GRIT (Therapeutic Devices) Overview
- Year Founded
-
2011

- Status
-
Private
- Employees
-
10

- Latest Deal Type
-
Accelerator/Inc
- Latest Deal Amount
-
$120K
- Investors
-
5
GRIT (Therapeutic Devices) General Information
Description
Manufacturer of wheelchairs designed to provide mobility to people with disabilities on rough terrain. The company's products consist of wheels, seatbacks, and footrests that can be disassembled in less than a minute and also use a lever drivetrain made from bike parts, enabling users to travel by wheelchair on any terrain.
Contact Information
Website
www.gogrit.usCorporate Office
- 10 Cabot Road
- Suite 103
- Medford, MA 02155
- United States
Corporate Office
- 10 Cabot Road
- Suite 103
- Medford, MA 02155
- United States
GRIT (Therapeutic Devices) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Accelerator/Incubator | 13-Jan-2023 | $120K | Completed | Generating Revenue | ||
4. Grant | 30-Apr-2020 | Completed | Generating Revenue | |||
3. Seed Round | 22-Jun-2017 | Completed | Generating Revenue | |||
2. Seed Round | 12-Aug-2015 | $756K | $1.11M | Completed | Generating Revenue | |
1. Accelerator/Incubator | 23-Oct-2012 | $350K | $350K | Completed | Generating Revenue |
GRIT (Therapeutic Devices) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Seed |
GRIT (Therapeutic Devices) Patents
GRIT (Therapeutic Devices) Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20240000642-A1 | Lever drivetrain system | Pending | 12-Dec-2020 | ||
US-9644730-B2 | Demountable coupling system and apparatus | Active | 04-Aug-2014 | ||
JP-2017528193-A | Removable linkage system and device | Pending | 04-Aug-2014 | ||
US-20160069445-A1 | Demountable coupling system and apparatus | Active | 04-Aug-2014 | ||
EP-3188704-A1 | Demountable coupling system and apparatus | Inactive | 04-Aug-2014 | A61G5/023 |
GRIT (Therapeutic Devices) Signals
GRIT (Therapeutic Devices) Investors (5)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Techstars | Accelerator/Incubator | Minority | ||
Citizens Financial Group | Corporation | |||
Launchpad Venture Group | Angel Group | Minority | ||
Grotmol Solutions | Venture Capital | Minority | ||
MassChallenge | Accelerator/Incubator | Minority |
GRIT (Therapeutic Devices) FAQs
-
When was GRIT (Therapeutic Devices) founded?
GRIT (Therapeutic Devices) was founded in 2011.
-
Where is GRIT (Therapeutic Devices) headquartered?
GRIT (Therapeutic Devices) is headquartered in Medford, MA.
-
What is the size of GRIT (Therapeutic Devices)?
GRIT (Therapeutic Devices) has 10 total employees.
-
What industry is GRIT (Therapeutic Devices) in?
GRIT (Therapeutic Devices)’s primary industry is Therapeutic Devices.
-
Is GRIT (Therapeutic Devices) a private or public company?
GRIT (Therapeutic Devices) is a Private company.
-
What is GRIT (Therapeutic Devices)’s current revenue?
The current revenue for GRIT (Therapeutic Devices) is
. -
How much funding has GRIT (Therapeutic Devices) raised over time?
GRIT (Therapeutic Devices) has raised $2.63M.
-
Who are GRIT (Therapeutic Devices)’s investors?
Techstars, Citizens Financial Group, Launchpad Venture Group, Grotmol Solutions, and MassChallenge have invested in GRIT (Therapeutic Devices).
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