Footbeat

Grand Junction, United States Founded: 2007 • Age: 19 yrs
Developer of wearable technology for people with foot ulcers and edema

About Footbeat

Footbeat is a Healthcare company based in Grand Junction (United States) founded in 2007. Developer of wearable technology for people with foot ulcers and edema. Footbeat has raised $11.68 million across 6 funding rounds. The company has 72 employees. Its focus areas include Life Sciences, Wound Care, Medical Devices and Therapeutic Devices. Its legal entity is AVEX, INC. Its competitors include Adlore, Bio Compression Systems and Gladiator Therapeutics.

Company details

Footbeat is developing a medical device used in patients with diabetic foot conditions such as peripheral neuropathy, foot ulcers, edema, etc. It increases the bodys circulation through cyclic pressure on the bottom of the foot, thus helping in the treatment.

  • Headquarters Grand Junction, United States
  • Employees 72
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website footbeat.com
  • Social LinkedIn X Facebook
  • Legal Name Avex, Inc.
Operational Areas
Key Metrics
  • Total Equity Funding
    $11.68M (USD)

    in 6 rounds

  • Latest Funding Round
    $7.6M (USD), Series A

    Jan 2017

  • Employee Count
    72

Funding Insights of Footbeat

Footbeat has successfully raised a total of $11.68M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $7.6 million completed in January 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 $11.68M
  • Total Rounds 6
  • Last Round Series A β€” $7.6M
  • First Round $100,000

    (Jan 2010)

All 6 funding rounds of Footbeat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2017$7.6MSeries A––
–
Sep 2014$250,000Seed––
–
Jun 2014$1.43MSeed––
–
May 2014$1.41MSeed––
–
Dec 2012$1MSeed––
–
Jan 2010$100,000Debt – Conventional––
–

Timeline of Footbeat

3 dated milestones of Footbeat across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Footbeat is founded.
  2. Funding First funding round of $100K.
  3. Funding Latest funding round, Series A, of $7.6M.

Competitors of Footbeat

Footbeat has 3 listed competitors in our database. They include Adlore, Bio Compression Systems and Gladiator Therapeutics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
adloreinc.com2019Kalamazoo, United States
Developer of smart sensor devices to treat and monitor ulcerated wounds
biocompression.com1983Moonachie, United States
Produces pneumatic pumps and garments for managing lymphedema and venous issues.
gladiatortherapeutics.com2018Allentown, United States
Offers innovative far infrared devices for wound healing, pain relief, and Parkinson's management.
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Detailed competitors of Footbeat

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  • Full competitor set
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Top companies in Wound Care

3 companies that operate in the same segment as Footbeat (Wound Care) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Nanotech-based wound care products are developed and provided.
2010Madison, Wisconsin, United StatesUSD 22.7 M35
Regenerative biomaterial products and bioimplants for wound, surgical, sports medicine and orthopedics
1985Marietta, Georgia, United StatesUSD 418.63 M837
Developer of hemostatic products for wound care
2010New York, New York, United StatesUSD 113.35 M
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Frequently Asked Questions about Footbeat

Footbeat was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Footbeat is headquartered in Grand Junction, United States. It is registered at Grand Junction, Colorado, United States.

Footbeat is a funded company, having raised a total of $11.68M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $100K, raised on Jan 2010.

Footbeat has 72 employees.

Footbeat is developing a medical device used in patients with diabetic foot conditions such as peripheral neuropathy, foot ulcers, edema, etc. It increases the bodys circulation through cyclic pressure on the bottom of the foot, thus helping in the treatment.

Footbeat's top competitors include Adlore, Bio Compression Systems and Gladiator Therapeutics.

Footbeat operates through Avex, Inc..

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