# Proteus Motion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/proteus-motion

- Industry: Medical Devices & Equipment
- Headquarters: Brooklyn, US
- Website: www.proteusmotion.com
- Total disclosed funding: $12M
- Latest round: Series A (Jul 20, 2022)
- Investors on record: 6

## About

Proteus Motion Inc. offers advanced physical training solutions through its innovative Proteus System, utilizing patented 3D Resistance™ technology to enhance athletic performance and rehabilitation.Founded in 2016 by Sam Miller, Proteus Motion Inc. is headquartered in Brooklyn, US. The company specializes in physical training technology, particularly through the Proteus System. In July 2022, they raised USD 8.5 mn in Series A funding, co-led by Acies Investments and HBSE Ventures, targeting the enhancement of production capabilities and software offerings. The firm has completed three deals since inception, with its latest funding bringing the total amount raised to USD 8.5 mn and establishing a current valuation of USD 29.36 mn.Proteus® specializes in advanced physical training and assessment technologies, primarily through its flagship offering, the Proteus System, which utilizes patented 3D Resistance™ technology. This system enables users to measure full-body power, strength, and speed efficiently, serving a diverse clientele that includes elite athletes, rehabilitation patients, and casual fitness enthusiasts. The Proteus System provides actionable insights and personalized training recommendations, catering to markets including sports performance facilities, private fitness studios, and rehabilitation centers, with a focus on North America, Europe, and selected regions in Asia.Proteus generates revenue through direct sales of its Proteus System to commercial fitness facilities, sports teams, and individual consumers. The revenue model combines capital expenditures from training facilities with potential subscription-based services for ongoing training and assessment. Additional revenue may arise through partnerships with professional sports teams and fitness influencers promoting the system, with pricing structured to reflect the value of this comprehensive training solution.Following the Series A funding round completed in July 2022, Proteus Motion Inc. plans to expand its team and scale production capabilities as well as enhance its software offerings. The company aims to penetrate new markets in Europe and Asia, with specific strategies for expansion set for 2023 and beyond, leveraging recent financial backing to support these initiatives.

## Funding rounds

- Series A, Jul 20, 2022, $8.5M — HBSE Ventures, Monozukuri Ventures, 412 Venture Fund, Acies Investments, Harrison Co
- Seed, Oct 11, 2021, $3M — Hospital for Special Surgery, HBSE Ventures

## Investors

- Hospital for Special Surgery — Seed
- HBSE Ventures (https://capitalatlas.ai/funds/hbse-ventures) — Seed, Series A
- Monozukuri Ventures (https://capitalatlas.ai/funds/monozukuri-ventures) — Series A
- 412 Venture Fund (https://capitalatlas.ai/funds/412-venture-fund) — Series A
- Acies Investments (https://capitalatlas.ai/funds/acies-investments) — Series A
- Harrison Co — Series A