ElastiMed Overview
- Founded
-
2015

- Status
-
Private
- Employees
-
5

- Latest Deal Type
-
Crowdfunding
- Latest Deal Amount
-
$600K
- Investors
-
7
ElastiMed General Information
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 is based on proprietary technology and innovative smart materials that compress and massage 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, thereby enabling elderly patients with chronic venous insufficiency to get a highly effective and easy-to-wear, affordable treatment option.
Contact Information
- HaKidma Street 7
- Yokneam Ilit
- Israel
ElastiMed Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Equity Crowdfunding | 01-Jul-2020 | $600K | 00.00 | Completed | Generating Revenue | |
4. Grant | 01-Apr-2018 | 00.00 | 000 | Completed | Generating Revenue | |
3. Early Stage VC | 25-Sep-2017 | 000 | 000 | 000.00 | Completed | Generating Revenue |
2. Grant | 29-Mar-2017 | $53.5K | $1M | Completed | Generating Revenue | |
1. Seed Round | 24-Sep-2015 | $1M | $1M | Completed | Startup |
ElastiMed Comparisons
Industry
Financing
Details
ElastiMed Competitors (9)
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 | 0000000000 | 000.00 |
0000 00000 | Formerly VC-backed | Concord, CA | 00 | 000.00 | 000000&0 | 000.00 |
000 000000 | Formerly PE-Backed | Lewisville, TX | 0000 | 00000 | 000000&0 | 00000 |
00000 0000000 0000 | Private Equity-Backed | Irvine, CA | 000 | 000.00 | 000000000 | 000.00 |
00000-0000 | Private Equity-Backed | Mineral Wells, TX | 00 | 000000000 - |
ElastiMed Patents
ElastiMed Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20220416689-A1 | Method of using a hydroelectric actuator to create a controllable pressure on a cylindrically shaped object | Pending | 21-Oct-2019 | 000000000 | |
US-20210242392-A1 | A strap having a portion of electro-active polymer, methods and mechanisms for making and using the same | Pending | 02-May-2018 | 0000000000 | |
EP-3787565-A4 | A strap having a portion of electro-active polymer, methods and mechanisms for making and using the same | Pending | 02-May-2018 | 0000000000 | 0 |
EP-3787565-A2 | A strap having a portion of electro-active polymer, methods and mechanisms for making and using the same | Pending | 02-May-2018 | 0000000000 | |
EP-3661470-A2 | Mechanisms for pre-stretching electro-active polymers by a pre-determined amount and methods of use thereof | Pending | 01-Aug-2017 | A61H23/02 |
ElastiMed Executive Team (3)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Omer Zelka | Co-Founder & Chief Executive Officer | ||
Shai Buber | Board Member |
ElastiMed Board Members (4)
Name | Representing | Role | Since |
---|---|---|---|
Barak Singer | Self | Board Member | 000 0000 |
D. Todd Dollinger | Self | Board Member | 000 0000 |
Ran Bronstein | Self | Board Member | 000 0000 |
Shai Buber | ElastiMed | Board Member | 000 0000 |
ElastiMed Signals
ElastiMed Investors (7)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Arc Ventures (United States) | Venture Capital | Minority | 000 0000 | 000000 0 | |
Israel Innovation Authority | Government | 000 0000 | 000000 0 | ||
Horizon 2020 SME Instrument | Government | 000 0000 | 000000 0 | ||
David and Laura Merage Foundation | Limited Partner | Minority | 000 0000 | 000000 0 | |
Pix Vine Capital | Corporate Venture Capital | Minority | 000 0000 | 000000 0 |