Intuition Robotics

Israel-based Intuition Robotics provides digital companionship to elderly people through its in-home digital robot, ElliQ. ElliQ is a voice assistant which utilizes the company’s cognitive artificial intelligence (AI) platform “Q” to function. The company also provides this patented technology to third-party devices. ElliQ engages with the elderly through health reminders, conversations, cognitive games, and other features. The device provides personalized suggestions, adapting to user preferences over time. ElliQ is built to be more proactive than standard voice assistants.

In January 2024 Intuition Robotics launched ElliQ 3, a new version of its established companion robot. Announced at CES Las Vegas, ElliQ 3 is designed to assist in eldercare facilities by fostering social wellness, reducing feelings of loneliness, and reinforcing a sense of recognition. The latest model, ElliQ 3, features a range of enhancements, including improved design, more robust hardware, and GenAI integration. The design is now more compact, featuring an upgraded onboard MediaTek octa-core processor and an expanded memory. A key component of its updated package is the integration of LLMs (large language models), which elevate the robot's conversational competence in both structured and open-ended conversations.

Key customers and partnerships

The company commercially launched its companion robot ElliQ in August 2023 following and partnered with government agencies nationwide. The company started programs to provide ElliQ at no cost to end users through partnerships with bodies helping seniors in New York, Florida, Washington, and California. Intuition Robotics also signed its first agreement with a Medicare-focused Managed Care Organization. 

Funding and financials

The company last raised funding in August 2023 when it raised USD 25 million consisting of USD 20 million in venture capital and USD 5 million in venture debt. The round was led by Toyota's Woven Capital growth funding, with participation from Toyota Ventures, OurCrowd, and Western Technology Investment. The funds were set aside to meet increasing demand for its companion robot ElliQ from government agencies and healthcare organizations. The funding also allowed Intuition Robotics to integrate ElliQ into healthcare systems.