Sway Medical
Latest round
- Series A
Last raised
- May 2020
Total raised
- $4M
Investors
- 6
About Sway Medical
Sway Operations, LLC develops innovative mobile solutions for concussion management, utilizing advanced technology to facilitate objective assessments through a user-friendly application for healthcare professionals and athletic trainers. Founded in 2010 in Aledo, US, Sway Operations, LLC specializes in mobile concussion management. The company has not reported any significant pivots in strategy and operates independently. The CEO, Chase Curtiss, leads the firm., a portfolio company of Level Equity, acquired Sway Medical, Inc. from Atento Capital, Oklahoma Life Science Fund, ADG Venture Group, Innovation in Motion, The Progeny Group Limited, Cortado Ventures, and i2E. Financial terms of the transaction were not disclosed. Sway Medical specializes in mobile concussion management through its FDA-cleared Class II medical device, primarily focused on providing objective balance and cognitive testing via a mobile application. Released for both iOS and Android platforms, the app enables users to conduct comprehensive assessments that yield results in under five minutes. The platform is designed for use by athletic trainers, physical therapists, and healthcare providers to facilitate baseline testing, sideline evaluations, and Return-to-Learn and Return-to-Play processes. Sway's customer base includes over 3,600 organizations globally, with a strong presence in the United States, targeting schools, sports clinics, and healthcare facilities.Sway Medical operates on a revenue model that includes subscriptions and direct sales to its clients, predominantly athletic trainers, sports organizations, and healthcare providers. Through subscription-based access, clients utilize the Sway platform for ongoing assessment and management of concussion-related injuries. Transactions are structured around the provision of testing services, which may include fees for individual assessments or package deals offering access to multiple tests. Sway's flagship product, the mobile application for concussion assessment, is central to its offerings, enabling quick and efficient evaluations that can be administered remotely. The firm's revenue generation is bolstered by its ability to integrate with electronic medical record (EMR) systems, enhancing its appeal to healthcare providers looking for streamlined data management and reporting capabilities.
Who invested in Sway Medical
6 investors across 1 round
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Funding rounds
Series A
May 21, 2020
Amount
$4M
Investors
Questions about Sway Medical
Who invested in Sway Medical?
Sway Medical has 6 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 Sway Medical raised?
Sway Medical has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Sway Medical last raise money?
Sway Medical's most recent round on record is a Series A, in May 2020.
What does Sway Medical do?
Sway Operations, LLC develops innovative mobile solutions for concussion management, utilizing advanced technology to facilitate objective assessments through a user-friendly application for healthcare professionals and athletic trainers.
Where is Sway Medical headquartered?
Sway Medical is headquartered in Tulsa, US.
Which VCs invest in companies like Sway Medical?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Sway Medical's stage. Their profiles are linked below.
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