About Augment Therapy
Augment Therapy is a company based in Chagrin Falls (United States) founded in 2017.. Augment Therapy has raised $2.7 million across 3 funding rounds from investors including CareSource, BlueTree Venture Capital and Innovation Fund America. The company has 5 employees as of December 31, 2021. Augment Therapy offers products and services including ARWell and ARWell PRO. Augment Therapy operates in a competitive market with competitors including Zwift, WayBetter, Rouvy, Nex and Zario, among others.
- Headquarter Chagrin Falls, United States
- Employees 5 as on 31 Dec, 2021
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Augment Therapy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.7 M (USD)
in 3 rounds
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Latest Funding Round
$1.7 M (USD), Seed
Nov 22, 2023
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Investors
CareSource
& 2 more
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Employee Count
5
as on Dec 31, 2021
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Products & Services of Augment Therapy
Augment Therapy offers a comprehensive portfolio of products and services, including ARWell and ARWell PRO. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for prescribing and monitoring therapeutic exercises for patients.
Enhanced platform for healthcare providers to track remote exercises.
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Leadership Team
2 people
Co Team
1 people
Software Development Team
1 people
Operations Team
1 people
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Funding Insights of Augment Therapy
Augment Therapy has successfully raised a total of $2.7M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.7 million completed in November 2023. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $1.7M
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First Round
First Round
(08 Dec 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Seed - Augment Therapy | Valuation |
investors |
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| May, 2023 | Amount | Seed - Augment Therapy | Valuation | CareSource |
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| Dec, 2017 | Amount | Grant - Augment Therapy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Augment Therapy
Augment Therapy has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include CareSource, BlueTree Venture Capital and Innovation Fund America. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is provided to tech entrepreneurs in Rust Belt.
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Founded Year | Domain | Location | |
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Tech & Life Science focused seed stage VC firm investing in the US
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Founded Year | Domain | Location | |
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Healthcare-focused insurance brokerage services are provided in the United States.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Augment Therapy
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Augment Therapy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Augment Therapy Comparisons
Competitors of Augment Therapy
Augment Therapy 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 Zwift, WayBetter, Rouvy, Nex and Zario, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Gamified indoor cycling training is delivered via an app-based platform.
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| domain | founded_year | HQ Location |
Provider of gamified health and wellness programs
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| domain | founded_year | HQ Location |
Indoor cycling simulations are offered via web-based application for training.
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| domain | founded_year | HQ Location |
Game-based fitness training solutions are offered to consumers via app.
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| domain | founded_year | HQ Location |
Gamification-based fitness programs are delivered through a mobile app.
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| domain | founded_year | HQ Location |
Interactive bicycle trainers and cycling simulators are provided by Bkool.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Augment Therapy
Frequently Asked Questions about Augment Therapy
When was Augment Therapy founded?
Augment Therapy was founded in 2017.
Where is Augment Therapy located?
Augment Therapy is headquartered in Chagrin Falls, United States. It is registered at Chagrin Falls, Ohio, United States.
Is Augment Therapy a funded company?
Augment Therapy is a funded company, having raised a total of $2.7M across 3 funding rounds to date. The company's 1st funding round was a Grant of $25K, raised on Dec 08, 2017.
How many employees does Augment Therapy have?
As of Dec 31, 2021, the latest employee count at Augment Therapy is 5.
What does Augment Therapy do?
Augment Therapy was founded in 2017 and is headquartered in Chagrin Falls, United States. An online platform is operated to provide physical therapy services for children, supported by a portable device that tracks activity levels. Gamified exercises are offered to engage users, while adherence and progress are analyzed through data collection in the health technology sector.
Who are the top competitors of Augment Therapy?
What products or services does Augment Therapy offer?
Augment Therapy offers ARWell and ARWell PRO.
Who are Augment Therapy's investors?
Augment Therapy has 3 investors. Key investors include CareSource, BlueTree Venture Capital, and Innovation Fund America.
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