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AbiliTech Medical

AbiliTech Medical is developing a medical device to help patients who live with neuromuscular weakness use their arms to live independently.

  • Stage Prototype Ready
  • Industry Medical Devices and Equipment
  • Location Minneapolis, MN, US
  • Currency USD
  • Founded August 2016
  • Employees 4
  • Incorporation Type C-corp
  • Website abilitechmedical.com

Company Summary

AbiliTech Medical is building a suite of orthotic devices to support and assist the arms in functional tasks required for independence in daily lives. The AbiliTech Assist will receive FDA clearance in 2020, followed by a hand device in 2022, and entrance into the Stroke Rehabilitation market in 2023. The total market opportunity this year is greater than $2 billion and grows to $37 billion over three years, with gross margins up to 75%.

Team

Previous Investors

  • Default avatar
    Bios Partners
    Unconfirmed
    Default avatar
    EFO Holdings
    Unconfirmed
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    DEFTA Partners
    Unconfirmed