FitBionic
FitBionic makes prosthetic limbs that help amputees cultivate healthy lifestyles while dramatically improving clinician profitability.
- Stage Full Product Ready
- Industry Medical Devices and Equipment
- Location United States
- Currency USD
- Founded March 2005
- Employees 6
- Website fitbionic.com
Company Summary
FitBionic makes bionic limbs that dramatically improve clinician profitability while providing research-verified health benefits in a $2 billion international market with 8% annual growth. Our products are affordable and reimbursable through Medicare. We target the 80% of amputees who are diabetics over 40. As Class I – Exempt devices, our products have essentially no FDA pre-market hurdles or costs.
Team
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Eythor BenderCEOEythor Bender is the past president of Ossur Americas, the largest prosthetics company is the US (#2 in the world). He grew Ossur from a startup to a $380M/year multinational. While he was CEO of Ekso Bionics, his team opened the market for a wearable robot that enables wheelchair users to walk, and sold close to 30 units ($130K each) in year 1. Eythor holds a master’s in Business and Economics from Germany.
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Bob HirneisenVP of Business Development, COOBob Hirneisen has over 20 years’ experience leading fast-growth and transitional companies, with specific expertise in investor relations and exit strategies. He has served as a consultant to Fortune 500 and Fortune 10 companies on issues including supply chain development. He holds a BS in Computer Integrated Manufacturing, with a minor in Electrical Engineering, and has graduate studies in Business and Information Technology.
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Morgan StanfieldVP of Global MarketingMorgan Stanfield, VP of Global Marketing, is an award-winning communications specialist in the field of prosthetics. She previously served as Marketing Director for prosthetics manufacturer Orthocare Innovations, and as an editor and lead writer at the #1 professional magazine in prosthetics. Her contact list contains 95% of all US prosthetists. She has graduate training in technical communications and interface usability.
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Jerry KeaneDirector of Manufacturing, Senior EngineerJerry Keane has over twenty years’ experience in the medical device industry, with core competencies in design for manufacturability and plastic injection molding. He has a long track record of bringing product concepts to market success. A dedicated problem solver, Jerry’s decades-long career and skill set make him a valuable team member.
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Jerome RifkinCTO, FounderJerome Rifkin is a biomedical engineer whose prosthetic foot technology has been recognized by Popular Science as a Top Ten Invention of the Year, and by the Bard Center as the Best New Industrial Product. He is the recipient of $1.2 million in NIH funding. Jerome’s passion for assistive technology stems from his own experiences in recovering full walking function after a catastrophic injury.
Advisors
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Mike Weiner, Partner at Dorsey & WhitneyLawyerUnconfirmed
Bill Jones, at Anton Collins Mitchell LLPAccountantUnconfirmed
Previous Investors
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William Leipold, MBA, PhDUnconfirmed
Ben Ingles, PhDUnconfirmed
Christopher DiemUnconfirmed
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