AISAP Raises $13 Million in Seed Round

by Kay Aloha Villamor in May 3rd, 2024

AISAP, a Tel Aviv, Israel-based company that developed an AI-powered Point of Care Assisted Diagnosis (POCAD) solution for the medical ultrasound industry, has raised $13 million in seed funding. 

Investors 

The round was led by Harel Insurance Investments & Financial Services Ltd. and Shoni Top Ventures, L.P. 

Harel Insurance Investments and Financial Services Ltd (Harel) is an Israel-based investment company mainly active in the insurance sector. The company offers insurance products and financial services, including investment management, mutual fund management, institutional brokerage services, investment services, and real estate services. 

Founded in 2021, Shoni Health Ventures is a corporate venture capital firm based in Ramat Gan, Israel. The firm focuses on early-stage investments in Digital Health and MedTech innovation. 

AISAP Use of Funds 

The company will use the funds to support product development, research, scale production, talent acquisition, and infrastructure strengthening. 

About AISAP

Founded by Adiel Am-Shalom, Ehud Raanani, and Ehud Schwammenthal, AISAP supports clinicians using Point-of-Care ultrasound with real-time acquisition guidance, immediate interpretation, and multi-organ diagnoses. Its POCAD™ solution transforms ultrasound diagnosis by providing AI-assisted, easy-to-understand results, overcoming the need for expert operators. The solution includes features such as an "urgency score" for prioritizing cases, quality measurement tools for scan operators, and Deep Learning AI capabilities for accurate readings even with lower-quality images.  

Funding Details 

Company: AISAP LTD. 

Raised: $13.0M 

Round: Seed Round 

Funding Month: May 2024 

Lead Investors: Harel Insurance Investments & Financial Services Ltd., Shoni Top Ventures, L.P 

Additional Investors:

Company Website: https://www.aisap.ai/ 

Software Category: Medical Ultrasound 

Source: https://www.prnewswire.com/news-releases/aisap-raises-13-million-in-seed-funding-for-first-ai-powered-point-of-care-ultrasound-diagnostic-solution-302134639.html 

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