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GaitTronics - About the company

GaitTronics is an early stage company based in Ottawa (Canada), founded in 2012 by Aliasgar Morbi and Richard Beranek. It operates as a Develops robots for effortless mobility for seniors. GaitTronics has raised $600K in funding. The company has 213 active competitors, including 59 funded and 17 that have exited. Its top competitors include companies like Otto Bock, HyperIce and MedRhythms.

Company Details

GaitTronics has developed a robot which helps seniors in assisted moving. The robot named SoloWalk has completed the product development phase and the launch is targeted for early 2016. The product is targeted towards elders with hip replacement surgery. Owing to the minimal assistance needed, it greatly reduces the effort needed to be provided by care givers.
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Key Metrics
Founded Year
2012
Location
Ottawa, Canada
Stage
Early Stage
Total Funding
$600K in 1 round
Ranked
Employee Count
1 as on Jul 01, 2024
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GaitTronics's funding and investors

GaitTronics has raised a total funding of $600K over 1 round. Its latest funding round was a Grant (prize money) round on Jun 24, 2012 for $*****. 1 investor participated in its latest round. GaitTronics has 2 institutional investors.

Here is the list of recent funding rounds of GaitTronics:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 24, 2012
2807131
Grant (prize money)
1892850
3016449
9543560
8025923
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GaitTronics' founders and board of directors

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The founders of GaitTronics are Aliasgar Morbi and Richard Beranek.
Here are the details of GaitTronics' key team members:

GaitTronics' employee count trend

GaitTronics has 1 employees as of Jul 24. Here is GaitTronics's employee count trend over the years:
Employee count trend for GaitTronics
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GaitTronics's Competitors and alternates

Top competitors of GaitTronics include Otto Bock, HyperIce and MedRhythms. Here is the list of Top 10 competitors of GaitTronics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Otto Bock
Otto Bock
1919, Duderstadt (Germany), Public
Manufacturer of prosthetic and orthotic solutions, and industrial exoskeletons
$17M
76/100
2nd
Logo for HyperIce
HyperIce
2011, Irvine (United States), Series C
Internet first brand offering smart devices for physical fitness
$52.5M
68/100
3rd
Logo for MedRhythms
MedRhythms
2013, Boston (United States), Series B
Provider of wearable devices to combat neurological injuries and recover walking functions
$63.2M
62/100
4th
Logo for Startoon Labs
Startoon Labs
2017, Secunderabad (India), Seed
Developer of medical device for physiotherapy assessment, monitoring, and reporting
$465K
61/100
5th
Logo for Proteor
Proteor
1913, Dijon (France), Funding Raised
Developer of prostheses and orthoses devices for orthopedic supports
-
60/100
6th
Logo for KT Tape
KT Tape
2009, American Fork (United States), Acquired
Manufacturer of kinesiology tape, health products, and related application accessories
-
57/100
7th
Logo for ROM Technologies
ROM Technologies
2013, Fairfield (United States), Series D
Provider of clinician-controlled at-home physical therapy devices
$533M
-
52/100
8th
Logo for RxFunction
RxFunction
2010, Minneapolis (United States), Series B
Provider of wearable prosthesis for people with sensory peripheral neuropathy
$39.9M
52/100
9th
Logo for Neofect
Neofect
2010, San Francisco (United States), Public
Neurorehabilitation solutions using technology to inspire hope and improve lives
$4M
49/100
10th
Logo for Adapttech
Adapttech
2015, Porto (Portugal), Series A
Provider of smart prosthetic technology for orthopedic rehabilitation
$7.45M
46/100
80th
Logo for GaitTronics
GaitTronics
2012, Ottawa (Canada), Early Stage
Develops robots for effortless mobility for seniors
$600K
28/100
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GaitTronics's Investments and acquisitions

GaitTronics has made no investments or acquisitions yet.

Reports related to GaitTronics

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News related to GaitTronics

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