ElastiMed ⚠ Under review

Under review — some data on this profile may be inaccurate and is being re-verified.

Developer of a wearable medical device designed to improve circulation in the legs for the treatment of venous and lymphatic diseases.

Health Tech & Life Sciences
Active
Seed Yokne'am Illit, Israel Founded 2015
Last updated 2026-07-26
Total raised
$4.2M
Last: Undisclosed Round 2023-11
Stage
Seed
Founded
2015
Headcount
3
HQ
Yokne'am Illit, Israel
Sector
Health Tech & Life Sciences

About

ElastiMed is an Israeli medical device company pioneering the use of Electroactive Polymer (EAP) technology in wearable therapeutic devices. Founded in 2015, the company has developed MyoSleeve - an FDA-cleared wearable compression device for the treatment of venous and lymphatic conditions. MyoSleeve delivers active, programmable compression through a soft, portable sleeve, offering a fundamentally different approach to a market long dominated by stationary compression garments. ElastiMed is preparing to execute its commercial launch in the United States. The device is designed to improve circulation in the legs by mimicking rhythmic calf muscle contractions and stimulating blood flow using electrical pulses. This technology aims to provide a comfortable, easy-to-wear, and affordable treatment option for conditions such as chronic venous insufficiency (CVI), deep venous thrombosis (DVT), lymphedema, swelling, blood clots, and leg ulcers.

Funding history · 6 rounds · $4.2M total

2023-10
B Round Undisclosed
★ 4T Ventures
2020-06
A Round Extension $600K
★ ExitValley
2018-03
Grant $1.6M
2017-08
A Round $1.0M
★ Pix Vine Capital★ Israel Innovation Authority
2015-08
Seed $1.0M
★ Shai Buber★ Pix Vine Capital
1969-12
Grant Undisclosed

Headcount over time

From 5 (2018-07) to 8 (2026-03) · +3 (+60%) · 11 points · source: Finder history + radar grounding
80 2018-07 2026-03

Q&A

What is ElastiMed's primary product?
ElastiMed has developed MyoSleeve, an FDA-cleared wearable compression device designed to improve circulation in the legs for the treatment of venous and lymphatic conditions.
When was ElastiMed founded?
ElastiMed was founded in 2015.
What was ElastiMed's most recent funding round with a disclosed amount?
In May 2021, ElastiMed raised $850,000 in a Seed round.
Which investors participated in ElastiMed's Seed round in September 2015?
The Seed round in September 2015 included investments from Pix Vine Capital.
When did ElastiMed receive a significant grant from Horizon 2020?
In June 2018, ElastiMed received a grant of $1,600,000 from Horizon 2020.
What was the amount raised by ElastiMed in its equity crowdfunding round?
In July 2020, ElastiMed raised $600,000 through an equity crowdfunding round, with participation from Arc Ventures and other investors.
What is the total amount of funding ElastiMed has raised to date?
ElastiMed has raised a total of $5,697,034.
Who is the Founder and CEO of ElastiMed?
Omer Zelka is the Founder and CEO of ElastiMed.

Team · 2

Omer Zelka
Founder · Founder & CEO
Shai Buber
Founder · Executive Board Member and Investor

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
Technologies
CommunicationsIOTMaterials & SubstancesPolymersSensing
Target customers
Healthcare & Life SciencesHealthcarePatientsProvidersConsumersRecreational & LifestyleFitness & Sports
Business model
B2BB2C

Highlights

1 PatentsVerified

Tags

polymersnon-invasivematerialsvascularchronic-diseasehome-carepatientsdoctorsmedical-deviceswearablehealthcare-providerspreventionathletessensorsiotsportstreatmentswearable
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websiteelastimed.com
LinkedInlinkedin.com/company/5007908
Facebookfacebook.com/ElastiMed
YouTubeyoutube.com/channel/UCmqcR_aKTPi_mfKWkfPW1pQ/videos

Identifiers & details

Legal nameElastiMed Ltd.
Former namesHaptico
Founded2015
Employees (exact)3

Radar intelligence

Patents

EPO6

Web history (Wayback)

Domainelastimed.com

Certificate / subdomain footprint

Subdomains3

Israeli Companies Registrar (רשם החברות / ICA)

Registrar # (ח.פ.)514943554
Statusפעילה
Corp typeישראלית חברה פרטית
Incorporated2013-07-07
Purposeלעסוק בכל עיסוק חוקי
Liabilityמוגבלת
In violation (unfiled)no
Last annual report2024
Active charges / liens1
Registry events1 — charge (1)
Registered addressהקידמה 7 יקנעם עילית

Recent registry events

DateEvent
2026-05-04רישום שעבוד