When was ElastiMed founded?

ElastiMed was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is ElastiMed located?

ElastiMed is headquartered in Misgav, Israel.

How many employees does ElastiMed have?

As of Jul 31, 2026, the latest employee count at ElastiMed is 11.

Is ElastiMed a funded company?

ElastiMed is a funded company, having raised a total of $4.2M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 24, 2015.

When was the latest funding round of ElastiMed?

ElastiMed's latest funding was a $***** Seed round on Aug 07, 2020, with participation from 0 investor.

Where does ElastiMed rank among its competitors?

ElastiMed ranks 10th amongst 41 active competitors, of which 13 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Micro Medical Solutions, which secured $2.3M in Oct, 2025.

Who are the top competitors of ElastiMed?

ElastiMed's top competitors include Tactile Medical, Intervene and Micro Medical Solutions. Among them, Micro Medical Solutions secured the most recent funding round in October, 2025.

ElastiMed - 2026 Company Profile, Team, Funding & Competitors

ElastiMed is a seed company based in Misgav (Israel), founded in 2015 by Omer Zelka. It operates as a Wearable compression stocking to prevent Deep vein thrombosis. ElastiMed has raised $4.2M in funding. The company has 41 active competitors, including 13 funded and 7 that have exited. Its top competitors include companies like Tactile Medical, Intervene and Micro Medical Solutions.

Company Details

ElastiMed is developing a wearable compression device, to improve blood circulation in the lower extremity by mimicking rhythmic calf muscle contractions and stimulating blood flow. The compression stocking has applications in the treatment of treatment of CVI (Chronic Venous Insufficiency), Lymphedema and prevention of DVT (Deep Vein Thrombosis). Based on proprietary technology utilizing smart materials, ElastiMed’s stocking stretches and contracts when stimulated by an electric pulse (generated by a 3V battery). The company claims that these unique capabilities combined with low-cost materials and a high level of control, enables the ElastiMed stocking to provide patients with a highly effective and easy-to-wear, affordable treatment option. The products are targeted at the compression therapy market, which was estimated at $2.2B worldwide in 2014. The company is backed by Trendlines, an Israel-based innovation commercialization company.

Key Metrics

Founded Year

2015

Location

Misgav, Israel

Stage

Seed

Total Funding

$4.2M in 8 rounds

Latest Funding Round

Seed, Aug 07, 2020, $*****

Investors

Arc Ventures & 6 more

Ranked

10^th among 41 active competitors

Employee Count

11 as on Jul 31, 2026

Similar Companies

Tactile Medical & 59 more

View ElastiMed's full profile

ElastiMed has raised a total funding of $4.2M over 8 rounds. Its first funding round was on Sep 24, 2015. ElastiMed has 7 institutional investors.

Here is the list of recent funding rounds of ElastiMed:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 07, 2020	9399065	Seed	6627487	6292053	3225946	1822334
Jun 30, 2020	1717099	Grant (prize money)	9794705	3259474	9028567	EIC Fund
Jun 01, 2018	7551212	Grant (prize money)	9246318	1425433	5801910	Europa

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View details of ElastiMed's funding rounds and investors

The founders of ElastiMed is Omer Zelka.

Here are the details of ElastiMed's key team members:

Omer Zelka: Founder of ElastiMed.
Contact Info: 1 email address

View details of ElastiMed's Founder profiles and Board Members

ElastiMed's employee count trend

ElastiMed has 11 employees as of Jul 26. Here is ElastiMed's employee count trend over the years:

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Top competitors of ElastiMed include Tactile Medical, Intervene and Micro Medical Solutions. Here is the list of Top 10 competitors of ElastiMed, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tactile Medical 1995, Minneapolis (United States), Public	Provider of lymphedema and venous ulcer treatment therapy and pumps	$23.2M	Radius Ventures, Sofia Fund & 1 others	68/100
2nd	Intervene 2003, Derby (United Kingdom), Series B	Medical device company that develops catheter based therapy for chronic venous insufficieny (CVI)	$37.6M	RiverVest Venture Partners, Boston Scientific ... & 6 others	60/100
3rd	Micro Medical Solutions 2014, Wilmington (United States), Series B	Developer of a device for CLI and PAD patients to prevent amputation	$17.8M	-	53/100
4th	Sky Medical Technology 2006, High Wycombe (United Kingdom), Series B	Electro stimulation devices for treatment of Deep vein thrombosis	$48.8M	Juno Capital, Deepbridge Capital & 18 others	51/100
5th	enVVeno Medical 1999, Irvine (United States), Public	Developer of medical device for the the treatment of venous diseases	$874K	Nantahala Capital Management, Perceptive Advisors ... & 3 others	48/100
6th	InVera Medical 2018, Galway (Ireland), Seed	Manufacturer of medical devices for the office-based treatment of chronic venous disease	$5.34M	Nipro, MedTech Innovator & 4 others	47/100
7th	Recovery Force 2013, Indianapolis (United States), Series B	Wearable massage compression sleeves and wraps	$16.3M	Visionary Private Equity Group, Meridian Street Capital ... & 5 others	41/100
8th	DeVoro Medical 2018, Fremont (United States), Acquired	Developer of medical devices for the treatment of cardiac diseases	$18M	Synergy Ventures, Aperture Venture Partners ... & 1 others	41/100
9th	MCS 2012, Concord (United States), Funding Raised	Developer of a compression system for treating deep vein thrombosis	-	Accelmed, Pontifax & 2 others	40/100
10th	ElastiMed 2015, Misgav (Israel), Seed	Wearable compression stocking to prevent Deep vein thrombosis	$4.2M	Arc Ventures, EIC Fund & 5 others	51/100