BIONIK - About the company
BIONIK is a public company based in Toronto (Canada), founded in 2010 by Michal Prywata and Thiago Caires. It operates as a Provider of assistive and rehabilitation hardware and software solutions. BIONIK has raised an undisclosed amount in funding. The company has 450 active competitors, including 110 funded and 27 that have exited. Its top competitors include companies like Ekso Bionics, Ceribell and SuitX.
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.
- Website
- www.bioniklabs.com/
- Email ID
- *****@bioniklabs.com
- Phone Number
- +1 **********
- Registered Address
- Watertown, Massachusetts
Key Metrics
Founded Year
2010
Location
Toronto, Canada
Stage
Public
Latest Funding Round
Investors
Ranked
27th among 450 active competitors
Annual Revenue
$1M - $10M as on Mar 31, 2023
Employee Count
7 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with BIONIK
BIONIK is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BIONIK LABORATORIES CORP. CIN: 1508381 , United States, Active | $1M - $10M (As on Mar 31, 2023) | - | - | |
INTERACTIVE MOTION TECHNOLOGIES, INC. CIN: 43413761 , United States, Active | Dec 31, 1999 | - | 3 (As on Dec 31, 2024) | - |
BIONIK's IPO details
BIONIK got listed on Mar 02, 2015.
Click here to take a look at BIONIK's IPO in detail
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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. 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 | 1073773 | Post IPO | 6823876 | 1401341 | 5219677 | 3529598 |
Apr 21, 2016 | 9947115 | Post IPO | 5740652 | 1645648 | 8619107 | 6624083 |
Jul 07, 2015 | 6306404 | Post IPO | 9598657 | 3284689 | 8829213 | 2840709 |
View details of BIONIK's funding rounds and investors
BIONIK's founders and board of directors
Founder? Claim ProfileThe founders of BIONIK are Michal Prywata and Thiago Caires.
Here are the details of BIONIK's key team members:
- Michal Prywata: Co-Founder of BIONIK and founder of 1 other company.
- Thiago Caires: Co-Founder and CTO of BIONIK.
View details of BIONIK's Founder profiles and Board Members
BIONIK's employee count trend
BIONIK has 7 employees as of Jun 26. Here is BIONIK's employee count trend over the years:
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BIONIK's Competitors and alternates
Top competitors of BIONIK include Ekso Bionics, Ceribell and SuitX. Here is the list of Top 10 competitors of BIONIK, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ekso Bionics 2005, San Rafael (United States), Public | Developer of exoskeletons for rehabilitation and personal mobility assistance | $24.4M | 70/100 | |
2nd | Ceribell 2014, Mountain View (United States), Public | EEG system for the diagnosis of seizures | $188M | 69/100 | |
3rd | SuitX 2012, Berkeley (United States), Acquired | Exoskeleton solutions for industry, enhancing worker safety and productivity | $5.13M | 66/100 | |
4th | 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 | |
5th | Wandercraft 2012, Paris (France), Series D | Provider of AI-powered exoskeleton solutions | $142M | 65/100 | |
6th | Cala Health 2013, Stanford (United States), Series D | Developer of a wearable non-invasive neuromodulation device | $257M | 65/100 | |
7th | Myomo 2004, Boston (United States), Public | Provider of a robotic arm for mobility and rehabilitation | $17.2M | 62/100 | |
8th | Blackrock Neurotech 2008, Salt Lake City (United States), Acquired | Developer of medical devices for neurological therapies | $22.4M | 62/100 | |
9th | Mainstay Medical 2008, Dublin (Ireland), Public | Provider of rehabilitation solutions for patients and doctors | $27.2M | 60/100 | |
10th | AI-based therapy plans solutions for neurodegenerative diseases | $12.3M | 58/100 | ||
27th | Provider of assistive and rehabilitation hardware and software solutions | - | 48/100 |
Looking for more details on BIONIK's competitors? Click here to see the top ones
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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Bionik Laboratories Granted United States Patent for Innovative Rehabilitation TechnologyBusiness Wire•Sep 14, 2023•BIONIK
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Bionik Laboratories Negotiates Distribution Deal for InMotion Robotic DevicesMedical Product Outsourcing•Jul 07, 2023•BIONIK, Promed Tech
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Canada's robotics firm Bionik Labs further expands footprint in AsiaBioSpectrum Asia•May 05, 2023•BIONIK
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Bionik Laboratories Reports Third Quarter Fiscal Year 2023 Financial ResultsBusiness Wire•Feb 08, 2023•BIONIK
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Richard Russo Jr. Appointed CEO at Bionik LaboratoriesMedical Product Outsourcing•Nov 10, 2022•BIONIK
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Bionik Laboratories Reports Second Quarter Fiscal Year 2023 Financial ResultsACROFAN•Nov 09, 2022•BIONIK
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Bionik Laboratories Acquires Florida Rehabilitation Center; First in Strategic National RolloutBusiness Wire•Sep 08, 2022•BIONIK
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