ElastiMed
Wearable Device for Improving Leg Circulation
StartupElastiMed is a Yokne'am Illit-based startup in the Health Tech & Life Sciences sector, established in 2015. Wearable Device for Improving Leg Circulation. The company has raised a total of $4.2M across 6 funding rounds, currently at the Seed stage. ElastiMed was founded by Omer Zelka. Key investors include 4T Ventures, ExitValley, The Trendlines Group, among 6 total investors. The company has 1-10 employees. Core technologies: Semiconductors & Electronics, Wearables, Communications, IOT, Materials & Substances, Polymers, Sensing.
With $4.2M in total funding, ElastiMed is a Seed-stage company operating in Health Tech & Life Sciences. The company follows a B2B/B2C business model. Product stage: Beta. The company holds 1 patent.
- StageSeed
- ProductBeta
- ModelB2B, B2C
- Employees1-10
- HQYokne'am Illit
- DistrictNorth District
- Last RoundUndisclosed
- 4T Ventures
- ExitValley
- The Trendlines Group
6 investors total
Omer ZelkaFounder & CEO
10 articles covered by sources including www.prnewswire.com,
www.calcalistech.com,
www.geektime.com,
www.springwise.com,
www.globes.co.il.
What does ElastiMed do?
ElastiMed has developed a wearable medical device designed to improve blood circulation in the legs for the treatment of venous and lymphatic diseases. Based 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. ElastiMeds 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. The device is IoT compatible, integrating sensors for data generation and compliance monitoring. Additional applications for the company's technology include as a compression device for different body parts and for use in other medical and non-medical products.
How much funding has ElastiMed raised?
ElastiMed has raised $4.2M in total funding across 6 rounds. The company is currently at the Seed stage. Key investors include 4T Ventures, ExitValley, The Trendlines Group.
Who founded ElastiMed?
ElastiMed was founded in 2015 by Omer Zelka (Founder & CEO).
What sector is ElastiMed in?
ElastiMed operates in Health Tech & Life Sciences, Medical Devices, Medical Treatment & Therapeutics, with core technologies in Semiconductors & Electronics, Wearables, Communications, IOT, Materials & Substances, Polymers, Sensing. Target customers: Healthcare & Life Sciences, Healthcare, Patients, Providers, Consumers, Recreational & Lifestyle, Fitness & Sports.
Where is ElastiMed located?
ElastiMed is based in HaKidma Street 7, Yokne'am Illit, Israel, North District.