Ivory: Pioneering Brain Health with Innovative Funding
Brain health is at the forefront of innovation, with the startup Ivory successfully securing $1 million in its latest funding round. This significant investment was co-led by IIM-A Ventures and Capital A, with additional contributions from 1Crowd, Stanford Angels, and a collection of angel investors, including notable figures such as Dr. Sanjay Arora, Adarsh Narahari, and Juhi Bhatnagar.
Earlier in February 2024, the agetech startup witnessed robust growth, having raised $500K in a prior funding round led by early-stage venture capital fund Capital A.
The funds raised will be utilised to enhance Ivory’s cognitive assessment technology and broaden its distribution network throughout India. The dedicated team plans to extend its footprint into various regions, boost AI capabilities for more tailored assessments, and invest in research aimed at establishing cognitive health benchmarks tailored specifically for Indian demographics.
Background of Ivory: Focused on Cognitive Health
Founded in October 2022 by the entrepreneurial duo Issac John and Rahul Krishnan, Ivory is committed to the early identification of cognitive decline. Utilizing digital assessments rooted in neuroscience, the company seeks to tackle the widespread issue of underdiagnosis of cognitive impairments and create preventive solutions for neurodegenerative diseases.
Innovative Solutions and Collaborations
Ivory delivers clinical-grade cognitive screening accessible through its user-friendly app. Additionally, the startup collaborates with healthcare professionals, psychologists, insurance companies, and prominent brands such as Ather Energy, WeWork, and PUMA.
Recently, Ivory unveiled its Brain Health Report, gaining visibility through its participation in Shark Tank India Season 4. Ivory proudly offers FDA-registered assessments and brain training features via its app, further solidifying its commitment to brain health. The startup enjoys the support of investors, including 1Crowd, Stanford Angels, and TDV Partners.