About AbiliTech Medical
AbiliTech Medical is a company based in Saint Paul (United States) founded in 2016. It operates as a B2B. AbiliTech Medical has raised $20.14 million across 5 funding rounds from investors including HHS, Bios Partners and DEFTA Partners. The company has 10 employees as of December 31, 2021. AbiliTech Medical operates in a competitive market with competitors including Myomo, Bone Health Technologies, Breg, Hyprevention and Tynor, among others.
- Headquarter Saint Paul, United States
- Employees 10 as on 31 Dec, 2021
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Sectors
Healthcare
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Phone
Locked
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Website
Locked
- Legal Name Abilitech Medical, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$20.14 M (USD)
in 5 rounds
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Latest Funding Round
$2.93 M (USD), Series A
Oct 04, 2021
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Investors
HHS
& 4 more
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Employee Count
10
as on Dec 31, 2021
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People of AbiliTech Medical
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Funding Insights of AbiliTech Medical
AbiliTech Medical has successfully raised a total of $20.14M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $2.93 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in AbiliTech Medical
AbiliTech Medical has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include HHS, Bios Partners and DEFTA Partners.
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Venture capital is provided by Bios Partners for biotech innovation.
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Technology and healthcare companies are funded by DEFTA Partners.
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Investment in women-led growth companies is provided by Sofia Fund.
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Investor details for AbiliTech Medical
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Investments & Acquisitions by AbiliTech Medical
Investment portfolio details for AbiliTech Medical
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Financial Statements - AbiliTech Medical
Detailed financials for AbiliTech Medical
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Abilitech Medical Comparisons
Peer comparison for AbiliTech Medical
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Competitors of AbiliTech Medical
AbiliTech Medical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Myomo, Bone Health Technologies, Breg, Hyprevention and Tynor, among others.
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Robotic arms are provided for mobility and rehabilitation support.
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Bone Health Technologies creates a wearable device to treat osteopenia and prevent osteoporosis.
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Orthopedic braces and supports for joint rehabilitation are supplied.
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Implantable orthopedic devices are developed for fracture treatment and prevention.
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Orthopedic products are sold online for various injuries and activities.
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Robotic arms are developed for personal assistance and research.
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Detailed competitors of AbiliTech Medical
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Latest news on Abilitech Medical
Complete news archive for AbiliTech Medical
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Frequently Asked Questions about AbiliTech Medical
AbiliTech Medical was founded in 2016 and raised its 1st funding round 1 year after it was founded.
AbiliTech Medical is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.
AbiliTech Medical is a funded company, having raised a total of $20.14M across 5 funding rounds to date.
As of Dec 31, 2021, the latest employee count at AbiliTech Medical is 10.
AbiliTech Medical creates innovative assistive devices for upper-limb neuromuscular conditions through providing healthcare solutions, developing medical devices, assistive technology, and neuromuscular devices. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
AbiliTech Medical has 5 investors. Key investors include HHS, Bios Partners, DEFTA Partners, Sofia Fund, and SEMN Capital Fund.