Gabify Secures Pre-Seed Funding
Gabify, an Indian healthtech startup focusing on early autism screening, has successfully raised $175,000 in a pre-seed funding round. This round was led by Inflection Point Ventures (IPV) and marks a significant step for the company in its mission to tackle neurodevelopmental challenges in children through AI-powered solutions.
Company Overview
Gabify offers a platform that utilizes artificial intelligence to provide early screening for autism in India. By detecting developmental delays early, the company aims to offer expert guidance to support children's healthy development. Gabify's technology integrates dual-AI systems, combining voice and vision analysis to assess speech patterns, facial expressions, and behaviors. This comprehensive approach is built upon 189+ clinically validated criteria aligned with DSM-5 and CARS standards.
Founders and Leadership
The company was co-founded by Prachi Chopra, who serves as the Chief Medical Officer, and Vasyl Leshchuk, the CTO. Both founders bring a wealth of experience and a shared vision for improving the early detection and management of neurodevelopmental disorders in children.
Use of Funds
The newly acquired funds will be directed towards several strategic objectives. Gabify plans to enhance its technology platform, undertake clinical validation processes, and expand its team. These initiatives are designed to accelerate the company's growth and establish a sustainable revenue model.
Support from Inflection Point Ventures
Inflection Point Ventures, the lead investor, is known for supporting innovative early-stage startups. Gabify's participation in the 4th cohort of IPV IdeaSchool, a cohort-based incubator program, further underscores the venture capital firm's commitment to nurturing promising startups at the pre-seed and seed stages.
Government Support and Future Outlook
In addition to private funding, Gabify has been awarded INR 25 lakh under the Nidhi Seed Support Scheme by the GHRTBI (G H Raisoni Technology Business Incubator Foundation). This government-backed initiative supports startups with high innovation potential, providing an additional boost to Gabify's development efforts.
With these funds and support from both private and public sectors, Gabify is well-positioned to advance its mission of improving early autism screening and therapy management in India.