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BrainCheck raises $8 million to digitize cognitive/ neuropsychological assessments and better serve the aging population

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This start­up just raised $8 mil­lion to help busy doc­tors assess the cog­ni­tive health of 50 mil­lion seniors (TechCrunch):

…star­tups increas­ing­ly rec­og­nize oppor­tu­ni­ties to cater to this aging pop­u­la­tion. Some are devel­op­ing prod­ucts to sell to indi­vid­u­als and their fam­i­ly mem­bers direct­ly; oth­ers are com­ing up with ways to empow­er those who work direct­ly with old­er Amer­i­cans.

BrainCheck, a 20-per­son, Hous­ton-based start­up whose cog­ni­tive health­care prod­uct aims to help physi­cians assess and track the men­tal health of their patients, is among the lat­ter. Investors like what it has put togeth­er, too. Today, the start­up is announc­ing $8 mil­lion in Series A fund­ing co-led by S3 Ven­tures and Ten­sil­i­ty Ven­ture Part­ners.

We talked ear­li­er today with BrainCheck co-founder and CEO Yael Katz…

TC: You’re a neu­ro­sci­en­tist. You start­ed Bri­anCheck with David Eagle­man, anoth­er neu­ro­sci­en­tist and the CEO of NeoSen­so­ry, a com­pa­ny that devel­ops devices for sen­so­ry sub­sti­tu­tion. Why? What’s the oppor­tu­ni­ty here?

YK: We looked across the land­scape, and we real­ized that most cog­ni­tive assess­ment is [han­dled by] a sub­spe­cial­ty of clin­i­cal psy­chol­o­gy called neu­ropsy­chol­o­gy, where patients are giv­en a series a tests and each is designed to probe a dif­fer­ent type of brain func­tion — mem­o­ry, visu­al atten­tion, rea­son­ing, exec­u­tive func­tion. They mea­sure speed and accu­ra­cy, and based on that, deter­mine whether there’s a deficit in that domain. But the tests were clas­si­cal­ly done on paper and it was a lengthy process. We dig­i­tized them and gam­i­fied them and made them acces­si­ble to every­one who is upstream of neu­ropsy­chol­o­gy, includ­ing neu­rol­o­gists and pri­ma­ry care doc­tors.

We cre­at­ed a tech solu­tion that pro­vides clin­i­cal deci­sion sup­port to physi­cians so they can man­age patients’ cog­ni­tive health. There are 250,000 pri­ma­ry care physi­cians in the U.S. and 12,000 neu­rol­o­gists and [they’re con­fronting] what’s been called a sil­ver tsuna­mi. With so many becom­ing elder­ly, it’s not pos­si­ble for them to address the need of the aging pop­u­la­tion with­out tech to help them.” » Keep read­ing HERE

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As seen in The New York Times, The Wall Street Journal, BBC News, CNN, Reuters,  SharpBrains is an independent market research firm tracking how brain science can improve our health and our lives.

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