About NextStep Robotics
NextStep Robotics is a company based in Baltimore (United States) founded in 2017 by Brad Hennessie.. NextStep Robotics has raised $1.6 million across 3 funding rounds from investors including Fort Capital and Maryland Momentum Fund. NextStep Robotics offers products and services including AMBLE and Gait Training Software. NextStep Robotics operates in a competitive market with competitors including KinoTek, DorsaVi, GetFulfilled, Ekinnox and CoRehab, among others.
- Headquarter Baltimore, United States
- Founders Brad Hennessie
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Sectors
Healthcare
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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 Nextstep Robotics 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
$1.6 M (USD)
in 3 rounds
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Latest Funding Round
$400 K (USD), Seed
Dec 27, 2023
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Investors
Fort Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of NextStep Robotics
NextStep Robotics offers a comprehensive portfolio of products and services, including AMBLE and Gait Training Software. 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.
Provides graded assistance for foot drop therapy in rehabilitation.
Offers real-time biofeedback for enhanced muscle coordination and therapy.
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Funding Insights of NextStep Robotics
NextStep Robotics has successfully raised a total of $1.6M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $400 thousand completed in December 2023. 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 3
- Last Round Seed — $400,000
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First Round
First Round
(08 Feb 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - NextStep Robotics | Valuation |
investors |
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| Dec, 2019 | Amount | Seed - NextStep Robotics | Valuation |
investors |
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| Feb, 2018 | Amount | Seed - NextStep Robotics | Valuation | Fort Capital , Maryland Momentum Fund |
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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 NextStep Robotics
NextStep Robotics has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Fort Capital and Maryland Momentum Fund. 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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Investment funding is provided for University System of Maryland ventures.
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Founded Year | Domain | Location | |
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Fort Capital is recognized as an independent investment banking advisory firm in Canada.
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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 NextStep Robotics
| 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 - NextStep Robotics
| 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 |
Nextstep Robotics Comparisons
Competitors of NextStep Robotics
NextStep Robotics 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 KinoTek, DorsaVi, GetFulfilled, Ekinnox and CoRehab, 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 |
3D visualization software for movement analysis is developed by KinoTek.
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| domain | founded_year | HQ Location |
Wearable sensors for motion analysis technologies are provided.
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| domain | founded_year | HQ Location |
A digital white-label solution for fitness and wellness coaches to scale their services.
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| domain | founded_year | HQ Location |
Smart medical devices for gait analysis are provided by Ekinnox.
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| domain | founded_year | HQ Location |
Medical devices for rehabilitation are supplied to healthcare professionals.
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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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Frequently Asked Questions about NextStep Robotics
When was NextStep Robotics founded?
NextStep Robotics was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is NextStep Robotics located?
NextStep Robotics is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Who is the current CEO of NextStep Robotics?
Brad Hennessie is the current CEO of NextStep Robotics. They have also founded this company.
Is NextStep Robotics a funded company?
NextStep Robotics is a funded company, having raised a total of $1.6M across 3 funding rounds to date. The company's 1st funding round was a Seed of $750K, raised on Feb 08, 2018.
What does NextStep Robotics do?
NextStep Robotics was founded in 2017 in Baltimore, United States, within the medical robotics sector. A robotic device is being developed to address foot drop syndrome, which impairs toe lifting during walking. The device is designed to adapt to varying severity levels in patients. Physical therapy clinics are enabled to deliver personalized robotic therapy, supporting mobility recovery for individuals affected by the condition.
Who are the top competitors of NextStep Robotics?
What products or services does NextStep Robotics offer?
NextStep Robotics offers AMBLE and Gait Training Software.
Who are NextStep Robotics's investors?
NextStep Robotics has 2 investors. Key investors include Fort Capital, and Maryland Momentum Fund.