{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgN6_pK4LDA","lastupdate":"2020-10-07T00:00:00.000Z","update_date":"2020-10-07T00:00:00.000Z","lastModified":"Aug 12, 2025","active":1,"confidence_score":91,"confidence_score_reason":"markets, not claimed","urlname":"haptico","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$IstCSvO6M5yif4XJyYKxOPzKfd4j2YL2ZJdxIgtQIXtl7HLv4N8WdZ","name":"ElastiMed","oneliner":"Wearable Device for Improving Leg Circulation","registrar":"514943554","website":"https://www.elastimed.com","careerspage":"","founded_month":6,"founded_year":2015,"formernames":["Haptico"],"sociallinks":{"twitter":"","youtube":"https://www.youtube.com/channel/UCmqcR_aKTPi_mfKWkfPW1pQ/videos","facebook":"https://www.facebook.com/ElastiMed","linkedin":"https://www.linkedin.com/company/5007908","instagram":""},"social":["https://www.youtube.com/channel/UCmqcR_aKTPi_mfKWkfPW1pQ/videos","https://www.facebook.com/ElastiMed","https://www.linkedin.com/company/5007908"],"flattenedsociallinks":"https://www.youtube.com/channel/UCmqcR_aKTPi_mfKWkfPW1pQ/videos|https://www.facebook.com/ElastiMed|https://www.linkedin.com/company/5007908","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"1-10","employees_exact":7,"patent":1,"raised":4200000,"stage":"Seed","public_stage":"Seed","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4LuwgtgKDA","primary_sector":"Health Tech & Life Sciences","alternativenames":null,"about":"ElastiMed has developed a wearable medical device designed to improve blood circulation in the legs for the treatment of venous and lymphatic diseases.\n\nBased on proprietary technology that utilizes smart materials, ElastiMeds battery-operated device continuously massages the legs throughout the day. The device is designed to provide a comfortable, effective, and easy-to-use treatment option to address swelling and ulcers, prevent blood clots, and more.\n\nElastiMeds mobile and dynamic leg compression device can also be used to help professional and amateur athletes recover faster between and after practices and competitions. Athletes can use the device to gently massage their legs immediately after a workout session to recover more quickly. \n\nThe device is IoT compatible, integrating sensors for data generation and compliance monitoring. 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Dr. Belson, known for his extensive experience in the medical device industry and successful M&A transactions, is expected to play a crucial role in guiding ElastiMed as it aims to bring its innovative compression therapy devices to market. The appointment is seen as a strategic move to drive further innovation and growth for the company. ElastiMed is a portfolio company of The Trendlines Group Ltd. and has received funding from the Israeli Innovation Authority, Horizon 2020, and private investors.","partners":null,"customers":null,"investors":["Israeli Innovation Authority","Horizon 2020","private investors"],"confidence":9,"key_topics":["Board Appointment","Medical Devices","Innovation","Healthcare","Growth"],"date_of_event":"Not explicitly mentioned","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"YNVqhlPoQLzLt985YqlslfGWcXlARWz9XG8OE6VnKecZEzJQd5SZGV","news_summary":"/PRNewswire/ -- ElastiMed Ltd. a leading innovator in wearable medical devices, is proud to announce the appointment of Dr. Amir Belson as a member of its...","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"4KvIbBoVAPKgsPythRxBNc0u0uxzyzMDVnmRLQ6E8gvtmCLuEN5YSa","date":"Apr 18, 2022","link":"https://www.calcalistech.com/ctechnews/article/rjjz4csec","source":"www.calcalistech.com","visible":1,"analysis":{"date":"Fri Mar 14 2025","status":-1,"message":"","entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"n8OVxdCk1kKju2xmOCOUpOjJuXlGxrePKC3u36Slk1dSOp8HiLpg0y","news_summary":"ElastiMed is offering a hand to those with leg pain  | CTech","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"65a08b4e-792e-4a6d-b5ae-23747bbacde1","date":"Sep 7, 2020","link":"https://www.geektime.com/elastimed-raises-600k/","source":"www.geektime.com","visible":1,"analysis":{"tags":"Investments","company":"Elastimed","layoffs":null,"summary":"Israeli startup Elastimed has received a $600,000 investment for its smart sock product designed to help with chronic leg swelling. The product is based on electroactive