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CorrActions - About the company

CorrActions is a series A company based in Tel Aviv (Israel), founded in 2019 by Eldad Hochman. It operates as a Software-based platform providing cognitive state monitoring solutions. CorrActions has raised $10M in funding from investors like OurCrowd, Volvo Cars and Next Gear Ventures. The company has 21 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like Inria, Cerenion and FireFly Neuroscience.

Company Details

Software-based platform providing cognitive state monitoring solutions. Its driver analyzer connects to multiple in-cabin motion sensors to monitor brain activity and human-machine interaction. It offers a motion-based, software-only driver-monitoring product that uses unconscious muscular submovements to monitor cognitive state.
Key Metrics
Founded Year
2019
Location
Tel Aviv, Israel
Stage
Series A
Total Funding
$10M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
16 as on Jul 01, 2024
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CorrActions's funding and investors

CorrActions has raised a total funding of $10M over 2 rounds. Its first funding round was on Nov 2019. Its latest funding round was a Series A round on Apr 24, 2023 for $*****. 8 investors participated in its latest round. CorrActions has 13 institutional investors.

Here is the list of recent funding rounds of CorrActions:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 24, 2023
7485268
Series A
3325220
8030585
9700792
8852389
Nov 2019
7183225
Seed
4582255
3639739
4422935
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CorrActions' founders and board of directors

Founder? Claim Profile
The founders of CorrActions is Eldad Hochman. Ilan Reingold is the CEO of CorrActions.
Here are the details of CorrActions' key team members:

CorrActions' employee count trend

CorrActions has 16 employees as of Jul 24. Here is CorrActions's employee count trend over the years:
Employee count trend for CorrActions
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CorrActions's Competitors and alternates

Top competitors of CorrActions include Inria, Cerenion and FireFly Neuroscience. Here is the list of Top 10 competitors of CorrActions, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Inria
Inria
1967, Le Chesnay Rocquencourt (France), Funding Raised
Software provider for BCI and real-time neurosciences
-
60/100
2nd
Logo for CorrActions
CorrActions
2019, Tel Aviv (Israel), Series A
Software-based platform providing cognitive state monitoring solutions
$10M
45/100
3rd
Logo for Cerenion
Cerenion
2017, Oulu (Finland), Seed
Provider of AI tools for analysis of brain function in intensive care
$2.82M
42/100
4th
Provider of AI-based analytics and imaging platform for neurological diseases
-
38/100
5th
Logo for Holberg EEG
Holberg EEG
2009, Bergen (Norway), Funding Raised
Software application for EEG assessment, reporting & database
-
36/100
6th
Logo for Neurostellar
Neurostellar
2021, Chennai (India), Seed
Provider or wearable device for monitoring EEG
$1.15M
32/100
7th
Logo for Intheon
Intheon
2013, San Diego (United States), Funding Raised
Cloud based middleware platform for biosignal interpretation to enable neurotechnology
-
31/100
8th
Logo for NeuroPype
NeuroPype
2015, San Diego (United States), Unfunded
Developer of a platform for real-time BCI processing
-
-
30/100
9th
Logo for NeuroCatch
NeuroCatch
2016, Surrey (Canada), Unfunded
Provider of digital solutions for brain assessment platform
-
-
29/100
10th
Logo for Epilog
Epilog
2016, Ghent (Belgium), Seed
Provider of software based solution for epilepsy diagnosis
$52.7K
28/100
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CorrActions's Investments and acquisitions

CorrActions has made no investments or acquisitions yet.

Reports related to CorrActions

Here is the latest report on CorrActions's sector:

News related to CorrActions

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