About RecoverX
RecoverX is a company based in Mountain View (United States) founded in 2016 was acquired by HyperIce in January 2021.. RecoverX has raised $100 thousand across 2 funding rounds from investors including HyperIce, SportsEngine and Praxis. RecoverX operates in a competitive market with competitors including ViaTherm Therapeutics, Aspen Laser Systems, Austin CyberKnife, QST.Lab and Heat2Move, among others.
- Headquarter Mountain View, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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Funding Insights of RecoverX
RecoverX has successfully raised a total of $100K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in June 2018. 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 2
- Last Round Seed — $100,000
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First Round
First Round
(04 Feb 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2018 | Amount | Seed - RecoverX | Valuation | Praxis |
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| Feb, 2018 | Amount | Grant - RecoverX | Valuation |
investors |
| 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 |
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Investors in RecoverX
RecoverX has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include HyperIce, SportsEngine and Praxis. 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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Sector-agnostic acceleration is provided to startups by Praxis.
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Sports teams and leagues are managed through an online platform.
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Internet first brand offering smart devices for physical fitness
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| 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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by RecoverX
| 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 - RecoverX
| 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 |
Recoverx Comparisons
Competitors of RecoverX
RecoverX 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 ViaTherm Therapeutics, Aspen Laser Systems, Austin CyberKnife, QST.Lab and Heat2Move, 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 |
Pain management devices based on shortwave diathermy are developed.
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| domain | founded_year | HQ Location |
Provides advanced laser therapy devices for professionals and patients in healthcare.
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| domain | founded_year | HQ Location |
Radiation therapy for trigeminal neuralgia and cancer is developed.
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| domain | founded_year | HQ Location |
Developer of medical instruments for professionals
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| domain | founded_year | HQ Location |
Developer of blue light device for pain treatment
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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 RecoverX
When was RecoverX founded?
RecoverX was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is RecoverX located?
RecoverX is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Is RecoverX a funded company?
RecoverX is a funded company, having raised a total of $100K across 2 funding rounds to date. The company's 1st funding round was a Grant of $50K, raised on Feb 04, 2018.
What does RecoverX do?
RecoverX was founded in 2016 in Mountain View, United States, and operates in the health technology sector. Portable devices for cold and heat therapy are offered to address chronic pain, with control enabled through smartphones. Optimum temperatures are achieved rapidly via electrical current, and a rechargeable battery is included for portability. The companys domain is recoverx.io.
Who are the top competitors of RecoverX?
RecoverX's top competitors include ViaTherm Therapeutics, Austin CyberKnife and QST.Lab.
Who are RecoverX's investors?
RecoverX has 3 investors. Key investors include HyperIce, SportsEngine, and Praxis.