Binovi Technologies

What Binovi Technologies does

Binovi Technologies is a Canadian public company (TSX Venture: EYC) headquartered in Oakville, Ontario, founded in 2011 by Adam Cegielski. The firm operates in the clinical and performance vision space, with stated focus areas covering vision therapy, sports performance, learning enhancement, and concussion rehabilitation. The company has assembled its offering through acquisition rather than organic build, having absorbed ConnectMe and Vima Rev in 2020 for telehealth and patient-connection capabilities, followed by Samurai Motion Tracking Corp. in April 2021 to add motion tracking and biomechanics measurement. The resulting platform appears to combine assessment software, remote patient engagement, and motion capture tools targeted at optometrists, sports organizations, and concussion rehabilitation clinics.

The company's commercial profile is very small. Reported headcount is in the 11-50 range and only two equity financings are disclosed: a May 2015 round of approximately $244K and an October 2020 round of approximately $1.28M, for cumulative disclosed capital under $1.5M. No revenue, ARR, customer logos, pricing model, or active sales metrics are present in the source data, and the firm's primary web domain (eyecarrot.com) appears listed for resale on a third-party domain marketplace, which is consistent with a minimally staffed or dormant public entity rather than an actively scaling operation. The listed acquisition consideration for Samurai Motion Tracking ($2,008,967,000,000) appears to be a data-entry error most plausibly representing roughly $2M, but this should be re-verified against primary disclosure.

No management team beyond the founder is captured in the input, no partnerships, certifications, regulatory actions, or product launches beyond the three acquisitions are documented, and there is no evidence of geographic expansion or new verticals since 2021. Taken together, the available data depicts a venture-stage public shell that built a vision-care software stack via small acquisitions but has not generated visible commercial traction, with its digital marketing presence apparently discontinued.

Name

Binovi Technologies

Website

https://eyecarrot.com

Company type

Private

Founded year

2011

Headcount range

11–50 employees

Short description

Binovi Technologies is a Canadian public venture issuer (TSX-V: EYC), founded in 2011 and based in Oakville, that built a vision therapy, sports performance, learning enhancement, and concussion rehabilitation software platform through the acquisitions of ConnectMe, Vima Rev, and Samurai Motion Tracking.

Ownership category

akta.pro rank

Product category

Vision Therapy & Neuroperformance Software

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Vocational Rehabilitation Services (62431)

SIC

Ophthalmic Goods (3851)

akta.pro primary industry

Rehabilitation Therapy Equipment (PT/OT Modalities, Exercise & Balance Devices) (HLAHAMAG)

Keywords

• Vision therapy software
• Sports performance training
• Concussion rehabilitation
• Learning enhancement tools
• Neuroperformance assessment

Headquarters

HQ city

Oakville

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Core offering

Binovi Technologies develops and delivers technology-enabled solutions in vision therapy, sports performance, learning enhancement, and concussion rehabilitation. Its platform supports clinicians and athletes with assessment, training, and rehabilitation tools targeting visual and neurocognitive performance. The company's offering combines software, motion tracking, and connectivity tools acquired through companies such as Vima Rev and Samurai Motion Tracking.

Differentiator

Problem solved

Functional benefit

Products and services

• Binovi Vision Performance Platform

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights4 records

Direct peers

• Oculogica: Oculogica develops eye-tracking-based diagnostic tools for concussion and brain injury, targeting emergency departments and sports medicine. It competes with Binovi's concussion-rehabilitation positioning using a more clinical, FDA-focused go-to-market.
• Senaptec: Senaptec provides sensory and neuro-visual performance training hardware and software for athletes and clinicians. It overlaps directly with Binovi's sports-performance and vision-therapy verticals through perceptual-cognitive assessment tools sold to sports and rehab channels.
• RightEye: RightEye builds eye-tracking-based vision performance and brain-health assessments used in clinical and sports settings. It is directly comparable to Binovi's vision-therapy and neuro-visual performance offering, serving optometrists, concussion clinics, and sports programs with a software-plus-sensor stack.
• Sanet Vision Integrations: Sanet Vision Integrations (SVI) develops vision-therapy software and protocols for optometric and rehabilitation clinics. It is a direct peer to Binovi's clinical vision-therapy offering, sharing a similar customer base of optometrists and rehab practitioners.
• NeuroTracker: NeuroTracker offers perceptual-cognitive training software used by sports teams, military, and clinical researchers. It overlaps with Binovi's sports-performance and learning-enhancement offerings via 3D multiple-object tracking tasks sold to elite training and rehab markets.
• Dynavision International: Dynavision manufactures visual-motor and reaction-training boards widely used in sports and neurological rehabilitation. It is comparable to Binovi's motion-tracking and vision-therapy stack through its rehab-clinic and sports-training customer base.
• NovaVision: NovaVision delivers neuro-vision rehabilitation therapies for visual field deficits and neurological conditions. It overlaps with Binovi's vision-therapy and concussion-rehab verticals through clinical software prescribed by optometrists and neurologists.
• FitLight Sport: FitLight provides LED-based reaction and motion-training systems for athletic performance and rehabilitation. It is comparable to the Samurai Motion Tracking capability Binovi acquired, targeting the same sports-performance and rehab-channel customers.

Broad incumbents

• Bertec Corporation: Bertec designs balance, posturography, and force-measurement equipment used in clinical, research, and sports applications. It is a broader incumbent serving some of the same rehab and performance-assessment use cases as Binovi's motion-tracking and concussion-rehab portfolio, though via dedicated balance devices rather than vision-only solutions.

Emerging players

• MindEye Inc: MindEye provides optometric-based neurological evaluations and training for patients with brain injuries and learning challenges. It overlaps with Binovi's concussion-rehabilitation and learning-enhancement verticals from a more clinical, individualized-care angle.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

• Xx.com/eyecarrot

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Binovi Technologies