GRIT (Therapeutic Devices) Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Private

  • Employees
  • 10

Employees

  • 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.us
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 10 Cabot Road
  • Suite 103
  • Medford, MA 02155
  • United States
+1 (877)
Primary Industry
Therapeutic Devices
Other Industries
Other Devices and Supplies
Vertical(s)
Corporate Office
  • 10 Cabot Road
  • Suite 103
  • Medford, MA 02155
  • United States
+1 (877)

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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
To view GRIT (Therapeutic Devices)’s complete valuation and funding history, request access »

GRIT (Therapeutic Devices) Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Seed
To view GRIT (Therapeutic Devices)’s complete cap table history, request access »

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
To view GRIT (Therapeutic Devices)’s complete patent history, request access »

GRIT (Therapeutic Devices) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
To view GRIT (Therapeutic Devices)’s complete investors history, request access »

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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