“Altoida has the potential to be a ubiquitous Alzheimer’s screening and monitoring tool that is safe, effective and leads to better patient outcomes, and as rolled out more broadly, could significantly lower health care costs,” said Philipp Stauffer, Co-Founder and Managing Director at FYRFLY Venture Partners. “Unlike other detection solutions that collect passive data or only focus on a single behavior, Altoida collects a wide range of ‘active’ digital biomarkers as the patient is moving and completing tasks. They’ve amassed a vast dataset that not only helps them diagnose Alzheimer’s with unprecedented accuracy, but is tremendously valuable for ongoing research.”

“Altoida is at the forefront of a new era to leverage Artificial Intelligence and Machine Learning to assess brain health,” said Alexander Hoffmann, Principal, New Businesses at M Ventures. “Our investment reflects our belief that digital biomarkers are the future and might lead to earlier diagnosis, and potentially better supportive care for a wide range of brain diseases. Altoida promises to deepen our understanding of brain health and contribute with positive impact on medicine and society.”