polymers and provides active medical treatment throughout the day. It is currently in the final stages of development and has successfully passed initial clinical trials. Elastimed plans to use the funds for further clinical trials and to obtain FDA approval for the product.","partners":null,"customers":null,"investors":"The Trendlines Group, Pix Vine Capital, private investors, ExitValley","confidence":9,"key_topics":["Chronic leg swelling","Smart sock masseuse","Elastimed","Electroactive polymers","Clinical trials"],"date_of_event":"2020-09-07","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$600,000","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Nc1U2JKYYYY35DWrFHrQwYxVtxPzCXis65p9W8Fi85TdBH8kpe2AY1","news_summary":"Swelling pain in your legs? 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The market for compression devices to treat chronic venous diseases is estimated to be around $2.2 billion annually.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["smart wearable","compression device","chronic venous disease","clinical trials","regulatory approval"],"date_of_event":"29th June 2018","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"4xGiOu93CbjuHaK2P1aCCfHGBIs1J1ODjhWquvEJHGCnm3tDuFaZWe","news_summary":"Smart socks to treat chronic venous disease - Springwise","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"add87ef5-1a2e-44d1-9f14-c025be12060c","date":"Apr 4, 2018","link":"http://www.globes.co.il/en/article-smart-medical-sock-co-elastimed-awarded-16m-eu-grant-1001230561","source":"www.globes.co.il","visible":1,"analysis":{"tags":"wearable medical device","company":"ElastiMed","layoffs":null,"summary":"Israeli smart medical sock company Elastimed has been awarded a $1.6 million grant from the EUs Horizon 2020 program. The grant will be used for product development, clinical studies, production scale-up, marketing, and expanding the companys intellectual property. Elastimed has developed a wearable medical device that improves circulation in the legs for the treatment of venous and lymphatic diseases. The device compresses and massages the legs to increase blood circulation, providing a comfortable and affordable treatment option.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["wearable medical device","EUs Horizon 2020 program","product development","clinical studies","production scale-up"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$1.6 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"siqVsZ4MvtCQfyATW8QMq5pCYEbRsxd13KHJfBZUIcwOlabqyLBJx7","news_summary":"Smart medical sock co Elastimed awarded $1.6m EU grant","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"d5cb593f-858d-4244-bae4-feeddbefce4e","date":"Dec 31, 2017","link":"http://nocamels.com/2017/12/elastimed-smart-socks-market-2019/","source":"nocamels.com","visible":1,"analysis":{"tags":"wearable medical device","company":"Elastimed","layoffs":null,"summary":"Israeli startup Elastimed has raised a $1 million investment to develop its smart sock, a wearable medical device that improves circulation in the legs. The sock uses battery-operated technology to activate electric pulses that compress and massage the legs, stimulating blood flow. Elastimeds smart sock is targeted at athletes, pregnant women, and patients with chronic wounds, varicose veins, and other disorders. The company is now focused on clinical trials and regulatory approval, with the aim of bringing the product to market by 2019. Elastimed also plans to develop additional applications using the technology.","partners":null,"customers":null,"investors":"private investors, Israeli Innovation Authority","confidence":8,"key_topics":["smart sock","wearable medical device","circulation improvement","venous and lymphatic diseases","compression garment"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$1 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"HKNIWx3pZKD1zc2JvomgtTRBENUxhIdfUq9ULP55O0OjDeWCJv8cOD","news_summary":"Israeli Startup's 'Smart' Socks Set To Hit Market Next Year","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"a1b762af-86bc-451d-aa3c-300d2e542198","date":"Sep 25, 2017","link":"http://www.globes.co.il/en/article-israeli-smart-sock-co-elastimed-raises-1m-1001206182","source":"www.globes.co.il","visible":1,"analysis":{"tags":"wearable medical device, financing round, clinical