About Reliefband
Reliefband is a company based in Chicago (United States) founded in 2015.. Reliefband has raised $6 million across 2 funding rounds. Reliefband offers products and services including Reliefband Premier+, Reliefband Sport, and Reliefband Flex. Reliefband operates in a competitive market with competitors including EndoChoice, EndoGastric Solutions, CoapTech, SafeStitch and Endo Tools Therapeutics, among others.
- Headquarter Chicago, United States
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Sectors
TechnologyHealthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Reliefband Technologies, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 2 rounds
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Latest Funding Round
$1000 K (USD), Series A
Nov 01, 2017
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Investors
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Employee Count
Employee Count
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Products & Services of Reliefband
Reliefband offers a comprehensive portfolio of products and services, including Reliefband Premier+, Reliefband Sport, and Reliefband Flex. 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.
FDA-cleared device for fast nausea relief from migraines and motion.
Sports-focused device for nausea during physical activities.
Flexible option for various nausea causes like hangovers.
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Leadership Team
2 people
Sales and Marketing
2 people
Operations Team
1 people
Communications Team
1 people
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Funding Insights of Reliefband
Reliefband has successfully raised a total of $6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1000 thousand completed in November 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 Total Funding
- Total Rounds 2
- Last Round Series A — $999,999
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First Round
First Round
(15 Sep 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Series A - Reliefband | Valuation |
investors |
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| Sep, 2015 | Amount | Series A - Reliefband | 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 |
Investments & Acquisitions by Reliefband
| 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 - Reliefband
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Reliefband Comparisons
Competitors of Reliefband
Reliefband 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 EndoChoice, EndoGastric Solutions, CoapTech, SafeStitch and Endo Tools 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 |
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| domain | founded_year | HQ Location |
Devices, systems, and services are provided for GI specialists.
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Incisionless transoral procedures for upper GI diseases are developed.
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Minimally invasive gastrostomy feeding tube placement method is developed.
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| domain | founded_year | HQ Location |
Medical devices for gastrointestinal and bariatric surgery are developed.
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| domain | founded_year | HQ Location |
Endoscopic catheters for precision in gastroenterology are developed.
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| domain | founded_year | HQ Location |
Implant to treat GERD
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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 Reliefband
Frequently Asked Questions about Reliefband
When was Reliefband founded?
Reliefband was founded in 2015.
Where is Reliefband located?
Reliefband is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Reliefband a funded company?
Reliefband is a funded company, having raised a total of $6M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Sep 15, 2015.
What does Reliefband do?
Reliefband was founded in 2015 in Chicago, United States, within the health technology sector. A wearable device is produced by the company for treating nausea and vomiting through gentle electrical pulses applied to the wrist, which stimulate the median nerve and modulate neural pathways via the vagus nerve to restore gastric rhythm. The technology is patented and cleared by the FDA, with operations focused on device development and distribution.
Who are the top competitors of Reliefband?
Reliefband's top competitors include CoapTech, Endo Tools Therapeutics and EndoChoice.
What products or services does Reliefband offer?
Reliefband offers Reliefband Premier+, Reliefband Sport, and Reliefband Flex.