# Active Protective Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/active-protective-technologies

- Industry: Medical Devices & Equipment
- Headquarters: Fort Washington, US
- Website: www.activeprotective.com
- Total disclosed funding: $7.3M
- Latest round: Series A (Dec 13, 2017)
- Investors on record: 6

## About

Active Protective Technologies, Inc. specializes in innovative safety solutions through their Tango Belt, designed to enhance mobility and prevent falls in elderly individuals, leveraging advanced airbag technology for injury reduction.Active Protective Technologies, Inc. was founded in 2006 and is headquartered in Fort Washington, US. The company focuses on developing wearable safety devices, particularly the Tango Belt. Wamis Singhatat serves as the CEO. In December 2017, Active Protective raised USD 4.7 mn in Series A financing led by Generator Ventures, with participation from Key Safety Systems, Inc., Leading Edge Ventures, Philadelphia College of Osteopathic Medicine, and Princeton BioPharma Capital Partners, bringing their total amount raised to USD 4.7 mn.ActiveProtective specializes in the development and manufacturing of the Tango Belt, a wearable device aimed at enhancing safety and mobility for users, particularly the elderly. The Tango Belt features advanced technology that detects shifts in the wearer's body position, deploying a protective airbag system to cushion falls and minimize injury risk. The target market includes seniors, caregivers, and healthcare facilities focusing on fall prevention, with distribution planned for North America and select European markets.ActiveProtective generates revenue primarily through direct sales of the Tango Belt to consumers and partnerships with healthcare providers and facilities. The company operates on a B2C model, allowing individual purchases while engaging in B2B transactions with institutions focused on eldercare. Various pricing plans are available, including one-time purchases and potential subscription models for ongoing services. The Tango Belt serves as the flagship product, providing a comprehensive solution for fall-related injuries.Active Protective Technologies plans to utilize the recent Series A funding of USD 4.7 mn raised in December 2017 to support the design and launch of new safety devices. The company aims to expand its market presence into additional regions in Europe by 2020, while solidifying its distribution network within North America. The investment will enhance product development and facilitate entry into new geographic markets.

## Funding rounds

- Series A, Dec 13, 2017, $4.7M — Key Safety Systems, Inc., Princeton BioPharma Capital Partners, Leading Edge Ventures, Generator Ventures, Philadelphia College of Osteopathic Medicine
- Seed, Nov 22, 2016, $2.6M — Key Safety Systems, Inc., Princeton BioPharma Capital Partners, Leading Edge Ventures, Generator Ventures, Philadelphia College of Osteopathic Medicine, New York Angels

## Investors

- Key Safety Systems, Inc. — Seed, Series A
- Princeton BioPharma Capital Partners (https://capitalatlas.ai/funds/princeton-biopharma-capital-partners) — Seed, Series A
- Leading Edge Ventures (https://capitalatlas.ai/funds/leading-edge-ventures) — Seed, Series A
- Generator Ventures (https://capitalatlas.ai/funds/generator-ventures) — Seed, Series A
- Philadelphia College of Osteopathic Medicine — Seed, Series A
- New York Angels (https://capitalatlas.ai/funds/new-york-angels) — Seed