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
Not available
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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
Not available
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People of CIONIC
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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.
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.
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L Catterton is recognized as a leading consumer-focused private equity group.
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Investment in transformational healthcare is facilitated by THVC.
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Investor details for CIONIC
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Investments & Acquisitions by CIONIC
Investment portfolio details for CIONIC
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Financial Statements - CIONIC
Detailed financials for CIONIC
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Cionic Comparisons
Peer comparison for CIONIC
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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.
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Exoskeletons for medical rehabilitation and industrial productivity are provided.
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Robotic arms are provided for mobility and rehabilitation support.
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Exoskeleton devices are provided for rehabilitation patients' mobility.
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Prostheses and orthoses devices are developed for orthopedic supports.
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Prosthetic legs assisting knee and ankle movements are developed.
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Detailed competitors of CIONIC
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Latest news on Cionic
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Frequently Asked Questions about CIONIC
CIONIC was founded in 2018 and raised its 1st funding round 2 years after it was founded.
CIONIC is headquartered in Scotts Valley, United States. It is registered at Scotts Valley, California, United States.
Jeremiah Robison is the current CEO of CIONIC. They have also founded this company.
CIONIC is a funded company, having raised a total of $32.25M across 3 funding rounds to date.
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.
CIONIC's top competitors include Myomo, Ekso Bionics and BionicM.
CIONIC has 8 investors. Key investors include L Catterton, THVC, Enable Ventures, BlueRun Ventures, and Caffeinated Capital.