Element Exo

Element Exo

We take the load off your back.

Founded 2018

Pittsburgh, United States 2 employees Non Equity Assistance Total: $487.93K Health and Wellness, Privacy and Security +1

Element Exo Inc. (formerly Maroon Assistive Technologies) is a United States-based startup founded in 2018, specializing in designing and developing lightweight exoskeletons aimed at making lifting and bending easier for workers while reducing the risk of overuse injuries. The company's flagship product, the Element Exoskeleton, is the result of extensive research conducted at the Assistive Robotics Lab at Virginia Tech in collaboration with Lowe's Home Improvement. This innovative wearable device has garnered attention for its potential to enhance the lives of industrial workers by mitigating the physical strain associated with repetitive lifting tasks. The startup's most recent funding, a Non-Equity Assistance investment on January 10, 2023, came from PGH Lab, underscoring the growing interest in the potential of Element Exo's technology. This investment not only validates the company's vision and progress but also serves as a testament to the market's recognition of the pressing need for ergonomic solutions in industrial settings. With its focus on improving workplace safety and efficiency, Element Exo has positioned itself as a compelling prospect for investors looking to support impactful solutions in the labor and assistive technology sectors.

Funding Stage	Amount	Investors	Lead Investors	Date
Non Equity Assistance	Undisclosed	1	PGH Lab	10 Jan 2023
Debt Financing	$487.93K	-		04 Jan 2023
Seed Round	Undisclosed	2	AlphaLab Gear, Innovation Works	25 May 2022

Funding Stage

Amount

Investors

Lead Investors

Date

Non Equity Assistance

Undisclosed

PGH Lab

10 Jan 2023

Debt Financing

$487.93K

04 Jan 2023

Seed Round

Undisclosed

AlphaLab Gear, Innovation Works

25 May 2022

FAQ About Element Exo

We take the load off your back.

Element Exo was founded in 2018.

Element Exo is headquartered in Pittsburgh, United States.

Element Exo operates in Health and Wellness, Privacy and Security and Sports. Its work centres on Exoskeleton, Assistive Technologies, Wearable Device and Industrial Workers.

Element Exo has approximately 2 employees.

Element Exo has completed 3 funding rounds, raising a total of $487.93K. The latest funding stage is Non Equity Assistance.

Top alternatives and competitors to Element Exo include Levitate Technologies, Inc., HealthWorks, WHOOP, Physio Pro powered by evolution, SaunaSpace. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Element Exo and Levitate Technologies, Inc. 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.

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FAQ About Element Exo