About Bend Labs
Bend Labs is a company based in Salt Lake City (United States) founded in 2013 by Jared Jonas and Shawn Reese was acquired by Nitto in June 2022. It operates as a B2B. Bend Labs has raised $858.45 thousand across 1 funding round from investors including Nitto. The company has 8 employees as of December 31, 2021. Bend Labs operates in a competitive market with competitors including Theranica, Athelas, HaptX, Mainstay Medical and Canatu, among others.
- Headquarter Salt Lake City, United States
- Employees 8 as on 31 Dec, 2021
- Founders Jared Jonas, Shawn Reese
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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 Bend Labs, Inc.
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Funding Insights of Bend Labs
Bend Labs has successfully raised a total of $858.45K through 1 strategic funding round. The most recent funding activity was a Seed round of $858.45 thousand completed in March 2016. 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 Seed — $858,453
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First Round
First Round
(14 Mar 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2016 | Amount | Seed - Bend Labs | Valuation |
investors |
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| 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 |
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Investors in Bend Labs
Bend Labs has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nitto. 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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Diversified materials are manufactured and supplied for various industries.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Bend Labs
| 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 - Bend Labs
| 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 |
Bend Labs Comparisons
Competitors of Bend Labs
Bend Labs 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 Theranica, Athelas, HaptX, Mainstay Medical and Canatu, 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 |
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| domain | founded_year | HQ Location |
Therapeutic devices for pain management are developed and manufactured.
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Provider of smart solutions for monitoring heart rate, weight, and blood pressure
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Provider of wearable devices for motion tracking
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| domain | founded_year | HQ Location |
Provider of rehabilitation solutions for patients and doctors
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Advanced carbon nanotube materials are developed for industrial uses.
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| domain | founded_year | HQ Location |
Non-invasive neuromodulation therapies
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bend Labs
Frequently Asked Questions about Bend Labs
When was Bend Labs founded?
Bend Labs was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Bend Labs located?
Bend Labs is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Who is the current CEO of Bend Labs?
Shawn Reese is the current CEO of Bend Labs. They have also founded this company.
Is Bend Labs a funded company?
Bend Labs is a funded company, having raised a total of $858.45K across 1 funding round to date. The company's 1st funding round was a Seed of $858.45K, raised on Mar 14, 2016.
How many employees does Bend Labs have?
As of Dec 31, 2021, the latest employee count at Bend Labs is 8.
What does Bend Labs do?
Bend Labs, based in Salt Lake City, focuses on leveraging cutting-edge technology, advancing health solutions through tech, developing wearables, and motion sensors. Offers a wearable soft sensor platform for measuring human motion accurately. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Who are the top competitors of Bend Labs?
Who are Bend Labs's investors?
Bend Labs has 1 investor. Key investors include Nitto.
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