# Cipher Skin

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cipher-skin

- Industry: Healthcare IT
- Headquarters: Denver, US
- Website: www.cipherskin.com
- Total disclosed funding: $5.1M
- Latest round: Series A (Mar 2, 2021)
- Investors on record: 5

## About

Founded in 2014 and based in Colorado, US, Cipher Skin Inc. melds next-gen hardware and software to help make sense of the complex world. Phillip Bogdanovich and Shaka Bahadu are the co-founders of the company. In March 2021, the company raised USD 5 million in Series A funding led by the Boyett Group with Draper Capital?and?Tribe Capital participation. The company has 16 employees as of March 2021.

The company provides three types of products BioSleeve, BioSleeve Knee, and Digital Mirror App. The sleeve is a smart compression sleeve designed to help users make the most of their physical therapy and rehabilitation program. The sleeve Knee enables continuous movement and biometric data collection with a skilled coach or therapist using specific tools in a clinical setting. The Digital Mirror presents an absolute reflection of the human body’s movements in real-time.

The company grew 3200% of its revenue from 2019 to 2020 and generates revenue by partnering with medical, wellness, athletic, and industrial companies to embed its technology in their products.  

The March 2021 funding would help the company further develop the existing product line in the human performance industry and expand into new markets including oil and gas and vinification.

## Funding rounds

- Series A, Mar 2, 2021, $5M — Draper, Tribe Capital, Tartavull Klein Capital, Boyett Petroleum
- Series A, Feb 1, 2020, $0.1M — Wisdom

## Investors

- Wisdom (https://capitalatlas.ai/funds/wisdom) — Series A
- Draper (https://capitalatlas.ai/funds/draper) — Series A
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series A
- Tartavull Klein Capital (https://capitalatlas.ai/funds/tartavull-klein-capital) — Series A
- Boyett Petroleum — Series A