About PhysioAssist
PhysioAssist is a Healthcare company based in Aix-en-provence (France) founded in 2012 by Adrien Mithalal, and was acquired by Inogen in July 2023. Bike buyers are connected to retailers via an online marketplace. PhysioAssist has raised $7.16 million across 1 funding round from investors including Inogen, Turenne Groupe and Merieux Equity Partners. Its chief executive, as recorded, is Adrien Mithalal. PhysioAssist offers products and services including Simeox and Simeox Academy. Its focus areas include Life Sciences, Pulmonology, Medical Devices and Therapeutic Devices. Its legal entity is Physio-Assist.
Company details
PhysioAssist was founded in 2012 as an e-commerce platform in the bicycle sector. An online marketplace is operated to link buyers with retailers, enabling the sale of bicycles, parts, and accessories. Listings from multiple retailers are browsed by users, prices compared, and purchases completed directly or items reserved for in-store pickup. This setup is utilized by consumers for convenience and by dealers for sales efficiency, with operations centered online.
Products & Services of PhysioAssist
PhysioAssist offers a comprehensive portfolio of products and services, including Simeox and Simeox Academy.
Provides fatigue-free bronchial drainage for chronic respiratory conditions
Online program for healthcare professionals on respiratory physiotherapy
Funding Insights of PhysioAssist
PhysioAssist has successfully raised a total of $7.16M through 1 strategic funding round. The most recent funding activity was a Series B round of $7.16 million completed in September 2017. 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 $7.16M
- Total Rounds 1
- Last Round Series B — $7.16M
- First Round $7.16M
(Sep 2017)
- Investors Count 2
All 1 funding rounds of PhysioAssist with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2017 | $7.16M | Series B | – | Merieux Equity Partners |
3 investors in total: 3 institutional.
Investors in PhysioAssist
PhysioAssist has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Inogen, Turenne Groupe and Merieux Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are made in companies across diverse sectors. | turennecapital.com | Paris, France | ||
Pivate equity firm that focuses on investing in healthcare and nutrition companies | merieux-partners.com | Lyon, France | ||
Portable oxygen concentrators are supplied for respiratory therapy needs. | 2001 | inogen.com | Goleta, United States |
Investor details for PhysioAssist
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of PhysioAssist
1 people are tracked at PhysioAssist (1 in leadership).
| Name | Role | Group |
|---|---|---|
Adrien Mithalal | Founder & CEO | Leadership |
Complete people profiles for PhysioAssist
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- Team structure
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Timeline of PhysioAssist
3 dated milestones of PhysioAssist across 11 years, from founding to its latest funding, stage changes and deals.
- Founded PhysioAssist is founded.
- Funding First funding round of $7.2M.
- Exit Acquired by Inogen.
Web traffic of PhysioAssist
The website of PhysioAssist (physioassist.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▼ 31.8% vs previous month
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Frequently Asked Questions about PhysioAssist
PhysioAssist was founded in 2012 and raised its 1st funding round 5 years after it was founded.
PhysioAssist is headquartered in Aix-en-provence, France. It is registered at Aix-en-provence, Provence-alpes-cote D'azur, France.
Adrien Mithalal is the CEO of PhysioAssist, as recorded in our data. They have also founded this company.
PhysioAssist is a funded company, having raised a total of $7.16M across 1 funding round to date. The company's 1st funding round was a Series B of $7.16M, raised on Sep 2017.
PhysioAssist was founded in 2012 as an e-commerce platform in the bicycle sector. An online marketplace is operated to link buyers with retailers, enabling the sale of bicycles, parts, and accessories. Listings from multiple retailers are browsed by users, prices compared, and purchases completed directly or items reserved for in-store pickup. This setup is utilized by consumers for convenience and by dealers for sales efficiency, with operations centered online.
PhysioAssist offers Simeox and Simeox Academy.
PhysioAssist has 3 investors. Key investors include Inogen, Turenne Groupe, and Merieux Equity Partners.
PhysioAssist operates through Physio-Assist.
Yes. PhysioAssist was acquired by Inogen in July 2023.