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Steadiwear - About the company

Steadiwear is a seed company based in Toronto (Canada), founded in 2015 by Mark Elias. It operates as a Designer & manufacturer of healthcare gloves. Steadiwear has raised $1.29M in funding from MassChallenge and 3W Partners. The company has 11 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like Cala Health, GyroGear and STIL.

Company Details

Designer & manufacturer of healthcare gloves. The company claims that its products are designed to intelligently stabilize the wrist joint in Essential Tremor and Parkinson's disease. It allows patients to perform daily activities comfortably. Its gloves are washable and battery-free.
Social
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Registered Address
112 College Street, Toronto
Key Metrics
Founded Year
2015
Location
Toronto, Canada
Stage
Seed
Total Funding
$1.29M in 6 rounds
Ranked
Employee Count
10 as on May 31, 2026
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Steadiwear's funding and investors

Steadiwear has raised a total funding of $1.29M over 6 rounds. Its first funding round was on May 17, 2017. Its latest funding round was a Conventional Debt round on Sep 24, 2025 for $*****. 1 investor participated in its latest round. Steadiwear has 11 institutional investors.

Here is the list of recent funding rounds of Steadiwear:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 24, 2025
5663068
Conventional Debt
6827407
2738706
8859278
7954609
Sep 24, 2025
2450860
Seed
3591609
1126268
6271480
Sep 24, 2025
1224164
Grant (prize money)
8027918
6245893
6601139
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Steadiwear's founders and board of directors

Founder? Claim Profile
The founders of Steadiwear is Mark Elias. Mark Elias is the CEO of Steadiwear.
Here are the details of Steadiwear's key team members:

Steadiwear's Board of Directors

Steadiwear's board has 3 active members. Mark Elias, Charles Plant and Emile Maamary are independent board members.
Here is the list of Steadiwear's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
10y 11m
kmpbuwj
Independent board member
-
Current
9y 2m
bpupqym
Independent board member
-
Current
9y 4m

Steadiwear's employee count trend

Steadiwear has 10 employees as of May 26. Here is Steadiwear's employee count trend over the years:
Employee count trend for Steadiwear
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Steadiwear's Competitors and alternates

Top competitors of Steadiwear include Cala Health, GyroGear and STIL. Here is the list of Top 10 competitors of Steadiwear, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Cala Health
Cala Health
2013, Stanford (United States), Series D
Developer of a wearable non-invasive neuromodulation device
$257M
65/100
2nd
Logo for Steadiwear
Steadiwear
2015, Toronto (Canada), Seed
Designer & manufacturer of healthcare gloves
$1.29M
49/100
3rd
Logo for GyroGear
GyroGear
2015, London (United Kingdom), Seed
Provider of smart gloves for people suffering from Parkinson's disease
$4.3M
39/100
4th
Logo for STIL
STIL
2016, Delft (Netherlands), Seed
Developer of a wearable device for tremor suppression
-
34/100
5th
Developer of smart wearable for the treatment of essential tremors and other movement-related disorders
$1.48M
28/100
6th
Logo for Neuresko
Neuresko
2024, Rishikesh (India), Unfunded
Developer of a smartwatch device for tremor relief in elderly
-
-
28/100
7th
Logo for Liftware
Liftware
2011, San Francisco (United States), Acquired
Provider of stabilizing spoon handle for patients with tremors
$1M
25/100
8th
Logo for Galanto Innovations
Galanto Innovations
2021, Ahmedabad (India), Funding Raised
Developer of rehabilitation technologies focusing on hand rehabilitation
-
25/100
9th
Logo for Cala Trio
Cala Trio
2019, Burlingame (United States), Deadpooled
Provider of smart wearable devices for hand tremors
-
-
21/100
10th
Developer of assistive devices, including dynamic arm and head support systems
-
-
21/100
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Steadiwear's Investments and acquisitions

Steadiwear has made no investments or acquisitions yet.

Reports related to Steadiwear

Here is the latest report on Steadiwear's sector:

News related to Steadiwear

Media has covered Steadiwear for 1 event in last 1 year, It was about company updates.
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FAQs about Steadiwear

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