Reyedar

Medtech startup that combines eye tracking and A.I. to provide fast, objective, and patient-friendly diagnostic tools.

General Information
Company Name
Reyedar
Founded Year
2020
Location (Offices)
The Netherlands +1
Founders / Decision Makers
Number of Employees
9
Industries
Health Care, Manufacturing, Medical Devices
Funding Stage
Seed
Social Media

Reyedar - Company Profile

Reyedar is a medtech startup founded in 2019, with a mission to revolutionize the diagnostic tools in the healthcare industry. By leveraging the power of eye tracking technology and artificial intelligence, the company aims to provide fast, objective, and patient-friendly diagnostic tools for visual impairments and neurodegenerative disorders such as Glaucoma, Parkinson's Disease, and Multiple Sclerosis. Reyedar addresses the critical need for accurate detection of early symptoms, which is often challenging with current screening tests due to invasiveness, time consumption, and unreliability in certain clinical populations. The innovative algorithm developed by Reyedar extracts biomarkers from eye movements, enabling the identification of potential underlying neurological conditions and facilitating visual assessments such as "perimetry" in just 5 minutes, a process that would typically take a couple of hours. This approach combines high-speed oculography and machine learning to translate eye movement patterns into actionable medical insights, thus significantly reducing the healthcare expenditure related to misdiagnosed disorders and preventing severe deteriorations in patients due to delayed diagnosis. Reyedar's recent milestone includes securing a substantial €3.00M Venture Round investment on 05 July 2023 from prominent investors including Cottonwood Technology Fund, UNETI Ventures, NV NOM, Blue Sparrows MedTech Funds, and Pupil Labs. With its headquarter in The Netherlands, Reyedar's groundbreaking approach to medtech signifies a promising venture with the potential to make a significant impact in the healthcare and manufacturing industries. For further insights or collaboration opportunities, visit www.reyedar.com.

Taxonomy: Medtech, Eye tracking, Diagnostic tools, Visual impairments, Neurodegenerative disorders, Glaucoma, Parkinson's Disease, Multiple Sclerosis, Early detection, Biomarkers, Oculography, Machine learning, Neuroimaging, Medical technology

Funding Rounds & Investors of Reyedar (2)

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Funding Stage Amount No. Investors Investors Date
Seed Round €3.00M 5 Blue Sparrows MedTech Funds, Pupil Labs 05 Jul 2023
Venture Round Unknown 1 Blue Sparrows MedTech Funds 05 Nov 2020

Latest News of Reyedar

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No recent news or press coverage available for Reyedar.

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