
Provider of a AI-based app which can predict the onset of Alzheimers
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About Altoida

Altoida is a company based in Lucerne (Switzerland) founded in 2016 by Richard Fischer and Maximilian Buegler.. Altoida has raised $20.3 million across 5 funding rounds from investors including M-Ventures, Whitecap VP and HonorHealth. Altoida offers products and services including NeuroMarker Platform and Digital Cognitive Assessment. Altoida operates in a competitive market with competitors including BrainCheck, Thymia, Cognivue, NEUROPHET and MindPortal, among others.

  • Headquarter Lucerne, Switzerland
  • Founders Richard Fischer, Maximilian Buegler
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Altoida Inc
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $20.3 M (USD)

    in 5 rounds

  • Latest Funding Round
    $14 M (USD), Series A

    Mar 28, 2022

  • Investors
    M-Ventures

    & 10 more

  • Employee Count
    Employee Count
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Products & Services of Altoida

Altoida offers a comprehensive portfolio of products and services, including NeuroMarker Platform and Digital Cognitive Assessment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tool for early detection of cognitive decline using sensor-based tasks.

Self-administered test for rapid evaluation of brain health in 10 minutes.

People of Altoida
Headcount 10-50
Employee Profiles 20
Employee Profiles
People
Silvia Fallone
Senior Data Scientist
People
Maximilian Bügler
CTO
People
Marc Jones
Chief Executive Officer And Board Director
People
M. Florencia Iulita
Head Medical Strategy and Operations

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Funding Insights of Altoida

Altoida has successfully raised a total of $20.3M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $14 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series A — $14.0M
  • First Round

    (01 Jun 2016)

  • Investors Count 11
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Series A - Altoida Valuation M Ventures , Whitecap Venture Partners
Jul, 2021 Amount Series A - Altoida Valuation Eisai Innovation
May, 2020 Amount Series A - Altoida Valuation Hikma Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Altoida

Altoida has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include M-Ventures, Whitecap VP and HonorHealth. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm investing in multiple sectors
Founded Year Domain Location
Whitecap VP is engaged in venture capital investments for startups.
Founded Year Domain Location
Hikma Ventures is focused on digital health investments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Altoida

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Altoida

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Altoida Comparisons

Employees
+
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Competitors of Altoida

Altoida operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BrainCheck, Thymia, Cognivue, NEUROPHET and MindPortal, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cognitive health is tracked via mobile interactive games.
domain founded_year HQ Location
AI-based video games are developed for mental health assessments.
domain founded_year HQ Location
Offering embedded vision processing solutions
domain founded_year HQ Location
AI-based simulation software for electrical brain stimulation is developed.
domain founded_year HQ Location
A wearable device for brain analysis and assessment is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Altoida

Frequently Asked Questions about Altoida

When was Altoida founded?

Altoida was founded in 2016.

Where is Altoida located?

Altoida is headquartered in Lucerne, Switzerland. It is registered at Lucerne, Lucerne, Switzerland.

Who is the current CEO of Altoida?

Richard Fischer is the current CEO of Altoida. They have also founded this company.

Is Altoida a funded company?

Altoida is a funded company, having raised a total of $20.3M across 5 funding rounds to date.

What does Altoida do?

Altoida was founded in 2016 and is based in Lucerne, Switzerland. An AI-driven mobile application is offered by the company to forecast the early stages of Alzheimers disease. Interactive activities are incorporated to measure neuromotor biomarkers, which are processed for diagnostic insights. Operations are centered in the digital health sector, with a focus on neurodegenerative conditions and preventive assessments.

Who are the top competitors of Altoida?

Altoida's top competitors include BrainCheck, NEUROPHET and Cambridge Cognition.

What products or services does Altoida offer?

Altoida offers NeuroMarker Platform and Digital Cognitive Assessment.

Who are Altoida's investors?

Altoida has 11 investors. Key investors include M-Ventures, Whitecap VP, HonorHealth, Hikma Ventures, and Alpana Ventures.

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