- Raised $600k funding round, Jul 2020
- Raised $1.6M grant, Apr 2018
- Raised $1M funding round, Sep 2017
About
ElastiMed has developed a wearable medical device designed to improve blood circulation in the legs for the treatment of venous and lymphatic diseases.
Based on proprietary technology that utilizes smart materials, ElastiMeds battery-operated device continuously massages the legs throughout the day. The device is designed to provide a comfortable, effective, and easy-to-use treatment option to address swelling and ulcers, prevent blood clots, and more.
ElastiMeds mobile and dynamic leg compression device can also be used to help professional and amateur athletes recover faster between and after practices and competitions. Athletes can use the device to gently massage their legs immediately after a workout session to recover more quickly.
The device is IoT compatible, integrating sensors for data generation and compliance monitoring. Additional applications for the company's technology include as a compression device for different body parts and for use in other medical and non-medical products.
Funding history · 6 rounds · $4.2M total
Q&A
- What is ElastiMed's primary business?
- ElastiMed develops a wearable medical device designed to improve blood circulation in the legs for treating venous and lymphatic diseases. It uses proprietary technology with smart materials to continuously massage the legs.
- When was ElastiMed founded?
- ElastiMed was founded in June 2015.
- What is the total amount of funding ElastiMed has raised to date?
- ElastiMed has raised a total of $4.2 million USD.
- Which investors participated in ElastiMed's September 2015 funding round?
- In September 2015, ElastiMed received funding from The Trendlines Group and Shai Buber.
- Which investors participated in ElastiMed's September 2017 funding round?
- In September 2017, ElastiMed received funding from The Trendlines Group and Pix Vine Capital.
- Did ElastiMed receive any grant funding?
- Yes, ElastiMed received a grant from EU Horizon 2020 in April 2018, amounting to $1.6 million USD.
- Who is the founder and CEO of ElastiMed?
- Omer Zelka is the Founder & CEO of ElastiMed.
Team · 1
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | elastimed.com |
|---|---|
| linkedin.com/company/5007908 | |
| facebook.com/ElastiMed | |
| YouTube | youtube.com/channel/UCmqcR_aKTPi_mfKWkfPW1pQ/videos |
Identifiers & details
| Former names | Haptico |
|---|---|
| Founded | 2015-6 |
| Employees (exact) | 7 |
Radar intelligence
Patents
| EPO | 6 |
|---|
Web history (Wayback)
| Domain | elastimed.com |
|---|
Certificate / subdomain footprint
| Subdomains | 3 |
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