Steadiwear

DTC Medical Device - Steadiwear is the company behind the world&s;s first battery-free glove designed to intelligently reduces tremors.

Business Model:

Revenue: $560k

Employees: 11-50

Detailed Steadiwear Information

Geographic Data

Steadiwear headquarters map

Address: 112 College Street

City: Toronto

State: ontario

Zip: M5B 1L3

Country: CA

Financial Info

Stage:

seed

Raised Last:

$892k

Raised Total:

$3M

Metrics

3,568,431Website Global Rank

4,068Website Monthly Traffic

Twitter Followers

Description

Steadiwear&s;s flagship product is the Steadi-One, a battery-free glove that stabilizes the wrist joint for individuals with Parkinson’s disease and Essential tremors. The Steadi-One technology was inspired by leading-edge earthquake dampers used in buildings. The Steadi-Two, a miniaturized version, is currently under development with very promising results. It is based on magnetic tuned damping technology, a novel class of stabilization systems. It consists of a counterbalancing flywheel in between programmable magnets. The system naturally adapts to different tremor severities. The Steadi-One and Steadi-Two are FDA &a; Health Canada registered Class I medical devices.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
10/2017 Grant - AGE-WELL
Ontario Brain Institute
AGE-WELL
Ontario Brain Institute
7/2016 Grant $600k
1/2020 Seed Round 1 - NEXT Canada
NEXT Canada
10/2021 Seed Round $892.5k
5/2018 Grant 1 $20k Ontario Centres of Excellence
Ontario Centres of Excellence
6/2019 Convertible Note $200k
10/2020 Seed Round 1 - The Narwhal Project
The Narwhal Project
3/2016 Grant $330k
2/2018 Non Equity Assistance 1 - MassChallenge
MassChallenge
2/2016 Seed Round 1 - Ontario Centres of Excellence
Ontario Centres of Excellence
7/2021 Seed Round 3 $877k 3W Partners
Ontario Brain Institute
The Narwhal Project
3W Partners
Ontario Brain Institute
The Narwhal Project
10/2020 Seed Round 1 - The Narwhal Project
The Narwhal Project
1/2020 Seed Round 1 - NEXT Canada
NEXT Canada
2/2018 Non Equity Assistance 1 - MassChallenge
MassChallenge
10/2017 Grant 2 - AGE-WELL
Ontario Brain Institute
AGE-WELL
Ontario Brain Institute
Announced Date Name Price

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