About Nufabrx
Nufabrx is a company based in Conover (United States) founded in 2011 by Jordan Schindler was acquired by FameGame in September 2023.. Nufabrx has raised $46.19 million across 6 funding rounds from investors including NC State University, WPCom Staging and Keiretsu Forum. Nufabrx offers products and services including Elbow Compression Sleeve, Weighted Neck Wrap, Back Compression Wrap, Calf and Shin Compression Sleeve, and Arm Compression Sleeve. Nufabrx operates in a competitive market with competitors including Theranica, Sooma Oy, Bone Health Technologies, Mainstay Medical and SPR Therapeutics, among others.
- Headquarter Conover, United States
- Founders Jordan Schindler
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$46.19 M (USD)
in 6 rounds
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Latest Funding Round
$10 M (USD), Series A
Oct 14, 2021
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Investors
NC State University
& 10 more
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Employee Count
Employee Count
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Acquired by
FameGame
(Sep 25, 2023)
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Products & Services of Nufabrx
Nufabrx offers a comprehensive portfolio of products and services, including Elbow Compression Sleeve, Weighted Neck Wrap, Back Compression Wrap, Calf and Shin Compression Sleeve, and Arm Compression Sleeve. 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.
Sleeve infused with medicine for targeted elbow pain relief.
Wrap delivers medicine for neck pain management and support.
Wrap provides infused relief for back pain during daily activities.
Sleeve offers medicine-infused support for calf and shin discomfort.
Sleeve releases medicine for arm pain relief and compression.
Sleeve provides targeted relief for leg pain through infused fabric.
Sleeve aids ankle pain management with medicine-infused material.
Sleeve offers wrist pain relief via direct skin contact medicine.
Sleeve delivers infused medicine for knee pain and joint support.
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Funding Insights of Nufabrx
Nufabrx has successfully raised a total of $46.19M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in October 2021. 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 6
- Last Round Series A — $10.0M
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First Round
First Round
(16 Feb 2015)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Debt – Conventional - Nufabrx | Valuation |
investors |
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| Oct, 2021 | Amount | Series A - Nufabrx | Valuation | Matt Soule | |
| Feb, 2021 | Amount | Series A - Nufabrx | Valuation |
investors |
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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 Nufabrx
Nufabrx has secured backing from 11 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include NC State University, WPCom Staging and Keiretsu Forum. 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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Member-led angel investments are provided to North Carolina companies.
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Founded Year | Domain | Location | |
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Accredited investors are networked for private equity funding opportunities.
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Founded Year | Domain | Location | |
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Multiple courses and degrees are offered across diversified academic streams.
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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 Nufabrx
| 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 - Nufabrx
| 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 |
Nufabrx Comparisons
Competitors of Nufabrx
Nufabrx 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 Theranica, Sooma Oy, Bone Health Technologies, Mainstay Medical and SPR Therapeutics, 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 |
Therapeutic devices for pain management are developed and manufactured.
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| domain | founded_year | HQ Location |
Non-invasive neuromodulation therapies
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| domain | founded_year | HQ Location |
Bone Health Technologies creates a wearable device to treat osteopenia and prevent osteoporosis.
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| domain | founded_year | HQ Location |
Provider of rehabilitation solutions for patients and doctors
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| domain | founded_year | HQ Location |
Pioneers non-invasive devices for chronic pain relief through medical innovation.
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| domain | founded_year | HQ Location |
Wearable bioelectronic devices for acoustic medicine treatments are developed.
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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 Nufabrx
Frequently Asked Questions about Nufabrx
When was Nufabrx founded?
Nufabrx was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Nufabrx located?
Nufabrx is headquartered in Conover, United States. It is registered at Conover, North Carolina, United States.
Who is the current CEO of Nufabrx?
Jordan Schindler is the current CEO of Nufabrx. They have also founded this company.
Is Nufabrx a funded company?
Nufabrx is a funded company, having raised a total of $46.19M across 6 funding rounds to date. The company's 1st funding round was a Series A of $1.26M, raised on Feb 16, 2015.
What does Nufabrx do?
Nufabrx was founded in 2011 and is based in Conover, United States. Wearable fabrics with therapeutic properties for pain management are developed and provided by the company. Products such as shirts, pants, socks, and arm sleeves are included in its offerings, with a flagship item that releases active ingredients. Therapeutic benefits are claimed to persist after washing. Operations focus on health technology in the wearable sector.
Who are the top competitors of Nufabrx?
Nufabrx's top competitors include Theranica, Mainstay Medical and Profusa.
What products or services does Nufabrx offer?
Nufabrx offers Elbow Compression Sleeve, Weighted Neck Wrap, Back Compression Wrap, Calf and Shin Compression Sleeve, and 5 more products and services.
Who are Nufabrx's investors?
Nufabrx has 11 investors. Key investors include NC State University, WPCom Staging, Keiretsu Forum, Charlotte Angel Fund, and Matt Soule.