Roam Robotics
Latest round
- Series A
Last raised
- Sep 2018
Total raised
- $15M
Investors
- 8
About Roam Robotics
Roam Robotics, Inc.Founded in 2012 and headquartered in San Francisco, US, Roam Robotics specializes in assistive technology. The company was co-founded by Tim Swift, who has a history of entrepreneurship.Roam Robotics specializes in advanced technology solutions designed to augment human strength and endurance while minimizing pain and potential injury. The company's core product, the Forge robotic knee brace, utilizes a modular system that integrates lightweight actuators powered by high-strength polymers, carbon fiber, and 3D-printed metals. This innovative design provides assistive power with a full range of motion, making it suitable for military applications and addressing the needs of patients suffering from advanced knee osteoarthritis. The Forge is specifically engineered to enhance mobility and reduce exertion during demanding physical tasks, appealing to both military personnel and medical patients.Roam Robotics generates revenue through direct sales of its flagship product, the Forge robotic knee brace, primarily targeting military organizations and healthcare facilities. Business transactions are structured as direct-to-consumer sales and partnerships with medical institutions, allowing for customized solutions that meet specific client needs. Clients engage in purchasing agreements that may include maintenance and support services, ensuring the longevity and effectiveness of the technology. Pricing plans are tailored based on the configurations of the robotic systems, with potential variations to accommodate specific user requirements.Roam Robotics is focused on future growth by developing new products to enhance its offerings. Specific plans include expanding into new markets and regions, with a focus on increasing their presence in Europe and additional territories by 2023.
Who invested in Roam Robotics
8 investors across 1 round
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Funding rounds
Series A
Sep 6, 2018
Amount
$15M
Investors
Questions about Roam Robotics
Who invested in Roam Robotics?
Roam Robotics has 8 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Roam Robotics raised?
Roam Robotics has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Roam Robotics last raise money?
Roam Robotics's most recent round on record is a Series A, in Sep 2018.
What does Roam Robotics do?
Roam Robotics is a medical devices & equipment company.
Where is Roam Robotics headquartered?
Roam Robotics is headquartered in San Francisco, US.
Which VCs invest in companies like Roam Robotics?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Roam Robotics's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series A
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