Element Exo Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 2

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $488K

  • Investors
  • 5

Element Exo General Information

Description

Developer of wearable industrial exoskeletons designed to reduce physical strain and prevent work-related back injuries. The company offers lightweight and portable passive exoskeletons that require no batteries or motors and decrease muscle activity during lifting tasks, enabling manufacturing, logistics, healthcare, military, agriculture, and construction workers to improve safety, increase productivity, and reduce employee turnover.

Contact Information

Formerly Known As
Maroon Assistive Technologies
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 6945 Lynn Way
  • Pittsburgh, PA 15208
  • United States
+1 (540)
Primary Industry
Other Commercial Products
Corporate Office
  • 6945 Lynn Way
  • Pittsburgh, PA 15208
  • United States
+1 (540)

Element Exo Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Element Exo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC 19-May-2023 $488K Completed Generating Revenue
4. Grant 07-Feb-2023 Completed Generating Revenue
3. Seed Round 25-May-2022 Completed Generating Revenue
2. Accelerator/Incubator 01-Jan-2021 $25K $25K Completed Startup
1. Accelerator/Incubator Completed Startup
To view Element Exo’s complete valuation and funding history, request access »

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Element Exo Patents

Element Exo Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250065489-A1 Back support exoskeleton Pending 23-Aug-2023

Element Exo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Element Exo Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds
Richard King Mellon Foundation Limited Partner
AlphaLab Accelerator/Incubator Minority
Innovation Works Venture Capital Minority
Apex Center for Entrepreneurs Accelerator/Incubator Minority
PGH Lab Accelerator/Incubator
To view Element Exo’s complete investors history, request access »

Element Exo FAQs

  • When was Element Exo founded?

    Element Exo was founded in 2018.

  • Where is Element Exo headquartered?

    Element Exo is headquartered in Pittsburgh, PA.

  • What is the size of Element Exo?

    Element Exo has 2 total employees.

  • What industry is Element Exo in?

    Element Exo’s primary industry is Other Commercial Products.

  • Is Element Exo a private or public company?

    Element Exo is a Private company.

  • What is Element Exo’s current revenue?

    The current revenue for Element Exo is .

  • How much funding has Element Exo raised over time?

    Element Exo has raised $563K.

  • Who are Element Exo’s investors?

    Richard King Mellon Foundation, AlphaLab, Innovation Works, Apex Center for Entrepreneurs, and PGH Lab have invested in Element Exo.

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