ElastiMed, founded in 2015, operates in the healthcare industry and has recently secured a significant $1.60M grant investment from the European Union, further solidifying its position as an innovative and promising player in the medical device sector. With its groundbreaking approach to improving circulation using smart materials, ElastiMed presents a unique investment opportunity in the dynamic health tech market.
ElastiMed
Wearable medical device, to improve circulation, using proprietary material technology
Founded 2015
Israel
5 employees
Grant
Total: $3.65M
Health Care, Health and Wellness +1
Israel
5 employees
Grant
Total: $3.65M
Health Care, Health and Wellness +1
General Information
Company Name
ElastiMed
Founded Year
2015
Location
Israel
Israel
Founders / Decision Makers
Employees
5
Industries
Health Care, Health and Wellness, Medical Devices
Funding Stage
Grant
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Israel Market
Health Care
About ElastiMed
Taxonomy: wearable medical device, smart materials, circulation improvement, lymphatic diseases, venous diseases, artificial muscle technology, remote monitoring, personalized treatment, robotic stocking, patient engagement, leg swelling treatment, quality of life improvement
Funding Rounds & Investors (4)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Grant | $1.60M | 1 |
|
08 Apr 2018 |
| Venture Round | $1.00M | 3 |
|
26 Sep 2017 |
| Grant | €50.00K | 1 |
EASME - EU Executive Agency for SMEs
|
01 Jun 2017 |
| Seed Round | $1.00M | 1 |
|
24 Sep 2015 |
ElastiMed Alternatives & Competitors
View All Alternatives
ElastiMed vs
Sherpa
The Netherlands
On a mission to support personalized treatment by remote monitoring of neurological diseases
3 employees
Health Care, Medical Devices
ElastiMed vs
Visible
United States
Measuring and managing complex chronic illness using wearable technology
Pre-Seed
20 employees
Health Care, Health and Wellness
ElastiMed vs
Empowering patient-centered heart care to save lives.
Venture round
5 employees
Health Care, Medical Devices
FAQ About ElastiMed
Wearable medical device, to improve circulation, using proprietary material technology
ElastiMed was founded in 2015.
ElastiMed is headquartered in Israel.
ElastiMed operates in Health Care, Health and Wellness and Medical Devices. Its work centres on wearable medical device, smart materials, circulation improvement and lymphatic diseases.
ElastiMed has approximately 5 employees.
ElastiMed has completed 4 funding rounds, raising a total of $3.65M. The latest funding stage is Grant.
Top alternatives and competitors to ElastiMed include Sherpa, Visible, MyoCardioCare, Inc., Canary Medical Inc., ZOLL CMS GmbH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ElastiMed and Sherpa are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.
Source: BounceWatch company record for ElastiMed, https://bouncewatch.com/company/elastimed, updated 25 November 2024. When citing, please name BounceWatch and link this page.
