About IotaMotion
IotaMotion is a company based in Coralville (United States) founded in 2015 by Marlan Hansen and Chris Kaufmann.. IotaMotion has raised $26.94 million across 15 funding rounds from investors including NIH, HHS and Research Corporation Technologies. The company has 12 employees as of December 31, 2022. IotaMotion offers products and services including iotaSOFT Insertion System. IotaMotion operates in a competitive market with competitors including Intuitive, Auris Health, Brainlab, Corindus Vascular Robotics and PROCEPT BioRobotics, among others.
- Headquarter Coralville, United States
- Employees 12 as on 31 Dec, 2022
- Founders Marlan Hansen, Chris Kaufmann
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Sectors
HealthcareIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Iotamotion, 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
$26.94 M (USD)
in 15 rounds
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Latest Funding Round
$1.9 M (USD), Series B
Feb 27, 2026
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Investors
NIH
& 7 more
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Employee Count
12
as on Dec 31, 2022
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Products & Services of IotaMotion
IotaMotion offers a comprehensive portfolio of products and services, including iotaSOFT Insertion System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Robotic platform for controlled cochlear implant electrode insertion.
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Funding Insights of IotaMotion
IotaMotion has successfully raised a total of $26.94M across 15 strategic funding rounds. The most recent funding activity was a Series B round of $1.9 million completed in February 2026. 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 15
- Last Round Series B — $1.9M
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First Round
First Round
(01 Jun 2015)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2026 | Amount | Series B - IotaMotion | Valuation |
investors |
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| Jan, 2025 | Amount | Series B - IotaMotion | Valuation |
investors |
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| Jul, 2023 | Amount | Series A - IotaMotion | Valuation | RCT |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 IotaMotion
IotaMotion has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include NIH, HHS and Research Corporation Technologies. 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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Research Corporation Technologies is engaged in licensing biomedical technologies.
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Iowa-based venture capital fund supporting startups and growing companies.
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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 IotaMotion
| 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 - IotaMotion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Iotamotion Comparisons
Competitors of IotaMotion
IotaMotion 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 Intuitive, Auris Health, Brainlab, Corindus Vascular Robotics and PROCEPT BioRobotics, 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 |
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| domain | founded_year | HQ Location |
Robotic-assisted surgical systems are developed for minimally invasive procedures.
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| domain | founded_year | HQ Location |
Robotic microsurgical systems for endoscopy are developed.
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| domain | founded_year | HQ Location |
Software and integrated solutions for surgical and radiotherapy applications
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| domain | founded_year | HQ Location |
Remote robotic systems for vascular interventional procedures are developed.
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| domain | founded_year | HQ Location |
Robotic waterjet system for prostate tissue removal is developed.
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| domain | founded_year | HQ Location |
Robotic guidance systems for spine surgery are manufactured and utilized.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Iotamotion
Frequently Asked Questions about IotaMotion
When was IotaMotion founded?
IotaMotion was founded in 2015.
Where is IotaMotion located?
IotaMotion is headquartered in Coralville, United States. It is registered at Coralville, Iowa, United States.
Who is the current CEO of IotaMotion?
Mike Lobinsky is the current CEO of IotaMotion.
Is IotaMotion a funded company?
IotaMotion is a funded company, having raised a total of $26.94M across 15 funding rounds to date. The company's 1st funding round was a Series A of $12M, raised on Jun 01, 2015.
How many employees does IotaMotion have?
As of Dec 31, 2022, the latest employee count at IotaMotion is 12.
What does IotaMotion do?
IotaMotion was founded in 2015 and is headquartered in Coralville, United States, within the medical robotics sector. Robotic systems designed for cochlear implantation surgery are developed, featuring implantable components and electrode re-positioning capabilities. These aim to support hearing preservation and long-term quality. An open platform is offered alongside robotic assistance for managing electrode insertion speed and acceleration during procedures.
Who are the top competitors of IotaMotion?
IotaMotion's top competitors include Brainlab, PROCEPT BioRobotics and Auris Health.
What products or services does IotaMotion offer?
IotaMotion offers iotaSOFT Insertion System.
Who are IotaMotion's investors?
IotaMotion has 8 investors. Key investors include NIH, HHS, Research Corporation Technologies, Mutual Capital Partners, and ISA Ventures.