About EasyStand
EasyStand is a company based in New Ulm (United States) founded in 1987 was acquired by Rockwood Equity Partners in August 2014.. EasyStand has raised $40 million across 1 funding round from investors including Rockwood Equity Partners and Granite Partners. The company has 50 employees as of December 31, 2017. EasyStand operates in a competitive market with competitors including WeWALK, Instalimb, SensArs, Mobility Designed and Xtremity, among others.
- Headquarter New Ulm, United States
- Employees 50 as on 31 Dec, 2017
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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 Altimate Medical, 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
$40 M (USD)
in 1 rounds
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Latest Funding Round
$40 M (USD), Series C
Dec 12, 2017
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Investors
Rockwood Equity Partners
& 1 more
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Employee Count
50
as on Dec 31, 2017
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Acquired by
Rockwood Equity Partners
(Aug 29, 2014)
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Funding Insights of EasyStand
EasyStand has successfully raised a total of $40M through 1 strategic funding round. The most recent funding activity was a Series C round of $40 million completed in December 2017. 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 C — $40.0M
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First Round
First Round
(12 Dec 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Series C - EasyStand | 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 EasyStand
EasyStand has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Rockwood Equity Partners and Granite Partners. 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 | |
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Granite Partners is engaged in private investment and holding operations.
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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 EasyStand
| 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 - EasyStand
| 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 |
Easystand Comparisons
Competitors of EasyStand
EasyStand 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 WeWALK, Instalimb, SensArs, Mobility Designed and Xtremity, 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 |
Smart cane solutions are provided for visually impaired users.
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| domain | founded_year | HQ Location |
Customized 3D-printed prosthetics for leg amputees are developed.
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| domain | founded_year | HQ Location |
Hybrid neuroprosthetic device is developed for sensory nerve stimulation.
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| domain | founded_year | HQ Location |
Elbow and forearm support crutches for disabled users are developed.
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| domain | founded_year | HQ Location |
Prosthetic socket systems are developed to restore amputees' mobility.
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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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Frequently Asked Questions about EasyStand
When was EasyStand founded?
EasyStand was founded in 1987 and raised its 1st funding round 30 years after it was founded.
Where is EasyStand located?
EasyStand is headquartered in New Ulm, United States. It is registered at New Ulm, Minnesota, United States.
Is EasyStand a funded company?
EasyStand is a funded company, having raised a total of $40M across 1 funding round to date. The company's 1st funding round was a Series C of $40M, raised on Dec 12, 2017.
How many employees does EasyStand have?
As of Dec 31, 2017, the latest employee count at EasyStand is 50.
What does EasyStand do?
EasyStand was founded in 1987 and is based in New Ulm, United States. Standing frames designed for children and adults are manufactured and distributed in the medical device sector. Key products include the Bantam, which supports sit-to-stand transitions and supine positioning; the Zing, a multi-position stander adjustable from flat to upright; and the Evolv, a modular sit-to-stand option. Operations focus on mobility aids for therapeutic use.
Who are the top competitors of EasyStand?
Who are EasyStand's investors?
EasyStand has 2 investors. Key investors include Rockwood Equity Partners, and Granite Partners.
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