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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 Bender
    CEO

    Eythor 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 Hirneisen
    VP of Business Development, COO

    Bob 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 Stanfield
    VP of Global Marketing

    Morgan 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 Keane
    Director of Manufacturing, Senior Engineer

    Jerry 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 Rifkin
    CTO, Founder

    Jerome 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 & Whitney
    Lawyer
    Unconfirmed
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    Bill Jones, at Anton Collins Mitchell LLP
    Accountant
    Unconfirmed

Previous Investors

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    William Leipold, MBA, PhD
    Unconfirmed
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    Ben Ingles, PhD
    Unconfirmed
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    Christopher Diem
    Unconfirmed