ElastiMed
Formerly Haptico
Wearable Device for Improving Leg Circulation
Startup Seed Health Tech & Life Sciences Est. 2015
Total Raised
$4.2M
Seed
Last Round
Undisclosed
6 rounds
Investors
6
6 public
Team
1
1-10 employees
Confidence
91/100
News
10
articles
Patents
1
About
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.
Classification
Sector
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
Core Technology
Semiconductors & ElectronicsWearablesCommunicationsIOTMaterials & SubstancesPolymersSensing
Target Customer
Healthcare & Life SciencesHealthcarePatientsProvidersConsumersRecreational & LifestyleFitness & Sports
Business Model
B2BB2C
Tags
polymersnon-invasivematerialsvascularchronic-diseasehome-carepatientsdoctorsmedical-deviceswearablehealthcare-providerspreventionathletessensorsiotsportstreatments
Funding & Events
Sep 2017
Seed $1M
The Trendlines Group, Pix Vine Capital, Israel Innovation Authority
Sep 2015
Seed $1M
The Trendlines Group, Shai Buber, Pix Vine Capital
Nov 2023
Seed Undisclosed
4T Ventures
Jul 2020
Equity crowdfunding $600K
ExitValley
Apr 2018
Non-equity $1.6M
EU Horizon 2020
Non-equity Undisclosed
Office of the Chief Scientist
News (10)
Jan 13, 2025 · www.prnewswire.com
growth-positive
/PRNewswire/ -- ElastiMed Ltd. a leading innovator in wearable medical devices for treating and managing lymphatic and venous diseases, is proud to announce...
Management Changes
Oct 28, 2024 · www.prnewswire.com
growth-positive
/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...
Management Changes
Apr 18, 2022 · www.calcalistech.com
ElastiMed is offering a hand to those with leg pain | CTech
Sep 7, 2020 · www.geektime.com
growth-positive
Swelling pain in your legs? Israeli startup Elastimed raises $600k with smart sock solution
Investment
Jun 29, 2018 · www.springwise.com
growth-positive
Smart socks to treat chronic venous disease - Springwise
Customers
Apr 4, 2018 · www.globes.co.il
growth-positive
Smart medical sock co Elastimed awarded $1.6m EU grant
Investment
Dec 31, 2017 · nocamels.com
growth-positive
Israeli Startup's 'Smart' Socks Set To Hit Market Next Year
InvestmentExpand
Sep 25, 2017 · www.globes.co.il
growth-positive
Israeli smart sock co ElastiMed raises $1m
Investment
Sep 18, 2016 · www.israel21c.org
growth-positive
Smart compression stocking goes on easy and feels comfy
Investment
Sep 25, 2015 · www.globes.co.il
growth-positive
Israeli compression therapy co ElastiMed raises $1m
Investment
Details
Product Stage
Beta
Employees
1-10
Exact Count
7
District
North District
Founded
2015
Registrar
514943554
Crunchbase
haptico-ltd
Locations
HaKidma Street 7, Yokne'am Illit, Israel
Links
Website
LinkedIn
Facebook
Admin
Last Update
Aug 12, 2025
Verified by
Yanina Wainscheinker
Claimed
Yes
Missing
markets, not claimed
Team (1)
Omer Zelka
Founder & CEO
Founder
Internal
Created by
Rebecca Mack (rebeccamack26@gmail.com)
Created
2014-07-24T00:00:00.000Z
Last editor
Yanina Wainscheinker (yanina.wain@gmail.com)