When was SuitX founded?

SuitX was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is SuitX located?

SuitX is headquartered in Berkeley, United States.

How many employees does SuitX have?

As of Aug 31, 2026, the latest employee count at SuitX is 57.

Is SuitX a funded company?

SuitX is a funded company, having raised a total of $5.13M across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jun 25, 2013.

When was the latest funding round of SuitX?

SuitX's latest funding was a $***** Series B round on May 11, 2021, with participation from 0 investor. Its primary sector is Consumer Robotics. In United States, the Consumer Robotics sector has seen $292M in funding in 2026 to date.

Where does SuitX rank among its competitors?

SuitX ranks 5th amongst 143 active competitors, of which 35 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Lifeward, which secured $11.2M in Jul, 2026.

Who are the top competitors of SuitX?

SuitX's top competitors include Ekso Bionics, Wandercraft and Hypershell. Among them, Lifeward secured the most recent funding round in July, 2026.

SuitX - 2026 Company Profile, Funding & Competitors

Company Details

Exoskeleton solutions for industry, enhancing worker safety and productivity. The company develops and provides body-worn exoskeletons, also known as "wearables," designed to make physically demanding jobs easier and safer. They offer a complete suite of exoskeletons for various applications, including solutions for the back, shoulders, and full body. These exoskeletons aim to reduce physical strain, prevent injuries, and improve overall worker well-being. The company focuses on innovation and human-empowering technology, offering global product and implementation support. Their solutions cater to industries like logistics, automotive, and manufacturing, promoting ergonomic workplaces and increased efficiency. They also offer digital wearable solutions for advanced analytics and employee health monitoring, providing insights for various industrial branches. The company's products are designed to be practical, powerful accessories that can be used separately or in conjunction with their main series, strengthening global industry by empowering workers.

Website: www.suitx.com/en/home
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Email ID: *****@suitx.com

Key Metrics

Founded Year

2012

Location

Berkeley, United States

Stage

Acquired

Total Funding

$5.13M in 5 rounds

Latest Funding Round

Series B, May 11, 2021, $*****

Investors

Wistron & 3 more

Ranked

5^th among 143 active competitors

Employee Count

57 as on Aug 31, 2026

Similar Companies

Ekso Bionics & 166 more

Exit Details

Acquired by Otto Bock (Nov 03, 2021)

View SuitX's full profile

SuitX got acquired by Otto Bock on Nov 03, 2021.

Click here to take a look at SuitX's acquisition in detail

SuitX has raised a total funding of $5.13M over 5 rounds. Its first funding round was on Jun 25, 2013. SuitX has 4 institutional investors.

Here is the list of recent funding rounds of SuitX:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 11, 2021	6155576	Series B	8493218	1761978	4053196	1161765
Sep 26, 2018	2310798	Series B	1540231	4462235	8693714	4158937
Apr 15, 2015	9034028	Grant (prize money)	7722936	7733732	5792881	National Science Foundation

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View details of SuitX's funding rounds and investors

SuitX's employee count trend

SuitX has 57 employees as of Aug 26. Here is SuitX's employee count trend over the years:

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Top competitors of SuitX include Ekso Bionics, Wandercraft and Hypershell. Here is the list of Top 10 competitors of SuitX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ekso Bionics 2005, San Rafael (United States), Public	Developer of exoskeletons for rehabilitation and personal mobility assistance	$24.4M	Western Technology Investment, Saints Capital ... & 14 others	65/100
2nd	Wandercraft 2012, Paris (France), Series D	Provider of AI-powered exoskeleton solutions	$142M	Quadrant, Innovation Capital & 21 others	65/100
3rd	Hypershell 2024, Shenzhen (China), Series B	Manufacturer of AI-powered wearable exoskeletons for mobility enhancement	$120M	Photon Venture Capital, Source Code Capital ... & 2 others	64/100
4th	Myomo 2004, Boston (United States), Public	Provider of a robotic arm for mobility and rehabilitation	$17.2M	Mountain Group Partners, Empery Asset Management ... & 5 others	62/100
5th	SuitX 2012, Berkeley (United States), Acquired	Exoskeleton solutions for industry, enhancing worker safety and productivity	$5.13M	Wistron, Green River Investment & 2 others	60/100
6th	Lifeward 2001, Marlborough (United States), Public	Developer of exoskeletons for individuals with spinal cord injuries and stroke rehabilitation	$27.9M	Kreos Capital, Shavit Capital & 2 others	56/100
7th	RoboCT Technology 2017, Hangzhou (China), Series B	Digital platform focusing on rehabilitation and elderly care by combining human-computer interactions	$29.4M	Lanchi Venture Capital, Fortune Capital & 5 others	54/100
8th	Wearable Robotics 2014, Pisa (Italy), Series A	Exoskeletons and robotic rehabilitation devices	$8.51M	Progress Tech Transfer, CDP Venture Capital ... & 8 others	53/100
9th	Trexo Robotics 2016, Mississauga (Canada), Seed	A battery operated exoskeleton device	$1.54M	Y Combinator, Social Starts & 8 others	51/100
10th	Japet Medical Devices 2016, Lille (France), Seed	Exoskeleton for the relief from lower back pain	$2.32M	HAX, SOSV & 4 others	50/100