GyroGear - About the company
GyroGear is a seed company based in London (United Kingdom), founded in 2015 by Joon Faii Ong. It operates as a Provider of smart gloves for people suffering from Parkinson's disease. GyroGear has raised $4.3M in funding from Foxconn Electronics, with a current valuation of £*****. The company has 67 active competitors, including 21 funded and 3 that have exited. Its top competitors include companies like Ceribell, Cala Health and Kernel.
Company Details
Provider of smart gloves for people suffering from Parkinson's disease. The glove uses patent-pending technology, as well as couples spinning discs (gyroscopes) to the hand. These gyroscopes instantaneously and proportionally stabilize hand tremors.
- Website
- gyrogear.co
- Social
Key Metrics
Founded Year
2015
Location
London, United Kingdom
Stage
Seed
Total Funding
$4.3M in 3 rounds
Latest Funding Round
Post Money Valuation
£***** as on Aug 10, 2021
Investors
Ranked
16th among 67 active competitors
Employee Count
14 as on May 31, 2026
Legal entities associated with GyroGear
GyroGear is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Gyrogear Limited CIN: 10065147 , United Kingdom, Active | Mar 15, 2016 | - | 4 (As on Mar 31, 2024) |
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GyroGear's funding and investors
GyroGear has raised a total funding of $4.3M over 3 rounds. Its first funding round was on Sep 01, 2018. Its latest funding round was a Grant (prize money) round on Aug 31, 2021 for $*****. 1 investor participated in its latest round. GyroGear has 7 institutional investors.
Here is the list of recent funding rounds of GyroGear:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 31, 2021 | 5005915 | Grant (prize money) | 8021561 | 6968713 | 3100656 | 6222130 |
Feb 26, 2021 | 1305744 | Seed | 5778700 | 7356356 | 8024183 | |
Sep 01, 2018 | 4494194 | Grant (prize money) | 8954799 | 7286157 | 3306619 |
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GyroGear's founders and board of directors
Founder? Claim ProfileThe founders of GyroGear is Joon Faii Ong.
Here are the details of GyroGear's key team members:
- Joon Faii Ong: Founder of GyroGear.
View details of GyroGear's Founder profiles and Board Members
GyroGear's employee count trend
GyroGear has 14 employees as of May 26. Here is GyroGear's employee count trend over the years:
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GyroGear's Competitors and alternates
Top competitors of GyroGear include Ceribell, Cala Health and Kernel. Here is the list of Top 10 competitors of GyroGear, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Ceribell 2014, Mountain View (United States), Public | EEG system for the diagnosis of seizures | $188M | 69/100 | |
2nd |  Cala Health 2013, Stanford (United States), Series D | Developer of a wearable non-invasive neuromodulation device | $257M | 65/100 | |
3rd |  Kernel 2016, Los Angeles (United States), Series C | Developer of multimodal brain measurement technology for neuromedicine | $158M | 51/100 | |
4th | NeuroEM 2013, Tampa (United States), Series A | Developer of medical device a non-invasive treatment for cognitive decline | $9M | 50/100 | |
5th | Provider of wearable brain training devices | $8.21M | 50/100 | ||
6th |  Steadiwear 2015, Toronto (Canada), Seed | Designer & manufacturer of healthcare gloves | $1.29M | 49/100 | |
7th | Provider of assistive and rehabilitation hardware and software solutions | - | 48/100 | ||
8th | Developer of AI-powered electromagnetic stimulation technology for stroke disability recovery | $48.8M | 44/100 | ||
9th | Advanced Brain Monitoring 1997, San Diego (United States), Early Stage | Provider of neuro-diagnostics devices for researchers and clinical trials | $1.24M | 44/100 | |
10th | _1591353569283.jpg?devicePixelRatio=2&height=30&width=30){kind=logo} Rhaeos 2018, Evanston (United States), Series A | Developer of a noninvasive device to monitor CSF and manage hydrocephalus | $12.8M | 43/100 | |
16th | GyroGear 2015, London (United Kingdom), Seed | Provider of smart gloves for people suffering from Parkinson's disease | $4.3M | 39/100 |
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GyroGear's Investments and acquisitions
GyroGear has made no investments or acquisitions yet.
Reports related to GyroGear
Here is the latest report on GyroGear's sector:
News related to GyroGear
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GyroGear raises $4.3M for its medical glove which aids people living with tremorsMobiHealthNews•Mar 25, 2021•GyroGear, Foxconn Electronics, Fidelium Group
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