About RetiSpec
RetiSpec is a company based in Tel Aviv (Israel) founded in 2015.. RetiSpec has raised $10 million across 3 funding rounds from investors including Lilly, Gentex and University of Minnesota. RetiSpec offers products and services including Hyperspectral Imaging Technology and Retinal Scanner. RetiSpec operates in a competitive market with competitors including Tobii Dynavox, Inscopix, Neurotrack, Brainomix and Artiria, among others.
- Headquarter Tel Aviv, Israel
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Sectors
HealthcareTechnology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Retispec Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series A
Jul 26, 2024
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Investors
Lilly
& 8 more
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Employee Count
Employee Count
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Products & Services of RetiSpec
RetiSpec offers a comprehensive portfolio of products and services, including Hyperspectral Imaging Technology and Retinal Scanner. 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.
AI-based system for detecting Alzheimer's via retinal scans.
Non-invasive tool for early identification of brain amyloid build-up.
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Funding Insights of RetiSpec
RetiSpec has successfully raised a total of $10M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in July 2024. 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 Funding
- Total Rounds 3
- Last Round Series A — $10.0M
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First Round
First Round
(21 Jun 2017)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - RetiSpec | Valuation | iGan Partners | |
| Oct, 2019 | Amount | Grant - RetiSpec | Valuation |
investors |
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| Jun, 2017 | Amount | Grant - RetiSpec | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in RetiSpec
RetiSpec has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Lilly, Gentex and University of Minnesota. 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.
| Investor | Description | Founded Year | Domain | Location |
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Healthcare-focused venture capital is provided by iGan Partners.
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Founded Year | Domain | Location | |
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Brain research and care innovation is driven in Ontario.
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Founded Year | Domain | Location | |
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Innovation in aging and brain health is driven by CABHI.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RetiSpec
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RetiSpec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Retispec Comparisons
Competitors of RetiSpec
RetiSpec 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 Tobii Dynavox, Inscopix, Neurotrack, Brainomix and Artiria, 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 |
Assistive communication solutions via eye-tracking are provided for differently-abled individuals.
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| domain | founded_year | HQ Location |
Miniscope platforms are developed for decoding brain neural circuits.
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| domain | founded_year | HQ Location |
Neurological disorders are diagnosed using eye-tracking assessment tools.
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| domain | founded_year | HQ Location |
AI-powered imaging biomarkers are provided for precision medicine applications.
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| domain | founded_year | HQ Location |
Micro-navigation systems for stroke surgery are developed.
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| domain | founded_year | HQ Location |
Brain monitoring devices and analytics platforms are developed and provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Retispec
Frequently Asked Questions about RetiSpec
When was RetiSpec founded?
RetiSpec was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is RetiSpec located?
RetiSpec is headquartered in Tel Aviv, Israel.
Is RetiSpec a funded company?
RetiSpec is a funded company, having raised a total of $10M across 3 funding rounds to date. The company's 1st funding round was a Grant of $50K, raised on Jun 21, 2017.
What does RetiSpec do?
RetiSpec was an early stage medical device startup developing a non-invasive eye scanner for early detection of Alzheimers Disease. The company was selected as the finalists at the MassChallenge Boston accelerator had won 1st place at the JNF Lions-Den competition in Toronto at the 2016 Partners Connected Health and AARP startup competition in Boston. As of Jan 2017, the company hasnt disclosed its product development details.
Who are the top competitors of RetiSpec?
RetiSpec's top competitors include NovaSight, CND Life Sciences and NeuroKaire.
What products or services does RetiSpec offer?
RetiSpec offers Hyperspectral Imaging Technology and Retinal Scanner.
Who are RetiSpec's investors?
RetiSpec has 9 investors. Key investors include Lilly, Gentex, University of Minnesota, Alzheimer's Drug Discovery, and iGan Partners.
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