Mental-health treatment monitor

Today’s featured startup is led by founders who sought a solution for the challenges they faced as a family. Their patented technology could improve the lives of ADHD patients and their families everywhere, by ensuring they receive accurate treatment and and dosages. 

Company name: Iluria Ltd.

Website: iluriahealth.com

What they do:
Managing medical treatment for most mental health disorders is often ineffective since it is based on subjective reporting and trial-and-error processes, resulting in sub-optimal treatment and low compliance.
To address this problem, Iluria’s patented precision medicine platform leverages wearable technology to monitor and optimize ADHD treatment using real-time physiological data. Iluria reduces trial and error in medication management, significantly improving patient outcomes and adherence to treatment processes.

Why now:
The COVID-19 pandemic triggered a dramatic increase in the prevalence of many mental health disorders. One of the main problems is the lack of tools for personalizing medication regimens.

Team highlights:

Birkat Klimshtein Levy and Hagay Levy are a husband-and-wife team with 4 children with ADHD. They are supported by clinical researchers and tech innovators. 

Traction:

• Completed 3 successful studies/clinical trials (Clalit Health Services (Israel); Medea La Nostra Famiglia (Italy); and Cincinnati Children's Hospital Medical Center (Ohio, US). The full results are set to be presented in peer-reviewed journals in 2025.

• The first version of their solution is now in pilots with leading healthcare providers. 

Competitive edge/moats:

• Patents: (i) in the treatment of ADHD - US and China patents granted and national phases in additional territories; and (ii) in the treatment of anxiety and depression - now in the national phase.

• The solution was tested in several pilots with machine learning models trained over significant data sets. 

Capital raised:
$1.5M raised to date. Notable investors: Health Wildcatters, Pareto Holdings, Exit Valley (Israel).

Contact:
To inquire about investment and business opportunities, contact Hagay Levy, co-founder and CEO, or request an introduction by replying to this email.parties).

Happy Holidays!
Tzakhi and Chosen.Ventures team

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