How Much Did CorrActions Raise?
Funding & Key Investors

CorrActions, a neuroscience technology startup, has secured significant capital, with its total funding reaching $10M. The company recently announced a major strategic investment of $7.3M as part of its Series A financing round, underscoring its progress in the human-machine interface sector. This latest capital infusion is expected to accelerate the company's growth and further its development of AI-driven neuroscience solutions.

What is CorrActions?

CorrActions
SoftwareEngineering Software

CorrActions is an innovative neuroscience technology startup headquartered in Jerusalem, Israel. The company specializes in developing advanced AI software solutions designed to address a range of Human-Machine interface challenges. By leveraging cutting-edge artificial intelligence and a deep understanding of neuroscience, CorrActions aims to create more intuitive and effective ways for humans to interact with technology, positioning itself at the forefront of a rapidly evolving market.

How much funding has CorrActions raised?

CorrActions has raised a total of $9.9M across 2 funding rounds:

2021

Angel/Seed

$2.7M

2023

Series A

$7.3M

Angel/Seed (2021): $2.7M with participation from Israeli Innovation Authority, VentureIsrael, and Operator Partners

Series A (2023): $7.3M led by Stone Ventures Partners, Next Gear Ventures, OurCrowd, Volvo Group, BlackBerry, Regah Ventures, and NextLeap Ventures

Key Investors in CorrActions

Stone Ventures Partners

Stone Ventures Partners is a venture capital firm that specializes in business investment and company acquisitions, focusing on established, profitable businesses with market niches. They aim to back strong teams and provide funding for growth, with a long-term perspective on building stable businesses.

Next Gear Ventures

Next Gear Ventures invests in early-stage ventures pioneering sustainable and smart mobility solutions, supporting entrepreneurs in areas like sustainable cities and clean electric propulsion. They foster growth and innovation in the mobility sector.

OurCrowd

OurCrowd is an investment platform that enables accredited investors and institutions to invest in startups and venture funds, with a focus on early-stage companies and a presence in Israel.

What's next for CorrActions?

With the recent Series A financing, CorrActions is poised for significant expansion and technological advancement. The substantial capital injection, described as a major strategic investment, signals strong investor confidence in the company's vision and its potential to disrupt the human-machine interface market. This funding will likely be directed towards enhancing its AI software capabilities, expanding its research and development efforts, and scaling its operations to meet growing market demand. The company's trajectory suggests a focus on solidifying its market position and exploring new applications for its neuroscience technology.

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Frequently Asked Questions Regarding CorrActions Financial Insights

What are the most recent funding rounds that CorrActions has completed, and what were the funding rounds?
CorrActions has recently completed 2 funding rounds: Series A on Dec 12, 2023, Angel/Seed on May 27, 2021.
What is the total amount of funding CorrActions has raised to date?
CorrActions has raised a total of $9.9M in funding to date.
How many funding rounds has CorrActions completed?
CorrActions has completed 2 funding rounds.
How much funding did CorrActions raise in its most recent funding round?
CorrActions raised $7.3M in its most recent funding round.
Who are the lead investors in CorrActions's latest funding round?
The lead investor in CorrActions's latest funding round was Stone Ventures Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CorrActions's history?
The largest funding round in CorrActions's history was $7.3M.
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