SpringWear Overview
- Year Founded
-
2021
- Status
-
Private
- Employees
-
3
- Latest Deal Type
-
Grant
- Latest Deal Amount
-
$100K
- Investors
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6
SpringWear General Information
Description
Developer of wearable hand exoskeletons intended to assist stroke survivors with limited hand opening. The company's passive and motorized devices use spring or powered extension to enable grasp and release during daily tasks and pair with a companion app that logs repetitions, duration, and range of motion, enabling clinicians to monitor prescribed at-home use between visits.
Contact Information
Website
www.springwear.techCorporate Office
- Baltimore, MD 21202-2835
- United States
Corporate Office
- Baltimore, MD 21202-2835
- United States
SpringWear Timeline
SpringWear Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Grant | 30-Nov-2025 | $100K | Completed | Startup | ||
| 7. Accelerator/Incubator | 14-Nov-2025 | Completed | Startup | |||
| 6. Grant | 08-Oct-2025 | Completed | Startup | |||
| 5. Angel (individual) | 01-Mar-2025 | Completed | Startup | |||
| 4. Accelerator/Incubator | 20-Mar-2024 | Completed | Startup | |||
| 3. Grant | 30-Nov-2023 | Completed | Startup | |||
| 2. Accelerator/Incubator | 30-Nov-2023 | Completed | Pre-Clinical Trials | |||
| 1. Grant | 30-Nov-2022 | $100K | Completed | Startup |
SpringWear Comparisons
Industry
Financing
Details
SpringWear Competitors (2)
One of SpringWear’s 2 competitors is Motus Nova, a Venture Capital-Backed company based in Atlanta, GA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Motus Nova | Venture Capital-Backed | Atlanta, GA | ||||
| Myomo | Formerly VC-backed | Burlington, MA |
SpringWear Signals
SpringWear Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| VentureWell | Accelerator/Incubator | |||
| TEDCO | Venture Capital | Minority | ||
| DMV Angel Group | Angel Group | Minority | ||
| Loyola University Maryland Endowment | Accelerator/Incubator | |||
| Open Works | Corporation | Minority |
SpringWear FAQs
-
When was SpringWear founded?
SpringWear was founded in 2021.
-
Where is SpringWear headquartered?
SpringWear is headquartered in Baltimore, MD.
-
What is the size of SpringWear?
SpringWear has 3 total employees.
-
What industry is SpringWear in?
SpringWear’s primary industry is Therapeutic Devices.
-
Is SpringWear a private or public company?
SpringWear is a Private company.
-
What is SpringWear’s current revenue?
The current revenue for SpringWear is .
-
Who are SpringWear’s investors?
VentureWell, TEDCO, DMV Angel Group, Loyola University Maryland Endowment, and Open Works are 5 of 6 investors who have invested in SpringWear.
-
Who are SpringWear’s competitors?
Motus Nova and Myomo are competitors of SpringWear.
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