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Altoida Upsizes Its Series A Round To $20.3M To Advance Its First In Class Ai-Powered Neurocognitive Assessment Platform

PRIVATEMar 30, 2022

Round Type

Series A

WashingtonHardwareSoftwareData And AnalyticsHealth CareScience And EngineeringArtificial Intelligence

Description

Altoida, Inc., the precision neurology company pioneering non-invasive brain health measurement and neurological disease diagnostics with AI and augmented reality (AR), today announced that it has successfully raised an additional $14 million for its Series A round with new and existing investors. The investment was co-led by M Ventures (the corporate venture capital arm of Merck KGaA, Darmstadt, Germany) and Whitecap Venture Partners. New investors HonorHealth and BTOV participated in the round with existing investors Alpana Ventures, Hikma Ventures, Fyrfly, and VI Partners, bringing the total Series A funds raised to $20.3 million.

Quick answer

Altoida raised an undisclosed amount in a Series A round, dated March 30, 2022. Altoida is based in Washington, District Of Columbia, United States.

How much did Altoida raise?
Altoida raised an undisclosed amount in a Series A round on March 30, 2022.
What does Altoida do?
Altoida is pioneering precision neurology diagnostics to set a new gold standard for patient care.
Where is Altoida based and how big is it?
Altoida is based in Washington, District Of Columbia, United States.
Who are the decision-makers at Altoida?
Fundz holds 1 contact at Altoida. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Data And Analytics around the same time

Companies in the same sectors as Altoida that raised within 45 days of this round, from Fundz verified event records.

  • Sequentify raised $7M (Funding Round) on May 10, 2022.
  • IMPLICITY raised $23M (Funding Round) on April 27, 2022.
  • d-Matrix raised $44M (Funding Round) on April 20, 2022.
  • Zephyr AI, Inc. raised $18M on April 4, 2022.
  • Zephyr AI, Inc. raised $19M (Seed) on March 30, 2022.
  • Haystacks.Ai raised an undisclosed amount (Funding Round) on March 22, 2022.

Who to call at Altoida, and when

A new round usually means Altoida is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Altoida raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Altoida, from your own LinkedIn network

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Company Information

Company

Altoida

Location

Washington, District Of Columbia, United States

About

Altoida is pioneering precision neurology diagnostics to set a new gold standard for patient care. Our innovative AI-driven approach combines novel digital biomarkers with immersive augmented reality to evaluate cognition. The result is our validated device and evidence-based platform with more than 20 years of scientific research. Altoida is based in Washington, DC. For more information, visit www.altoida.com or follow @Altoida on Twitter.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Altoida raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.