Company Overview
Snapshot
Founded in October 2013 by Oren Tamari and Dr. Amit Goffer, UPnRIDE Robotics operates with 1–10 employees. The company has raised $7.62 million across 7 funding rounds from 3 investors. In February 2020, the US FDA cleared the company's Robotic Standing Wheelchair for marketing and use, making it available to wheelchair users and the elderly in the United States.
Business overview
UPnRIDE Robotics develops smart robotic mobility devices designed to improve the lives of wheelchair users. Its core product, the UPnRIDE, is a motorized device that enables users to be mobile in a standing position across various urban environments, both indoors and outdoors. This technology aims to enhance health, boost self-esteem, and reduce disability-related costs. The company operates within the Health Tech & Life Sciences sector, specifically focusing on Medical Devices and Assistive Devices, serving patients, seniors, and individuals with disabilities.
Strategic signal
In February 2020, UPnRIDE Robotics received clearance from the US FDA for its Robotic Standing Wheelchair. This regulatory approval is a significant validation of the company's technology, opening up the substantial US market for distribution and use. For investors, this signals a critical de-risking event and a clear path to commercialization and market penetration, indicating strong potential for growth and impact in the assistive technology sector.
Log in to access full profile ›Company Intelligence Q&A
- What is the primary product offered by UPnRIDE Robotics?
- UPnRIDE Robotics offers the UPnRIDE, a smart robotic mobility device designed to enable wheelchair users to be mobile in a standing position in various urban environments, both indoors and outdoors.
- When was UPnRIDE Robotics founded and by whom?
- UPnRIDE Robotics was founded in October 2013 by Oren Tamari and Dr. Amit Goffer.
- What significant regulatory milestone did UPnRIDE Robotics achieve?
- In February 2020, the US FDA cleared UPnRIDE Robotics' Robotic Standing Wheelchair for marketing and use, making it available to wheelchair users and the elderly in the United States.
- Which investors have participated in UPnRIDE Robotics' funding rounds?
- UPnRIDE Robotics has received funding from investors including OurCrowd and Together We Invest.
- What was a key funding event for UPnRIDE Robotics in 2015?
- In February 2015, UPnRIDE Robotics secured a Seed funding round of $2.08 million from OurCrowd.