Neura Health

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Overview

Neura Health is a virtual neurology clinic founded in 2020 by Elizabeth Burstein and Sameer Madan, with its headquarters in New York, NY. The platform aims to enhance access to neurological care using technology, offering patients video consultations with board-certified neurologists for conditions such as migraines, headaches, and sleep disorders. Neura Health has raised $10.3 million in funding with key investors including Koch Disruptive Technologies and Norwest Venture Partners. The platform integrates personalized treatment plans and symptom tracking, making neurological care accessible and convenient.

Recent Developments

  • November 2024: Neura Health launched a partnership allowing Koch employees to access its services as a health benefit, enhancing access to virtual neurological consultations for an expanded user base.
  • September 2024: As part of its ongoing innovation efforts, Neura Health introduced new features to streamline patient-physician interactions and to integrate real-time data monitoring using their virtual platform.
  • May 2023: Neura Health secured $8M in financing led by Koch Disruptive Technologies and Norwest Venture Partners, aimed at expanding its market reach to employers and health plans.
  • March 2023: The virtual neurology clinic was recognized in Fast Company’s World Changing Ideas Awards for the second consecutive year, reflecting its innovative impact on neurological care.
  • September 2022: Neura Health expanded its offerings to cover additional neurological conditions, including epilepsy and Parkinson’s disease, widening its scope beyond migraines and headaches.

Company Information

AttributeInformation
Founding Date2020
HeadquartersNew York, NY
FoundersElizabeth Burstein, Sameer Madan
RevenueNot publicly disclosed
ProfitsNot publicly disclosed
Key InvestorsKoch Disruptive Technologies, Norwest Venture Partners, UCSF Rosenman Institute
IndustryClinics/Outpatient Services
Number of Employees29

Early History

Neura Health was co-founded by Elizabeth Burstein and Sameer Madan in 2020, after experiencing the challenges faced by patients requiring neurological consultation and care. The personal motivation stemmed from Burstein's own struggles with a chronic neurological condition and her experience in the health tech domain. This background facilitated the integration of technology to address substantive gaps in traditional neurological care. The company quickly positioned itself as a pioneer in tele-neurology by streamlining access to specialists and reducing wait times for consultations from months to mere days.

Company Profile and Achievements

Neura Health operates with a core mission to revolutionize access to neurological care through digital means. Its virtual platform offers comprehensive services:

  • Symptom Tracking: Allows users to record and monitor symptoms, aiding in early diagnosis and personalized care strategies.
  • Video Consultations: Patients can book appointments with board-certified neurologists, with an average waiting period reduced to 48 hours.
  • Care Teams: Each patient is supported by a dedicated care team including neurologists and health coaches, ensuring continuous personalized treatment and life management strategies.
  • User Outcomes: Published studies showcase a significant reduction in emergency room visits and symptom frequency, underscoring the efficacy of Neura Health's approach.

Current Operations and Market Position

Neura Health continues to consolidate its presence in the telehealth industry with strategic partnerships and expansions. By leveraging technology, it caters to both individual patients and corporate clients, offering employers a unique health benefit solution designed to improve worker productivity. The company's innovative approach has positioned it as a leader in digital health, particularly in managing chronic neurological conditions across the U.S.

Conclusion

Neura Health represents a crucial advancement in the neurology sector, addressing a significant gap in healthcare access and convenience. With its innovative platform and strong backing from major investors, Neura Health is poised to continue its growth trajectory, potentially setting new standards in patient-centered neurological care. The company's ongoing expansion into enterprise solutions and its commitment to leveraging technology for better healthcare outcomes highlight its potential to make a lasting impact on the industry.

References

  1. Neura Health Company Profile 2024: Valuation, Funding & Investors
  2. Neura Health Secures $8M in Financing to Support Go-To-Market Expansion to Employers and Health Plans
  3. Elizabeth Burstein on LinkedIn: Neura Health is now available as a new employee health benefit
  4. Neura Health Raises $2.2M to Improve Access and Quality of Care for Neurologic Conditions
  5. Neura Health Company Profile Overview