About CIONIC
CIONIC is a company based in Scotts Valley (United States) founded in 2018 by Jeremiah Robison.. CIONIC has raised $32.25 million across 3 funding rounds from investors including L Catterton, THVC and Enable Ventures. CIONIC operates in a competitive market with competitors including Ekso Bionics, Myomo, Wandercraft, Proteor and BionicM, among others.
- Headquarter Scotts Valley, United States
- Founders Jeremiah Robison
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Sectors
HealthcareTechnology
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Phone
*********
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Website
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Social
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- Legal Name Cionic, 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
$32.25 M (USD)
in 3 rounds
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Latest Funding Round
$12 M (USD), Series A
Oct 13, 2023
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Investors
L Catterton
& 7 more
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Employee Count
Employee Count
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Funding Insights of CIONIC
CIONIC has successfully raised a total of $32.25M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in October 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 Series A — $12.0M
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First Round
First Round
(15 Apr 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series A - CIONIC | Valuation | L Catterton | |
| Sep, 2022 | Amount | Series A - CIONIC | Valuation | BlueRun Ventures | |
| Apr, 2020 | Amount | Series A - CIONIC | Valuation |
investors |
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| 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 CIONIC
CIONIC has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include L Catterton, THVC and Enable Ventures. 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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L Catterton is recognized as a leading consumer-focused private equity group.
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Founded Year | Domain | Location | |
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Investment in transformational healthcare is facilitated by THVC.
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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 CIONIC
| 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 - CIONIC
| 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 |
Cionic Comparisons
Competitors of CIONIC
CIONIC 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 Ekso Bionics, Myomo, Wandercraft, Proteor and BionicM, 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 |
Exoskeletons for medical rehabilitation and industrial productivity are provided.
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| domain | founded_year | HQ Location |
Robotic arms are provided for mobility and rehabilitation support.
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| domain | founded_year | HQ Location |
Exoskeleton devices are provided for rehabilitation patients' mobility.
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| domain | founded_year | HQ Location |
Prostheses and orthoses devices are developed for orthopedic supports.
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| domain | founded_year | HQ Location |
Prosthetic legs assisting knee and ankle movements are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Cionic
Frequently Asked Questions about CIONIC
When was CIONIC founded?
CIONIC was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is CIONIC located?
CIONIC is headquartered in Scotts Valley, United States. It is registered at Scotts Valley, California, United States.
Who is the current CEO of CIONIC?
Jeremiah Robison is the current CEO of CIONIC. They have also founded this company.
Is CIONIC a funded company?
CIONIC is a funded company, having raised a total of $32.25M across 3 funding rounds to date. The company's 1st funding round was a Series A of $7.75M, raised on Apr 15, 2020.
What does CIONIC do?
CIONIC was founded in 2018 and is headquartered in Scotts Valley, United States. Operations focus on the health technology sector, where bionic clothing is developed to assist individuals with mobility challenges. A neural sleeve is utilized to monitor movements continuously in real-time, while functional electrical stimulation is delivered to targeted muscles in coordination with the gait cycle. This approach supports patients experiencing mobility issues through precise neuromuscular activation.
Who are the top competitors of CIONIC?
CIONIC's top competitors include Myomo, Ekso Bionics and BionicM.
Who are CIONIC's investors?
CIONIC has 8 investors. Key investors include L Catterton, THVC, Enable Ventures, BlueRun Ventures, and Caffeinated Capital.
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