YBSOFT logo — Saving lives with anti-roll wheelchair brakes

YBSOFT

Saving lives with anti-roll wheelchair brakes

Founded 2013 Korea South Korea South 4 employees Series B Total: $5.60B Health Care, Manufacturing +1

General Information

Company Name YBSOFT
Founded Year 2013
Location Korea South Korea South
Employees 4
Industries Health Care, Manufacturing, Medical Devices
Funding Stage Series B
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About YBSOFT

YBSOFT is a medical device company revolutionizing wheelchair safety with its anti-roll wheelchair brakes. The company's solution aims to prevent falls by securing wheelchairs in place when users transition in and out. YBSOFT's innovative wheelchairs feature a failsafe patented design, employing a safety bar or seatbelt to automatically lock the brakes upon release of the locking mechanism, providing enhanced stability. Notably, YBSOFT has achieved the milestone of being the first Korean wheelchair to receive approval from the American FDA. With over 60 patent registrations and applications, the company stands out in the Health Care, Manufacturing, and Medical Devices sectors. Since its establishment in 2013 in South Korea, YBSOFT has garnered significant attention, culminating in a notable KRW4.00B Series B investment led by Alpen Route Asset Management and NeoSpring on 15th April 2019.

Business keywords: Healthcare Innovation, Mobility Solutions, Accessibility Technology, Falls Prevention, FDA Approval, Patented Solutions, Safety Engineering, Innovative Wheelchair Brakes

Funding Rounds & Investors (3)

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Funding Stage Amount Investors Lead Investors Date
Series B KRW4.00B 2
Alpen Route Asset Management, NeoSpring
15 Apr 2019
Series A KRW1.50B -
02 Jul 2016
Seed Round KRW100.00M -
10 Jan 2016

YBSOFT Alternatives & Competitors

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YBSOFT vs
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FAQ About YBSOFT

Saving lives with anti-roll wheelchair brakes
YBSOFT was founded in 2013.
YBSOFT is headquartered in Korea South.
YBSOFT operates in Health Care, Manufacturing and Medical Devices. Its work centres on Healthcare Innovation, Mobility Solutions, Accessibility Technology and Falls Prevention.
YBSOFT has approximately 4 employees.
YBSOFT has completed 3 funding rounds, raising a total of $5.60B. The latest funding stage is Series B.
Top alternatives and competitors to YBSOFT include A/X Medical, Klaxon Mobility , LifeValves Limited, Peaar Healthtech LLP, Vicair - Seating & Positioning Products. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
YBSOFT and A/X Medical 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 YBSOFT, https://bouncewatch.com/company/ybsoft, updated 3 March 2025. When citing, please name BounceWatch and link this page.

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