WizeCare Technologies Ltd. Company Profile

Background

Founded in 2012, WizeCare Technologies Ltd. is a health technology company specializing in cloud-based telerehabilitation solutions. The company's mission is to revolutionize physical therapy by providing intelligent, accessible, and engaging rehabilitation experiences directly to patients' homes. By leveraging artificial intelligence (AI), computer vision, and augmented reality, WizeCare aims to enhance patient outcomes and quality of life for individuals with acute and chronic conditions.

Key Strategic Focus

WizeCare's strategic focus centers on delivering personalized, remote physical therapy through its innovative platform. The company specializes in:

Evaluation: Utilizing MoveAI™ technology to detect and analyze live movement patterns via mobile device cameras, measuring parameters such as range of motion, velocity, tremor, sway, and efficiency.

Diagnosis: Employing AI-driven analysis of clinical data to provide automated diagnoses, enabling timely and accurate treatment plans.

Treatment: Offering AI-supported decision-making tools that generate optimal care plans, facilitating virtual sessions through HIPAA-compliant video and messaging communications.

Management: Providing a clinician portal for comprehensive patient management, including tailored care plans, remote monitoring, and real-time feedback.

These capabilities target the growing demand for remote healthcare solutions, addressing challenges such as limited access to in-person therapy and the need for standardized, measurable care.

Financials and Funding

As of May 2025, WizeCare Technologies Ltd. has raised a total of $1 million in funding over four rounds, with the latest round occurring on May 1, 2020. The company's annual revenue is reported to be approximately $2 million, and it employs around 16 individuals.

Technological Platform and Innovation

WizeCare's platform is distinguished by its proprietary MoveAI™ technology, which utilizes AI movement detection, big data analysis, and deep learning to offer intuitive and engaging rehabilitation experiences. Key features include:

MoveAI™ Technology: Enables accurate measurement and analysis of patient movements without the need for external sensors or hardware, providing real-time feedback and personalized exercise guidance.

AI Decision Support: Continuously analyzes clinical data to auto-generate optimal care plans, enhancing treatment quality and efficiency.

Patient Engagement: Offers an interactive patient app that delivers virtual reality video sessions, driving engagement and adherence to prescribed programs.

Leadership Team

Roy Shteren: CEO & Co-Founder

Shai David: CTO & Co-Founder

Yaara Dror: Chief Business Officer

Assaf Stern: VP of Product

Nisha Bhalla: VP of Operations

Bella Kuchuk: Head of Clinical Affairs

These leaders bring diverse expertise in technology, business development, product management, operations, and clinical affairs, driving WizeCare's mission to transform physical rehabilitation.

Competitor Profile

Market Insights and Dynamics

The global telerehabilitation market is experiencing significant growth, driven by increasing demand for remote healthcare solutions, advancements in AI and telehealth technologies, and the need for cost-effective, accessible rehabilitation services. WizeCare operates within this dynamic landscape, offering innovative solutions to meet evolving patient and provider needs.

Competitor Analysis

Key competitors in the telerehabilitation and digital health space include:

Savonix: Develops mobile neurocognitive assessment and brain health platforms.

Isabel Healthcare: Provides clinical reasoning support tools.

Symptoma: Offers digital health assistants and symptom checkers.

Avalon Healthcare Solutions: Develops lab insights platforms.

These companies focus on various aspects of digital health, from cognitive assessments to clinical decision support, contributing to a competitive and rapidly evolving market.

Strategic Collaborations and Partnerships

WizeCare has established significant partnerships to enhance its offerings and expand its reach:

Mayo Clinic: Entered into a know-how and research agreement to develop a home-based cardiac rehabilitation program, leveraging WizeCare's technology and Mayo Clinic's clinical expertise.

Clalit Health Services: Collaborated on remote rehabilitation in physical therapy, a project that won the 2022 IT Award for "Best in Computing" in the category of Digital Transformations and Innovation.

Accessible Home Health Care: Integrated WizeCare's remote patient monitoring and telerehabilitation platform into its suite of technology solutions, enhancing home health care services.

Operational Insights

WizeCare's strategic partnerships and innovative technology position the company as a leader in the telerehabilitation market. By focusing on AI-driven, personalized care solutions, WizeCare differentiates itself from competitors and addresses critical challenges in physical therapy accessibility and effectiveness.

Strategic Opportunities and Future Directions

Looking ahead, WizeCare is poised to capitalize on the growing demand for remote healthcare solutions. Potential opportunities include:

Expansion of Service Offerings: Developing additional rehabilitation programs for various conditions, leveraging the flexibility of the MoveAI™ platform.

Geographic Expansion: Entering new markets to provide accessible rehabilitation services globally.

Technological Advancements: Continuing to enhance AI capabilities and integrating emerging technologies to improve patient outcomes and engagement.

By building on its current strengths and strategic partnerships, WizeCare is well-positioned to drive innovation and growth in the telerehabilitation industry.