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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.
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Key Metrics
Founded Year
2013
Location
Indianapolis, United States
Stage
Series B
Total Funding
$16.3M in 7 rounds
Ranked
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:lockFilter this list
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
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Recovery Force's founders and board of directors

Founder? Claim Profile
The founders of Recovery Force are Matt Wainscott and Brian Stasey.
Here are the details of Recovery Force's key team 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:
Employee count trend for Recovery Force
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Tactile Medical
Tactile Medical
1995, Minneapolis (United States), Public
Provider of lymphedema and venous ulcer treatment therapy and pumps
$23.2M
69/100
2nd
Logo for Intervene
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
Logo for Sky Medical Technology
Sky Medical Technology
2006, High Wycombe (United Kingdom), Series B
Electro stimulation devices for treatment of Deep vein thrombosis
$48.8M
55/100
4th
Logo for Micro Medical Solutions
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
Logo for enVVeno Medical
enVVeno Medical
1999, Irvine (United States), Public
Developer of medical device for the the treatment of venous diseases
$874K
48/100
6th
Logo for InVera Medical
InVera Medical
2018, Galway (Ireland), Seed
Manufacturer of medical devices for the office-based treatment of chronic venous disease
$5.34M
45/100
7th
Logo for Recovery Force
Recovery Force
2013, Indianapolis (United States), Series B
Wearable massage compression sleeves and wraps
$16.3M
42/100
8th
Logo for DeVoro Medical
DeVoro Medical
2018, Fremont (United States), Acquired
Developer of medical devices for the treatment of cardiac diseases
$18M
41/100
9th
Logo for MCS
MCS
2012, Concord (United States), Funding Raised
Developer of a compression system for treating deep vein thrombosis
-
40/100
10th
Logo for ElastiMed
ElastiMed
2015, Misgav (Israel), Seed
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

Fishers Company Lands NIH GrantInside INdiana BusinessApr 17, 2019Recovery Force, Recovery Force, NIH
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