About Invacare
Invacare is a company based in Elyria (United States) founded in 1885 was acquired by Rhone Group in August 2025. Invacare has completed 2 acquisitions, including Dynamic Medical Systems and Freedom Designs. Invacare offers products and services including Power Wheelchairs and Daily Living Aids.
- Headquarter Elyria, United States
- Stage Public
- SectorsHealthcare
- Website invacare.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Rhone Group (Aug 2025)
- Legal Name Invacare Holdings Corporation
- Latest Funding Round$100M (USD), Post-IPO
Mar 2021
- Investors
- Investments & AcquisitionsDynamic Medical Systems
& 1 more
- Acquired byRhone Group
(Aug 2025)
Products & Services of Invacare
Invacare offers a comprehensive portfolio of products and services, including Power Wheelchairs and Daily Living Aids.
Power wheelchairs are provided to enhance mobility and independence for users in home care settings.
Daily living aids are offered to support everyday activities and promote active lifestyles among individuals.
Apps and channels of Invacare
its YouTube channel Invacare Europe has 5.3K subscribers and 30 videos.
Videos from Invacare
The most watched videos on Invacare's YouTube channel, Invacare Europe (5.3K subscribers). Click a video to play it here.
More on Invacare Europe.
Funding Insights of Invacare
- Total Rounds 2
- Last Round Post-IPO — $100M
- First Round $150M
(Feb 2016)
All 2 funding rounds of Invacare with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | $100M | Post-IPO | – | – | – |
| Feb 2016 | $150M | Post-IPO | – | – | – |
1 investors in total: 1 institutional.
Investors in Invacare
Invacare has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Rhone Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking firm offering private equity investments | – | rhonegroup.com | New York, United States |
Investor details for Invacare
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Invacare
20 people are tracked at Invacare (11 in leadership, 5 in board & advisors, 4 in team).
| Name | Role | Group |
|---|---|---|
Matthew Monaghan | President and CEO | Leadership |
Joost Beltman | SVP & General Manager, North America | Leadership |
Matthew E. Monaghan | Chairman, President & CEO | Leadership |
Geoffrey Purtill | SVP & General Manager, EMEA & Asia-Pacific | Leadership |
Linda Baxter | Vice President North American Resources | Leadership |
Helen Lewis | Vice President Information Technology | Leadership |
Keith Kelleher | Director | Sales Training & Education | Leadership |
Jerry Fox | Vice President Corporate Tax | Leadership |
Gretchen Schuler | Vice President- Insurance Risk Management & Strategic Initiatives | Leadership |
Kathy Leneghan | SVP & CFO | Leadership |
Paul Lavin | Vice President, NA Sales & GM Invacare Canada LP | Leadership |
Marc M. Gibeley | Board Member | Board & advisors |
C. Martin Harris | Board Member | Board & advisors |
Stephanie L. Fehr | Board Member | Board & advisors |
Susan H. Alexander | Board Member | Board & advisors |
Clifford D. Nastas | Board Member | Board & advisors |
Stephen Haines | Rehab Sales Manager | Team |
Kristin Guess | Regional Rehab Sales Manager --western United States | Team |
Jennifer Grosh | Sales Operations Manager | Team |
Claire Hughes | Business Development Manager | Team |
Complete people profiles for Invacare
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Invacare
Invacare has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dynamic Medical Systems and Freedom Designs.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Wound care and safe patient handling systems are manufactured. | godynamic.com | Compton, United States | 1995 | Nov 2011 | •••• | |
Wheelchairs and seating systems are manufactured for mobility assistance. | freedomdesigns.com | Simi Valley, United States | 1982 | Mar 2004 | •••• |
Complete acquisition details for Invacare
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Invacare
7 dated milestones of Invacare across 140 years, from founding to its latest funding, stage changes and deals.
- Founded Invacare is founded.
- Acquisition Acquires Freedom Designs.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Dynamic Medical Systems.
- Funding First funding round of $150.0M.
- Funding Latest funding round, Post-IPO, of $100.0M.
- Exit Acquired by Rhone Group.
Web traffic of Invacare
The website of Invacare (invacare.com) receives about 10.9K visits a month.
- Monthly visits10.9K
▼ 9% vs previous month
Websites whose visitors overlap most with Invacare. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| pridemobility.com | 100% | – | #248,889 | View details | |
| drivemedical.com | 100% | 96.3K | #330,060 | View details | |
| sunrisemedical.com | 100% | – | #425,037 | View details | |
phc-online.com | phc-online.com | 100% | – | – | – |
futurehealthconcepts.com | futurehealthconcepts.com | 91% | – | #3,701,270 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Invacare
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Invacare
Complete news archive for Invacare
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Invacare
10 companies that operate in the same segment as Invacare (Traditional Diagnostics & Medical Devices), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Materials management solutions are provided for healthcare organizations. | 1892 | Chicago, Illinois, United States | USD 29.13 M | USD 20.63 B | 53,000 | |
3D-printed orthopedic products are manufactured for medical applications. | 1941 | Kalamazoo, Michigan, United States | – | – | – | |
Ophthalmic pharmaceuticals and instruments are developed for eye care. | 1853 | Bridgewater, New Jersey, United States | – | USD 5.1 B | 13,500 | |
Heart pumps are developed for blood circulation and oxygenation support. | 1981 | Danvers, Massachusetts, United States | – | USD 1.03 B | 1,157 | |
Medical device management services are provided to healthcare facilities. | 1999 | Exeter, New Hampshire, United States | USD 275.93 M | USD 68.67 M | 353 | |
Medical surgical consumables including sutures and anti-microbial gloves are manufactured. | 1992 | Bengaluru, Karnataka, India | USD 102.36 M | USD 7.14 K | 39 | |
Manufacturer of medical equipments | 1967 | Bengaluru, Karnataka, India | USD 58.9 M | USD 98.65 M | 578 | |
BD is recognized for providing innovative medical technology solutions. | 1897 | Franklin Lakes, New Jersey, United States | – | USD 21.84 B | 74,000 | |
Dental lasers and scanning devices are developed for clinical use. | 1987 | Foothill Ranch, California, United States | – | USD 49.16 M | – | |
Manufacturer and distributor of aprons, surgical gowns, uniforms, and other medical products | 1966 | Mundelein, Illinois, United States | – | USD 28.45 B | 1,305 |
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Frequently Asked Questions about Invacare
Invacare was founded in 1885 and raised its 1st funding round 131 years after it was founded.
Invacare is headquartered in Elyria, United States. It is registered at Elyria, Ohio, United States.
Matthew Monaghan is the current CEO of Invacare.
Provider of diversified assistive hardware solutions for people with disabilities. The home care products include rehab products (wheelchairs, scooters, seating and positioning systems), respiratory products (oxygen and aerosol therapy), and standard products (bath safety, walkers, beds). Invacares product portfolio targeting the long-term care market includes beds, furnishings, bathing, mobility, respiratory, dialysis chairs, patient care, transfer, and transport equipment. It has also designed and developed innovative, trademarked and proprietary products (mattresses, wheelchairs, bath lifts, etc.,) keeping in mind the needs of patients with disabilities.
Invacare offers Power Wheelchairs and Daily Living Aids.
Invacare has made 2 acquisitions, including Dynamic Medical Systems, and Freedom Designs.
Invacare has 1 investor. Key investors include Rhone Group.
Invacare operates through Invacare Holdings Corporation.
Yes. Invacare was acquired by Rhone Group in August 2025.