Cionic Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 25

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 11

Cionic General Information

Description

Developer of bionic clothing designed to improve mobility and independence for individuals with neurological conditions. The company's neural sleeve utilizes AI-powered sensors and adaptive muscle stimulation to measure and retrain movement in real time, enabling patients with multiple sclerosis, cerebral palsy, and stroke to walk more confidently and regain functional independence.

Contact Information

Website
www.cionic.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1500 Green Hills Road
  • Suite 109
  • Scotts Valley, CA 95066
  • United States
+1 (888)
Primary Industry
Therapeutic Devices
Other Industries
Other Healthcare Technology Systems
Vertical(s)
Digital Health, Wearables & Quantified Self, Artificial Intelligence & Machine Learning, HealthTech, Mobile
Corporate Office
  • 1500 Green Hills Road
  • Suite 109
  • Scotts Valley, CA 95066
  • United States
+1 (888)

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Cionic Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Secondary Transaction - Private Completed Generating Revenue
4. Later Stage VC (Series A) 13-Oct-2023 Completed Generating Revenue
3. Early Stage VC (Series A) 09-Sep-2022 Completed Generating Revenue
2. Early Stage VC (Series A) 15-Apr-2020 $7.75M $10.8M Completed Generating Revenue
1. Seed Round 24-Aug-2018 $3M $3M Completed Startup
To view Cionic’s complete valuation and funding history, request access »

Cionic Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-3
Series A-2
Series A-1
Series A 5,461,779 $0.000010 $0.11 $1.42 $1.42 1x $1.42 9.51%
Seed 3,750,000 $0.000010 $0.01 $0.8 $0.8 1x $0.8 6.53%
To view Cionic’s complete cap table history, request access »

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Cionic Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of bionic clothing designed to improve mobility and independence for individuals with neurological conditions.
Therapeutic Devices
Scotts Valley, CA
25 As of 2026

Santa Clarita, CA
 

Richmond, CA
 
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Cionic Competitors (2)

One of Cionic’s 2 competitors is Bioness, a Private Equity-Backed company based in Santa Clarita, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Bioness Private Equity-Backed Santa Clarita, CA
Ekso Bionics Holdings Formerly VC-backed Richmond, CA
You’re viewing 2 of 2 competitors. Get the full list »

Cionic Patents

  • 38

    Total Documents Applications and Grants

  • Total Patents Families

  • 20

    Granted

  • 14

    Pending

  • Expiring in next 12 mo

Cionic Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4753571-A1 Alternating electrodes between measurement and intervention modes to address hyperexcitability Pending 13-Oct-2023
US-20250121185-A1 Alternating electrodes between measurement and intervention modes to address hyperexcitability Pending 13-Oct-2023
WO-2025081085-A1 Alternating electrodes between measurement and intervention modes to address hyperexcitability Inactive 13-Oct-2023
US-20250121186-A1 Interleaved stimulation for motor control Pending 13-Oct-2023
US-11931571-B2 Adaptive stimulation array calibration Active 09-Aug-2021 A61N1/36031
To view Cionic’s complete patent history, request access »

Cionic Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Cionic Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
Enable Ventures Impact Investing Minority
L Catterton PE/Buyout Minority
Transformational Healthcare Venture Capital Minority
HealthTech Capital Angel Group Minority
JobsOhio Ventures Venture Capital Minority
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Cionic FAQs

  • When was Cionic founded?

    Cionic was founded in 2018.

  • Where is Cionic headquartered?

    Cionic is headquartered in Scotts Valley, CA.

  • What is the size of Cionic?

    Cionic has 25 total employees.

  • What industry is Cionic in?

    Cionic’s primary industry is Therapeutic Devices.

  • Is Cionic a private or public company?

    Cionic is a Private company.

  • What is Cionic’s current revenue?

    The current revenue for Cionic is .

  • How much funding has Cionic raised over time?

    Cionic has raised $35.3M.

  • Who are Cionic’s investors?

    Enable Ventures, L Catterton, Transformational Healthcare, HealthTech Capital, and JobsOhio Ventures are 5 of 11 investors who have invested in Cionic.

  • Who are Cionic’s competitors?

    Bioness and Ekso Bionics Holdings are competitors of Cionic.

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