About ContinUse Biometrics
ContinUse Biometrics is a Technology company based in Tel Aviv (Israel) founded in 2015. Contactless biometric sensor for the continuous monitoring of biomedical parameters. It operates in the Technology, Healthcare, and Transportation, Automotive & Logistics sectors. ContinUse Biometrics has raised $21 million across 2 funding rounds from investors including Lenovo, Tyco and Chartered Group. Its focus areas include Consumer, Road Transport Tech, Driver Assistance and Travel and Hospitality Tech. Its competitors include Tyto Care and TriEye; 2 of its 2 listed competitors have raised funding.
Company details
ContiUse is focussed on the development of hands-free, contactless, biometric sensors for the identification and continuous monitoring of biomedical parameters including heart respiratory rate, blood flow dynamics, and muscle activity. Based on the research conducted at Bar-Ilan Valencia Universities, it has developed a sensor that utilizes patented methods for nano-level detection and analysis of vibrations associated with movement of internal organs and of molecules. Has applications in authentication (securing access, content and transactions by multi-factor authentication) health (for homecare, cars, elderly care) and wellness monitoring (telemedicine, general clinical care, disease tracking ). The technology does not have FDA approval as of September 2016.
- Total Equity Funding$21M (USD)
in 2 rounds
- Latest Funding Round$20M (USD), Series B
Mar 2018
- InvestorsLenovo
& 3 more
Funding Insights of ContinUse Biometrics
ContinUse Biometrics has successfully raised a total of $21M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in March 2018. 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 $21M
- Total Rounds 2
- Last Round Series B — $20M
- First Round $1M
(May 2016)
- Investors Count 4
All 2 funding rounds of ContinUse Biometrics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2018 | $20M | Series B | – | Chartered Group | – |
| May 2016 | $1M | Seed | – | Tyco |
4 investors in total: 4 institutional.
Investors in ContinUse Biometrics
ContinUse Biometrics has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Lenovo, Tyco and Chartered Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Chartered Group is involved in unspecified business activities. | charteredgroup.com | |||
Venture capital firm investing in the healthcare sector | otv.vc | Tel Aviv, Israel | ||
Fire, CCTV, and access control security solutions are provided. | 1960 | tyco.com | Princeton, United States | |
Diversified servers and hardware products are offered by Lenovo. | 1984 | lenovo.com | Hong Kong, China |
Investor details for ContinUse Biometrics
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People of ContinUse Biometrics
1 people are tracked at ContinUse Biometrics (1 in leadership).
| Name | Role | Group |
|---|---|---|
Zeev Zalevsky | Founder & CTO | Leadership |
Complete people profiles for ContinUse Biometrics
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Timeline of ContinUse Biometrics
3 dated milestones of ContinUse Biometrics across 3 years, from founding to its latest funding, stage changes and deals.
- Founded ContinUse Biometrics is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series B, of $20.0M.
Competitors of ContinUse Biometrics
ContinUse Biometrics has 2 listed competitors in our database, 2 of them funded. They include Tyto Care and TriEye.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tytocare.com | 2011 | Netanya, Israel | $199.5M | Medical consultations are facilitated via self-exams and remote diagnostic devices. | ||
| trieye.tech | 2017 | Israel | $96M | CMOS-based image sensors are developed for autonomous vision applications. |
Detailed competitors of ContinUse Biometrics
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Frequently Asked Questions about ContinUse Biometrics
ContinUse Biometrics was founded in 2015 and raised its 1st funding round 1 year after it was founded.
ContinUse Biometrics is headquartered in Tel Aviv, Israel.
ContinUse Biometrics is a funded company, having raised a total of $21M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on May 2016.
ContiUse is focussed on the development of hands-free, contactless, biometric sensors for the identification and continuous monitoring of biomedical parameters including heart respiratory rate, blood flow dynamics, and muscle activity. Based on the research conducted at Bar-Ilan Valencia Universities, it has developed a sensor that utilizes patented methods for nano-level detection and analysis of vibrations associated with movement of internal organs and of molecules. Has applications in authentication (securing access, content and transactions by multi-factor authentication) health (for homecare, cars, elderly care) and wellness monitoring (telemedicine, general clinical care, disease tracking ). The technology does not have FDA approval as of September 2016.
ContinUse Biometrics has 4 investors. Key investors include Lenovo, Tyco, Chartered Group, and OTV.