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BIONIK - About the company

BIONIK is a public company based in Toronto (Canada), founded in 2010. It operates as a Provider of assistive and rehabilitation hardware and software solutions. BIONIK has raised an undisclosed amount in funding. The company has 481 active competitors, including 113 funded and 28 that have exited. Its top competitors include companies like Ceribell, Nexstim and Ekso Bionics.

Company Details

Bionik Labs provides assistive and rehabilitation hardware and software solutions for healthcare professionals and patients. Offers InMotion Interactive Therapy, that improves upper-extremity motor retraining for patients with neurological conditions and injuries and InMotionConnect which is a software system that assists therapists to monitor & analyze the patient's progress and neurological condition. Also offers InMotionARM, which is a shoulder & elbow evaluation & therapy solution for stroke, spinal cord injury, multiple sclerosis, Parkinson's & other neurological conditions and InMotionARM/HAND which is a solution to treat patients with different deficits such as severe impairment, high level strengthening or coordination.
Social
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Email ID
*****@bioniklabs.com
Phone Number
+1 **********
Registered Address
Watertown, Massachusetts
Key Metrics
Founded Year
2010
Location
Toronto, Canada
Stage
Public
Latest Funding Round
Ranked
Annual Revenue
$1M - $10M as on Mar 31, 2023
Employee Count
8 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

BIONIK's IPO details

BIONIK got listed on Aug 14, 2017.
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BIONIK's funding and investors

BIONIK has raised funding over 3 rounds. Its first funding round was on Jul 07, 2015. Its latest funding round was a Post IPO round on May 24, 2017 for $*****. 1 investor participated in its latest round. BIONIK has 5 institutional investors.

Here is the list of recent funding rounds of BIONIK:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 24, 2017
3156655
Post IPO
6501990
7469757
1880478
7485175
Apr 21, 2016
1221771
Post IPO
3214173
9291058
6589858
4396708
Jul 07, 2015
6305771
Post IPO
6331369
8517215
8241033
2976815
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BIONIK's founders and board of directors

Founder? Claim Profile

BIONIK's employee count trend

BIONIK has 8 employees as of Aug 26. Here is BIONIK's employee count trend over the years:
Employee count trend for BIONIK
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BIONIK's Competitors and alternates

Top competitors of BIONIK include Ceribell, Nexstim and Ekso Bionics. Here is the list of Top 10 competitors of BIONIK, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ceribell
Ceribell
2014, Mountain View (United States), Public
EEG system for the diagnosis of seizures
$188M
69/100
2nd
Logo for Nexstim
Nexstim
2000, Helsinki (Finland), Public
Provider of noninvasive brain stimulation for rehabilitating stroke patients
$29.7M
67/100
3rd
Logo for Ekso Bionics
Ekso Bionics
2005, San Rafael (United States), Public
Developer of exoskeletons for rehabilitation and personal mobility assistance
$24.4M
65/100
4th
Logo for Wandercraft
Wandercraft
2012, Paris (France), Series D
Provider of AI-powered exoskeleton solutions
$142M
65/100
5th
Logo for Precision Neuroscience
Precision Neuroscience
2021, New York City (United States), Series C
Developed of brain-computer interface tool for medical treatment and drug development
$183M
65/100
6th
Logo for Cala Health
Cala Health
2013, Stanford (United States), Series D
Developer of a wearable non-invasive neuromodulation device
$257M
63/100
7th
Logo for Myomo
Myomo
2004, Boston (United States), Public
Provider of a robotic arm for mobility and rehabilitation
$17.2M
62/100
8th
Logo for Blackrock Neurotech
Blackrock Neurotech
2008, Salt Lake City (United States), Acquired
Developer of medical devices for neurological therapies
$22.4M
62/100
9th
Logo for SuitX
SuitX
2012, Berkeley (United States), Acquired
Exoskeleton solutions for industry, enhancing worker safety and productivity
$5.13M
60/100
10th
Logo for Mainstay Medical
Mainstay Medical
2008, Dublin (Ireland), Public
Provider of rehabilitation solutions for patients and doctors
$27.2M
60/100
38th
Logo for BIONIK
BIONIK
2010, Toronto (Canada), Public
Provider of assistive and rehabilitation hardware and software solutions
-
45/100
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BIONIK's Investments and acquisitions

BIONIK has acquired 2 companies including Les Trois Soleils and Interactive Motion. BIONIK has not made any investments as of now.

Reports related to BIONIK

Here is the latest report on BIONIK's sector:

News related to BIONIK

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•
Richard Russo Jr. Appointed CEO at Bionik LaboratoriesMedical Product Outsourcing•Nov 10, 2022•BIONIK
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