Monroe Wheelchair

Rochester, United States Founded: 1941 • Age: 85 yrs Acquired By Numotion
Wheelchairs are manufactured for individuals with mobility disabilities.
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About Monroe Wheelchair

Monroe Wheelchair is a company based in Rochester (United States) founded in 1941 was acquired by Numotion in February 2020.. The company has 61 employees as of December 31, 2019. Monroe Wheelchair operates in a competitive market with competitors including WHILL, Arcatron, Kalogon Smart Cushion, munevo and Shanghai Bangbang Robot, among others.

  • Headquarter Rochester, United States
  • Employees 61 as on 31 Dec, 2019
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    61

    as on Dec 31, 2019

  • Acquired by
    Numotion

    (Feb 21, 2020)

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Funding Insights of Monroe Wheelchair

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Monroe Wheelchair

Monroe Wheelchair has secured backing from 1 investor. Prominent investors backing the company include Numotion. 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.

All
Investor Description Founded Year Domain Location
Mobility assistance devices including power wheelchairs and scooters are supplied.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Monroe Wheelchair

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Monroe Wheelchair

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Monroe Wheelchair Comparisons

Employees
+
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Competitors of Monroe Wheelchair

Monroe Wheelchair 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 WHILL, Arcatron, Kalogon Smart Cushion, munevo and Shanghai Bangbang Robot, 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
Personal electric wheelchairs for mobility support are developed.
domain founded_year HQ Location
Assisted mobility and elderly care devices are provided by Arcatron.
domain founded_year HQ Location
Manufacturer of wheelchairs
domain founded_year HQ Location
Smart wheelchairs for mobility-impaired users are controlled via head movements.
domain founded_year HQ Location
Assistive robotic solutions for mobility-impaired individuals are provided.
domain founded_year HQ Location
Mobility assistance devices including power wheelchairs and scooters are supplied.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Monroe Wheelchair

Frequently Asked Questions about Monroe Wheelchair

When was Monroe Wheelchair founded?

Monroe Wheelchair was founded in 1941.

Where is Monroe Wheelchair located?

Monroe Wheelchair is headquartered in Rochester, United States.

How many employees does Monroe Wheelchair have?

As of Dec 31, 2019, the latest employee count at Monroe Wheelchair is 61.

What does Monroe Wheelchair do?

Monroe Wheelchair was established in 1941 in Rochester, United States. Focus is placed on the production of wheelchairs within the mobility aids sector. Operations involve designing and assembling devices to assist people with physical impairments. Distribution occurs primarily in the domestic market, with manufacturing centered at the Rochester facility. Emphasis is given to standard models that address everyday mobility requirements for disabled users.

Who are the top competitors of Monroe Wheelchair?

Monroe Wheelchair's top competitors include WHILL, Arcatron and Kalogon Smart Cushion.

Who are Monroe Wheelchair's investors?

Monroe Wheelchair has 1 investor. Key investors include Numotion.

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