Numotion

Rocky Hill, United States Founded: 2001 • Age: 25 yrs Acquired By AEA Investors
Mobility assistance devices including power wheelchairs and scooters are supplied.
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About Numotion

Numotion is a company based in Rocky Hill (United States) founded in 2001 was acquired by AEA Investors in September 2018.. The company has 2,948 employees as of December 31, 2022. Numotion has completed 2 acquisitions, including Monroe Wheelchair and SpinLife. Numotion operates in a competitive market with competitors including Kalogon Smart Cushion, Permobil, Rowheels, Pride Mobility and HiPR Innovation, among others.

  • Headquarter Rocky Hill, United States
  • Employees 2948 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    2948

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    AEA Investors

    (Sep 25, 2018)

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People of Numotion
Headcount 1000-5000
Employee Profiles 99
Board Members and Advisors 20
Employee Profiles
People
John Pryles
Chief Commercial And Operations Officer
People
Mike Swinford
CEO
People
James Hartman
Executive Vice President
People
Tamás Feitel
Chief Financial Officer

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Board Members and Advisors
people
Cindy Borths
Advisor
people
Lonnie Price
Advisor
people
Kristi Roher
Advisor
people
Prentice Cox
Advisor

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Funding Insights of Numotion

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2011 Amount Series A - Numotion Valuation

investors

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 Numotion

Numotion has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include LLR Partners and AEA Investors. 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
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm investing in technology and healthcare businesses for growth capital.
Founded Year Domain Location
Private equity and debt firm focused on mid-market companies
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 Numotion

Numotion has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Monroe Wheelchair and SpinLife. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Disability products are offered for online purchase and home delivery.
1999
Wheelchairs are manufactured for individuals with mobility disabilities.
1941
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Numotion

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

Numotion Comparisons

Employees
+
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Competitors of Numotion

Numotion 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 Kalogon Smart Cushion, Permobil, Rowheels, Pride Mobility and HiPR Innovation, 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
Manufacturer of wheelchairs
domain founded_year HQ Location
Electric-powered wheelchairs and mobility products are developed and manufactured.
domain founded_year HQ Location
Wheelchair wheels with reverse propulsion system are provided.
domain founded_year HQ Location
Designs and produces power wheelchairs, mobility scooters, and lift recliners for user assistance.
domain founded_year HQ Location
Pressure ulcer prevention solutions for wheelchair patients are provided.
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.

Frequently Asked Questions about Numotion

When was Numotion founded?

Numotion was founded in 2001 and raised its 1st funding round 10 years after it was founded.

Where is Numotion located?

Numotion is headquartered in Rocky Hill, United States. It is registered at Rocky Hill, Connecticut, United States.

How many employees does Numotion have?

As of Dec 31, 2022, the latest employee count at Numotion is 2,948.

What does Numotion do?

Numotion was founded in 2001 and is headquartered in Rocky Hill, United States. Products for mobility assistance are developed and distributed, encompassing power wheelchairs, manual wheelchairs, pediatric equipment, in-wheel suspension systems, standard wheelchairs, and scooters. Additional offerings include urological, incontinence, enteralnutritional, and personal care items sourced from major manufacturers, serving the healthcare and assistive technology sectors.

Who are the top competitors of Numotion?

Numotion's top competitors include Kalogon Smart Cushion, Permobil and Rowheels.

How many acquisitions has Numotion made?

Numotion has made 2 acquisitions, including Monroe Wheelchair, and SpinLife.

Who are Numotion's investors?

Numotion has 2 investors. Key investors include LLR Partners, and AEA Investors.

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