Recovery Force - About the company
Recovery Force is a series B company based in Indianapolis (United States), founded in 2013 by Matt Wainscott and Brian Stasey. It operates as a Wearable massage compression sleeves and wraps. Recovery Force has raised $16.3M in funding. The company has 39 active competitors, including 13 funded and 8 that have exited. Its top competitors include companies like Tactile Medical, Intervene and Sky Medical Technology.
Company Details
Recovery Force has developed wearable massage compression sleeves and wraps that enhance blood flow to targeted muscle groups that are ideal for warm-up and recovery. Their S.M.A.R.T. gear is designed to be worn on a person’s body to provide increased blood flow to fatigued muscles and connective- and soft-tissue groups via a series of rhythmic, sequential compressions. Smart gear uses rhythmic compressions to help prevent Deep Vein Thrombosis which results from sitting for long periods of time.
- Website
- recoveryforceusa.com
Key Metrics
Founded Year
2013
Location
Indianapolis, United States
Stage
Series B
Total Funding
$16.3M in 7 rounds
Latest Funding Round
Investors
Ranked
7th among 39 active competitors
Employee Count
14 as on Jul 01, 2024
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Recovery Force's funding and investors
Recovery Force has raised a total funding of $16.3M over 7 rounds. Its first funding round was on 2014. Its latest funding round was a Grant (prize money) round on Oct 30, 2020 for $*****. 2 investors participated in its latest round. Recovery Force has 6 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Recovery Force:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 30, 2020 | 4779446 | Grant (prize money) | 1744587 | 6119959 | 7651684 | 3490345 |
Sep 23, 2019 | 5939629 | Series B | 8720352 | 2593396 | 5015297 | |
Apr 17, 2019 | 5683463 | Grant (prize money) | 4203982 | 9648111 | 9920357 |
View details of Recovery Force's funding rounds and investors
Recovery Force's founders and board of directors
Founder? Claim ProfileThe founders of Recovery Force are Matt Wainscott and Brian Stasey.
Here are the details of Recovery Force's key team members:
- Matt Wainscott: Co-Founder of Recovery Force. Contact Info: 1 email address
- Brian Stasey: Co-Founder of Recovery Force. Contact Info: 1 email address
View details of Recovery Force's Founder profiles and Board Members
Recovery Force's employee count trend
Recovery Force has 14 employees as of Jul 24. Here is Recovery Force's employee count trend over the years:
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Recovery Force's Competitors and alternates
Top competitors of Recovery Force include Tactile Medical, Intervene and Sky Medical Technology. Here is the list of Top 10 competitors of Recovery Force, ranked by Tracxn score:
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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 | 69/100 | |
2nd | Intervene 2003, Derby (United Kingdom), Series B | Medical device company that develops catheter based therapy for chronic venous insufficieny (CVI) | $37.6M | 59/100 | |
3rd | Sky Medical Technology 2006, High Wycombe (United Kingdom), Series B | Electro stimulation devices for treatment of Deep vein thrombosis | $48.8M | 55/100 | |
4th | Micro Medical Solutions 2014, Wilmington (United States), Series B | Developer of a device for CLI and PAD patients to prevent amputation | $17.8M | - | 52/100 |
5th | enVVeno Medical 1999, Irvine (United States), Public | Developer of medical device for the the treatment of venous diseases | $874K | 48/100 | |
6th | InVera Medical 2018, Galway (Ireland), Seed | Manufacturer of medical devices for the office-based treatment of chronic venous disease | $5.34M | 45/100 | |
7th | Recovery Force 2013, Indianapolis (United States), Series B | Wearable massage compression sleeves and wraps | $16.3M | 42/100 | |
8th | DeVoro Medical 2018, Fremont (United States), Acquired | Developer of medical devices for the treatment of cardiac diseases | $18M | 41/100 | |
9th | MCS 2012, Concord (United States), Funding Raised | Developer of a compression system for treating deep vein thrombosis | - | 40/100 | |
10th | Wearable compression stocking to prevent Deep vein thrombosis | $4.2M | 39/100 |
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Recovery Force's Investments and acquisitions
Recovery Force has made no investments or acquisitions yet.
News related to Recovery Force
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Fishers Company Lands NIH GrantInside INdiana Business•Apr 17, 2019•Recovery Force, Recovery Force, NIH
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Jabil, Recovery Force Advance Blood-Clot Prevention With New E-Textile TechnologyTextile Industries Media Group•Nov 08, 2018•Jabil, Recovery Force
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