STRAP Technologies

Austin, United States Founded: 2018 • Age: 8 yrs
Wearable mobility tool for visually impaired users is provided.

About STRAP Technologies

STRAP Technologies is a Healthcare company based in Austin (United States) founded in 2018 by Diego Roel. Wearable mobility tool for visually impaired users is provided. It operates in the Healthcare, Technology, and Retail sectors. STRAP Technologies has raised $1.3 million across 1 funding round from investors including Platform Capital and International Accelerator. Its chief executive, as recorded, is Diego Roel. Its focus areas include High Tech, Wearable Technology, Smart Bands and Visually Impaired. Its competitors include WearWorks, SpearIx and Oriense; 2 of its 3 listed competitors have raised funding.

Company details

STRAP Technologies was founded in 2018 in Austin, United States, within the assistive technology sector. A chest-worn vest equipped with sonar sensors is offered to detect obstacles for blind or visually impaired individuals. GPS-based navigation, Bluetooth connectivity, human presence detection, and haptic feedback are integrated for orientation and straight-line guidance. Compatibility with additional mobility devices is supported, aiding user independence in various environments.

  • Headquarters Austin, United States
  • Founders Diego Roel
  • Sectors
    Healthcare
    Technology Retail
  • Website strap.tech
  • Social LinkedIn X Facebook
Key Metrics
  • Total Equity Funding
    $1.3M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.3M (USD), Seed

    Apr 2021

  • Investors

Funding Insights of STRAP Technologies

STRAP Technologies has successfully raised a total of $1.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.3 million completed in April 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 $1.3M
  • Total Rounds 1
  • Last Round Seed β€” $1.3M
  • First Round $1.3M

    (Apr 2021)

  • Investors Count 2

All 1 funding rounds of STRAP Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2021$1.3MSeed–Platform Capital
Valuation history

2 investors in total: 2 institutional.

Investors in STRAP Technologies

STRAP Technologies has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Platform Capital and International Accelerator.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Platform Capital is engaged in providing investment capital.
platformcap.comDenver, United States
Startup accelerator
internationalaccelerator.comAustin, United States
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Investor details for STRAP Technologies

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People of STRAP Technologies

7 people are tracked at STRAP Technologies (4 in leadership, 3 in team).

NameRoleGroup
Diego Roel
Founder & CEOLeadership
Natalia Ferriz
Marketing DirectorLeadership
Ben Eynon
CTOLeadership
Mario Corona
Partner, Acting/Interim CROLeadership
Abraham López
Sr Hardware EngineerTeam
Guillermo Garcia Chávez
Embedded System Engineer JrTeam
Oscar Ramirez Hernandez
Embedded System Engineer JrTeam
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Complete people profiles for STRAP Technologies

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Timeline of STRAP Technologies

2 dated milestones of STRAP Technologies across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded STRAP Technologies is founded.
  2. Funding First funding round of $1.3M.

Competitors of STRAP Technologies

STRAP Technologies has 3 listed competitors in our database, 2 of them funded. They include WearWorks, SpearIx and Oriense.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wear.works2015New York, United States$160,000
Wearable haptic navigation devices are provided for visually impaired users.
spearix.com2016Cedar Park, United States
Provider of reliable wireless solutions for IoT applications
oriense.com2012Petersburg, United States$20,000
Navigation aids for the blind and visually impaired are developed.
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Detailed competitors of STRAP Technologies

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Top companies in Assistive & Age Tech Solutions

3 companies that operate in the same segment as STRAP Technologies (Assistive & Age Tech Solutions) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-sharing service for children's healthcare transportation is managed digitally.
2014South Pasadena, California, United StatesUSD 105.52 M123
Robotic arms are provided for mobility and rehabilitation support.
2004Boston, Massachusetts, United StatesUSD 17.21 MUSD 40.93 M185
Aira is focused on providing remote video interpreting services for accessibility.
2014San Diego, California, United StatesUSD 192.2 M
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Related news about Strap Technologies

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Frequently Asked Questions about STRAP Technologies

STRAP Technologies was founded in 2018 and raised its 1st funding round 3 years after it was founded.

STRAP Technologies is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Diego Roel is the CEO of STRAP Technologies, as recorded in our data. They have also founded this company.

STRAP Technologies is a funded company, having raised a total of $1.3M across 1 funding round to date. The company's 1st funding round was a Seed of $1.3M, raised on Apr 2021.

STRAP Technologies was founded in 2018 in Austin, United States, within the assistive technology sector. A chest-worn vest equipped with sonar sensors is offered to detect obstacles for blind or visually impaired individuals. GPS-based navigation, Bluetooth connectivity, human presence detection, and haptic feedback are integrated for orientation and straight-line guidance. Compatibility with additional mobility devices is supported, aiding user independence in various environments.

STRAP Technologies's top competitors include WearWorks, Oriense and SpearIx.

STRAP Technologies has 2 investors. Key investors include Platform Capital, and International Accelerator.

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