study, regulatory filings, intellectual property","company":"ElastiMed","layoffs":null,"summary":"Israeli medical device company ElastiMed has raised $1 million in its second financing round, bringing the total raised to date to $2 million. The funds will be used for a clinical study, regulatory filings, and expanding the companys intellectual property. ElastiMed has developed a wearable medical device that improves circulation in the legs for the treatment of venous and lymphatic diseases. The device compresses and massages the legs when stimulated by an electric pulse, providing a comfortable and affordable treatment option. Existing and new investors have shown support and confidence in ElastiMeds future and potential.","partners":null,"customers":null,"investors":"The Trendlines Group, Pix Vine Capital, Israeli Innovation Authority","confidence":9,"key_topics":["wearable medical device","financing round","clinical study","regulatory filings","intellectual property"],"date_of_event":"September 25, 2017","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$1 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"u2QeguNCxIhEp5HwMhU1QFNGoxbJ9ocd81uPoYpOL0pnaBpoUeNdb5","news_summary":"Israeli smart sock co ElastiMed raises $1m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"876802c2-392b-4cdd-a224-3c91d2fd7644","date":"Sep 18, 2016","link":"http://www.israel21c.org/smart-compression-stocking-goes-on-easy-and-feels-comfy/?utm_content=bufferccc32&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer","source":"www.israel21c.org","visible":1,"analysis":{"tags":"Healthcare, Innovation","company":"ElastiMed","layoffs":"Not mentioned","summary":"Israeli start-up ElastiMed has developed a prototype for a smart medical compression stocking made from a low-cost polymer that stimulates blood flow via an electric pulse generated by a 3V battery. The company recently received $1m in funding from Trendlines Medical Incubator, Singapore-based Pix Vine Capital and a private Israeli investor. The global medical compression market is valued at $1.1bn, and ElastiMeds product aims to increase compliance and improve treatment for conditions such as Chronic Venous Insufficiency (CVI) and Deep Vein Thrombosis (DVT).","partners":"Not mentioned","customers":"Not mentioned","investors":["Trendlines Medical Incubator","Pix Vine Capital","Private Israeli investor"],"confidence":9,"key_topics":["Medical Compression Stockings","Chronic Venous Insufficiency","Electroactive Polymers","Prototype","Investment"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$1 million","structured_issues":["Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"sOX9gBgWjkVtafREStyWimFUDly0Uqqm0vjwe907j46f424OtqHAaI","news_summary":"Smart compression stocking goes on easy and feels comfy","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"899e65f8-0a64-4045-89e3-17997b802f99","date":"Sep 25, 2015","link":"http://www.globes.co.il/en/article-israeli-compression-therapy-co-elastimed-raises-1m-1001070520","source":"www.globes.co.il","visible":1,"analysis":{"tags":"wearable device, compression therapy, smart materials, CVI, DVT","company":"ElastiMed","layoffs":null,"summary":"Israeli compression therapy company ElastiMed has raised $1 million in funding. The company is developing a wearable device using smart materials to treat Chronic Venous Insufficiency (CVI) and prevent Deep Venous Thrombosis (DVT). The current compression therapy devices are inconvenient and difficult to apply, leading to low patient compliance. ElastiMeds innovative stocking aims to improve patient compliance and provide a solution for patients worldwide suffering from CVI.","partners":"Trendlines Medical","customers":null,"investors":"Pix Vine Capital","confidence":9,"key_topics":["wearable device","compression therapy","smart materials","CVI","DVT"],"date_of_event":"September 25, 2015","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$1 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"unhBdmmBZeL16b894gUJAaNbKZZnJ9nehE79ax2bAu04BzdR7MvT9t","news_summary":"Israeli compression therapy co ElastiMed raises $1m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"}],"newsNumber":10,"techcommunityinvolvement":null,"mediagallery":[{"id":"ce24fd1b-1f1a-4011-b39c-fbce3f32b894","timestamp":"2020-07-01 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