Brain health platform Ivory has raised $1 million in a seed funding round from Draper Associates, SAGE Venture Fund, MoSJE, IFCI Ventures, and SIDBI. It was also featured on Shark Tank India last year.
The Mumbai-based startup had earlier raised $1 million in a funding round co-led by IIM-A Ventures and Capital A in April last year and $500K from Capital A in February 2024.
The proceeds will be utilised to strengthen the technology stack, expand clinical capabilities, and enhance product offerings, particularly in building scalable, evidence-based solutions, Ivory said in a press release.
Co-founded in early 2023 by Issac John and Rahul Krishnan, Ivory is a brain health startup focused on early detection and proactive cognitive care. By combining neuroscience, neuropsychology, and data-driven interventions, the platform helps individuals maintain and enhance their cognitive well-being.
The company offers clinical-grade cognitive assessments and personalised brain health solutions through its app, enabling users to track and optimise their cognitive health. It is supported by a multidisciplinary clinical team spanning neuroscience, neurology, general medicine, and neuropsychology.
Ivory is addressing a critical gap in India’s healthcare ecosystem by making cognitive screening accessible, trackable, and a part of routine preventive care. It has also been expanding partnerships across the healthcare ecosystem and recently collaborated with Metropolis Healthcare to launch the TruHealth Mind & Body package—an integrated preventive health offering that combines pathology diagnostics with neuroscience-based cognitive assessments.
The company may directly or indirectly compete with global platforms such as Cogstate, Altoida, Pearson, BrainCheck, and Linus Health. Additionally, it competes with traditional pen-and-paper assessments such as MoCA, MMSE, and ACE-III.