Cionic

Medical Devices & EquipmentSeries ASan Francisco, UScionic.com

Latest round

Series A

Last raised

Sep 2023

Total raised

$24M

Investors

8

About Cionic

Cionic, Inc.Founded in 2018 in San Francisco, US, Cionic, Inc. specializes in creating mobility-enhancing devices. The company, under the leadership of CEO and founder Jeremiah Robison, has closed 3 deals to date.30 mn.CIONIC specializes in the development of the Cionic Neural Sleeve™, a pioneering form of bionic clothing designed to assist individuals with mobility impairments. This innovative product integrates sophisticated sensors that continuously monitor real-time movement to evaluate muscle activation and limb positioning. The Neural Sleeve provides personalized functional electrical stimulation that is synchronized with the user's gait cycle, enhancing mobility and enabling activities of daily living. CIONIC targets a diverse client base, including individuals suffering from conditions such as foot drop, as well as healthcare providers who seek advanced mobility solutions for their patients.CIONIC's revenue model revolves around direct sales of the Cionic Neural Sleeve™ to end users, as well as potential partnerships with healthcare providers and institutions. Transactions are facilitated through the CIONIC application, which allows users to customize their mobility treatment plans and track their progress. The company may offer subscription-based services for ongoing access to app features or support, thereby ensuring continual engagement with users. Additionally, CIONIC may collaborate with healthcare professionals to prescribe the Neural Sleeve, creating a network that can support patient referrals.In September 2023, Cionic, Inc. Cionic is focusing on upcoming product enhancements and new versions of the Cionic Neural Sleeve™, with plans to expand into markets in Asia and Latin America by the end of 2024, aiming to reach a broader audience in need of mobility assistance.

Who invested in Cionic

8 investors across 2 rounds

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Funding rounds

  1. Series A

    Sep 28, 2023

    Amount

    $12M

    Investors

    Locked

  2. Series A

    Sep 9, 2022

    Amount

    $12M

    Investors

    Locked

Questions about Cionic

Who invested in Cionic?

Cionic has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Cionic raised?

Cionic has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Cionic last raise money?

Cionic's most recent round on record is a Series A, in Sep 2023.

What does Cionic do?

Cionic is a medical devices & equipment company.

Where is Cionic headquartered?

Cionic is headquartered in San Francisco, US.

Which VCs invest in companies like Cionic?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Cionic's stage. Their profiles are linked below.

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