ErgonometriX is slashing the $200 billion the US economy spends on workers&s; compensation yearly for lower back injuries in the workplace.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Rockville
State: Maryland
Zip:
Country: United States
ErgonometriX is disrupting the ineffective and long-standing approach to reducing lower back injuries in the workplace. ErgonometriX lowers worker&s;s compensation insurance costs by deploying injury-preventing technology and cloud-based analytic systems that reduce lower back injuries in the workplace. ErgonometriX provides medically approved, focused feedback to company ergonomics, health, and team leaders that lowers the incidence of dangerous and medically risky back movements. ErgonometriX’s device, Back-Lift™, incorporates a nine-degrees-of-freedom Inertial Measurement Unit, a microcontroller and memory. Back-Lift™ uses proprietary algorithms to selectively capture and store worker&s;s lifting motions. Data from each worker’s device is uploaded to the cloud and analyzed using additional proprietary algorithms to provide individualized feedback on a regular basis for retraining by ergonomics/safety officers. Feedback enables and incentivizes employees to cease doing risky movements and undertake the proper ones.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2015 | Seed Round | 1 | - |
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10/2015 | Seed Round | 1 | - |
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