ElastiMed
2015
FOUNDED
PRIVATE
STATUS
1-10
EMPLOYEES
Early Stage VC
LATEST DEAL TYPE
$1M
LATEST DEAL AMOUNT
5
INVESTORS
Description
Developer of a wearable medical device designed to improve circulation in the legs for the treatment of venous and lymphatic diseases. The company's wearable active compression device, based on proprietary technology and innovative smart materials, compresses and massages the legs when stimulated by an electric pulse and its smart sock provides patients with an affordable treatment option to prevent symptoms such as swelling, blood clots, leg ulcers and sports injuries, enabling elderly patients with chronic venous insufficiency to get a highly effective and easy-to-wear, affordable treatment option.
Website
Formerly Known As
Haptico
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Therapeutic Devices
Primary Office
- HaKidma 7
- Yokneam Ilit
- Israel
+972 000-000-0000
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ElastiMed Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC | 25-Sep-2017 | $1M | 000 | Completed | Generating Revenue | |
| 2. Grant | 29-Mar-2017 | 000.00 | 000 | Completed | Startup | |
| 1. Seed Round | 24-Sep-2015 | $1M | $1M | Completed | Startup |
ElastiMed Competitors (3)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Recovery Force | Venture Capital-Backed | Fishers, IN | 00 | 000.00 | 00000000000 | 000.00 |
| 0000 00000 | Formerly VC-backed | Concord, CA | 00 | 000.00 | 000000&0 | 000.00 |
| 00000 000000 | Angel-Backed | Leesburg, VA | 00 | 00.00 | 0000000000 | 00.00 |
ElastiMed Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Israel Innovation Authority | Government | 000 0000 | 000000 0 | |||
| Horizon 2020 | Government | 000 0000 | 000000 0 | |||
| David and Laura Merage Foundation | Limited Partner | Minority | 000 0000 | 000000 0 | ||
| Pix Vine Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| The Trendlines Group | Accelerator/Incubator | Minority | 000 0000 | 000000 0 |
ElastiMed Executive Team (2)
| Name | Title | Board Seat |
Contact Info |
|---|---|---|---|
| Omer Zelka | Co-Founder & Chief Executive Officer |
1 Former Executive
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