CorrActions

Tel Aviv, Israel Founded: 2019 • Age: 7 yrs
Cognitive states are monitored via software platform and in-cabin sensors.
Annual revenue - Latest available
Total funding $7.2M 2 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About CorrActions

CorrActions is a company based in Tel Aviv (Israel) founded in 2019 by Eldad Hochman and Zvi Ginosar. CorrActions has raised $7.25 million across 2 funding rounds from investors including Volvo Cars, OurCrowd and Blackberry. CorrActions offers products and services including NeuroMonitor. CorrActions operates in a competitive market with competitors including Inria, Datakalab, Cerenion, Intheon and Neurostellar, among others.

  • Headquarter Tel Aviv, Israel
  • Founders Eldad Hochman, Zvi Ginosar
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.25 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7.25 M (USD), Series A

    Apr 24, 2023

  • Investors
    Volvo Cars

    & 8 more

  • Employee Count
    Not available
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Products & Services of CorrActions

CorrActions offers a comprehensive portfolio of products and services, including NeuroMonitor.

Product name locked
Category locked
Primary

AI system detects driver fatigue and intoxication via in-cabin sensors.

People of CorrActions

Headcount 1-10
Employee Profiles 4
Employee Profiles
People
Ilan Reingold
CEO
People
Yishai Binnes
Director Of Business Development And Sales
People
Noa Zinman
Business Development Manager

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Funding Insights of CorrActions

CorrActions has successfully raised a total of $7.25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.25 million completed in April 2023. 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.

Investors in CorrActions

CorrActions has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Volvo Cars, OurCrowd and Blackberry.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage mobility ventures are supported by Next Gear Ventures.
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Venture capital is invested in multiple sectors by Regah Ventures.
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Investor details for CorrActions

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by CorrActions

Investments
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Investment portfolio details for CorrActions

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  • Portfolio identities
  • Transaction dates
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Financial Statements - CorrActions

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Detailed financials for CorrActions

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  • Profit trends
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Corractions Comparisons

CorrActions Primary company
Description
Cognitive states are monitored via software platform and in-...
Location
Tel Aviv, Israel
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CorrActions

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of CorrActions

CorrActions 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 Inria, Datakalab, Cerenion, Intheon and Neurostellar, among others.

Company Name Domain Founded year HQ Location Description
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Software for brain-computer interfaces and neurosciences is developed.
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Consumer behavior and emotions are analyzed via neuroscientific tools.
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Provider of AI tools for analysis of brain function in intensive care
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Cloud-based middleware for biosignal interpretation in neurotechnology is developed.
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Wearable EEG devices for epileptic seizure monitoring are provided.
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Detailed competitors of CorrActions

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  • Domains and locations
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Latest news on Corractions

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Complete news archive for CorrActions

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about CorrActions

CorrActions was founded in 2019.

CorrActions is headquartered in Tel Aviv, Israel.

Ilan Reingold is the current CEO of CorrActions.

CorrActions is a funded company, having raised a total of $7.25M across 2 funding rounds to date.

CorrActions was founded in 2019 in Tel Aviv, Israel, within the automotive technology sector. A software-based platform is developed to deliver cognitive state monitoring solutions. The driver analyzer is integrated with multiple in-cabin motion sensors for tracking brain activity and human-machine interactions. Operations focus on a motion-based, software-only product that analyzes unconscious muscular submovements to assess driver cognitive states.

CorrActions's top competitors include Inria, Cerenion and Neurostellar.

CorrActions offers NeuroMonitor.

CorrActions has 9 investors. Key investors include Volvo Cars, OurCrowd, Blackberry, Next Gear Ventures, and MobiliTech.

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