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ElastiMed

ElastiMed?uq=3Oe4kK1Z
2013 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.

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
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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
Yaniv Weiss Co-Founder

ElastiMed Board Members (1)

Name Representing Role Since Contact
Info
Shai Buber Self Board Member 000 0000