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.
- Website
- steadiwear.com
- Registered Address
- 112 College Street, Toronto
Key Metrics
Founded Year
2015
Location
Toronto, Canada
Stage
Seed
Total Funding
$1.29M in 6 rounds
Latest Funding Round
Investors
Ranked
2nd among 11 active competitors
Employee Count
10 as on May 31, 2026
Similar Companies
Legal entities associated with Steadiwear
Steadiwear is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Steadiwear Inc. CIN: 939300-5 , Canada, Active | Jul 31, 2015 | - | - | - |
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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:
Filter 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 |
View details of Steadiwear's funding rounds and investors
Steadiwear's founders and board of directors
Founder? Claim ProfileThe founders of Steadiwear is Mark Elias. Mark Elias is the CEO of Steadiwear.
Here are the details of Steadiwear's key team members:
- Mark Elias: Co-Founder & CEO of Steadiwear. They serve on the board of 1 company.Contact Info: 1 email address
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 |
View details of Steadiwear's Founder profiles and Board Members
Steadiwear's employee count trend
Steadiwear has 10 employees as of May 26. Here is Steadiwear's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cala Health 2013, Stanford (United States), Series D | Developer of a wearable non-invasive neuromodulation device | $257M | 65/100 | |
2nd | Steadiwear 2015, Toronto (Canada), Seed | Designer & manufacturer of healthcare gloves | $1.29M | 49/100 | |
3rd | GyroGear 2015, London (United Kingdom), Seed | Provider of smart gloves for people suffering from Parkinson's disease | $4.3M | 39/100 | |
4th | STIL 2016, Delft (Netherlands), Seed | Developer of a wearable device for tremor suppression | - | 34/100 | |
5th | Allevion Therapeutics 2017, Irvine (United States), Seed | Developer of smart wearable for the treatment of essential tremors and other movement-related disorders | $1.48M | 28/100 | |
6th | Developer of a smartwatch device for tremor relief in elderly | - | - | 28/100 | |
7th | Liftware 2011, San Francisco (United States), Acquired | Provider of stabilizing spoon handle for patients with tremors | $1M | 25/100 | |
8th | Galanto Innovations 2021, Ahmedabad (India), Funding Raised | Developer of rehabilitation technologies focusing on hand rehabilitation | - | 25/100 | |
9th | Cala Trio 2019, Burlingame (United States), Deadpooled | Provider of smart wearable devices for hand tremors | - | - | 21/100 |
10th | ![]() Focalmeditech Germany, Unfunded | 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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