About BackRobo
BackRobo is a company based in Shanghai (China) founded in 2019.. BackRobo has raised $9.42 million across 1 funding round from investors including CoStone Capital. BackRobo offers products and services including Air Smart Chair C2, Ergonomic Pressure Relief Lumbar Pillow, and Sedentary App. BackRobo operates in a competitive market with competitors including Sennotech, Team Elysium, Kodgem Straight, Yoganotch and HCLAB, among others.
- Headquarter Shanghai, China
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Aiworks Global, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.42 M (USD)
in 1 rounds
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Latest Funding Round
$9.42 M (USD), Series A
Apr 14, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of BackRobo
BackRobo offers a comprehensive portfolio of products and services, including Air Smart Chair C2, Ergonomic Pressure Relief Lumbar Pillow, and Sedentary App. 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.
AI chair that automatically adjusts for optimal posture and comfort.
Support pillow designed for back relief and pressure reduction.
Mobile app for reminders on sedentary habits and health tracking.
Funding Insights of BackRobo
BackRobo has successfully raised a total of $9.42M through 1 strategic funding round. The most recent funding activity was a Series A round of $9.42 million completed in April 2022. 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 1
- Last Round Series A — $9.4M
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First Round
First Round
(14 Apr 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2022 | Amount | Series A - BackRobo | 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 BackRobo
BackRobo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include CoStone Capital. 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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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 BackRobo
| 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 - BackRobo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Backrobo Comparisons
Competitors of BackRobo
BackRobo 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 Sennotech, Team Elysium, Kodgem Straight, Yoganotch and HCLAB, 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 |
Wearable medical sensing solutions are developed for unobtrusive healthcare applications.
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| domain | founded_year | HQ Location |
Musculoskeletal diagnosis devices for body-posture measurements are provided.
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| domain | founded_year | HQ Location |
Smart devices for posture management are provided by the company.
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| domain | founded_year | HQ Location |
Wearable sensors for yoga posture analysis are provided.
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| domain | founded_year | HQ Location |
Smart cushions for tracking sitting posture are provided by HCLAB.
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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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Frequently Asked Questions about BackRobo
When was BackRobo founded?
BackRobo was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is BackRobo located?
BackRobo is headquartered in Shanghai, China.
Is BackRobo a funded company?
BackRobo is a funded company, having raised a total of $9.42M across 1 funding round to date. The company's 1st funding round was a Series A of $9.42M, raised on Apr 14, 2022.
What does BackRobo do?
BackRobo was established in 2019 and is based in Shanghai, China. Operations focus on the health technology sector, where devices addressing body posture issues from extended sitting and sleep disturbances are created. The Backrobo smart chair is designed to monitor and correct posture, while the Bluepeace smart mattress supports improved sleep patterns. These products are targeted at users facing related health challenges.
Who are the top competitors of BackRobo?
BackRobo's top competitors include Kodgem Straight, Sennotech and Team Elysium.
What products or services does BackRobo offer?
BackRobo offers Air Smart Chair C2, Ergonomic Pressure Relief Lumbar Pillow, and Sedentary App.
Who are BackRobo's investors?
BackRobo has 1 investor. Key investors include CoStone Capital.
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