ElastiMed
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Overview
ElastiMed offers the next generation of smart medical devices. Combining innovative material technology, ElastiMed’s first application is a smart, wearable, active compression device for improving circulation in the legs.
ElastiMed has developed a wearable medical device, that is designed to improve circulation in the legs, for the treatment of venous and lymphatic diseases. Based on proprietary technology, that utilizes innovative smart materials, ElastiMed’s sock compresses and massages the legs when stimulated by an electric pulse. The smart sock is expected to provide patients with a comfortable, easy-to-wear, effective and affordable treatment option to help prevent symptoms such as swelling, blood clots, and leg ulcers.
About
Industries
Health Care, Medical Device, Therapeutics
Founded
2015
Employees
1-10
Headquarters locations
Asia
Social
N/A
Profile Resume
ElastiMed headquartered in Asia, operates in the Health Care, Medical Device, Therapeutics sector. The company focuses on Health Care and has secured $175.5M in funding across 48 round(s). With a team of 1-10 employees, ElastiMed is actively contributing to advancements in Health Care. Their latest funding round, Seed Round - ElastiMed, raised $1.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
4
Investors
1
Lead Investors
0
Total Funding Amount
$3.7M
Details
1
ElastiMed has raised a total of $3.7M in funding over 1 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2015 | Seed | 1.0M |
Investors
ElastiMed is funded by 9 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Trendlines Group | - | FUNDING ROUND - Trendlines Group | 1.0M |
| Israel Innovation Authority | - | FUNDING ROUND - Israel Innovation Authority | 1.0M |
| ElastiMed | - | FUNDING ROUND - ElastiMed | 1.0M |
| Pix Vine Capital | - | FUNDING ROUND - Pix Vine Capital | 1.0M |
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