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Steadiwear

Steadiwear

Steadiwear is a Canada-based medical device company that has designed a glove called Steadiwear to stabilize the wrist for people with essential tremor and Parkinson’s disease, to help them perform daily activities and improve independence.

OverviewStructured DataIssuesContributors

Contents

steadiwear.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Elderly care
Elderly care
‌
Gerontechnology
Wearable technology
Wearable technology
Internet of things (IoT)
Internet of things (IoT)
Healthcare
Healthcare
Health technology
Health technology
Medical device
Medical device
Location
Canada
Canada
Toronto
Toronto
0
Ontario
Ontario
0
CEO
Mark Elias
Mark Elias
0
Founder
Mark Elias
Mark Elias
0
Pitchbook URL
pitchbook.com/profiles...174430-09
Date Incorporated
2015
Phone Number
+18885050992
Investors
Ontario Centres of Excellence
Ontario Centres of Excellence
0
Ontario Brain Institute
Ontario Brain Institute
3W Partners
3W Partners
0
‌
Centre For Aging And Brain Health Innovation (Cabhi)
Founded Date
2015
0
Total Funding Amount (USD)
920,000
Latest Funding Round Date
October 20, 2021
Latest Funding Type
Seed
Seed
Patents Assigned (Count)
1
Wellfound ID
steadiwear-10

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
900,000
Overview

Steadiwear is a device developer and manufacturer in the healthcare industry specializing in developing hardware solutions that stabilize the wrists of those who suffer from various diseases that cause hand tremors, including Parkinson's disease. It was founded in 2015 and is based in Canada.

Product

The Steadi-One was the company's flagship product that was released in 2019. It was lightweight and battery-free, consisting of a ball-and-socket joint and was lined with non-Newtonian fluid. The fluid reacts similarly to cornstarch and water, responding differently depending on the speed of motion. With slow voluntary movements, it behaves like water. However, quick movements, like tremors, cause the solution to harden and reduce tremors. Steadiwear has partnered with Boa in the development of the glove.

The company has developed a newer version of the product called the Steadi-Two. It is similar to the flagship product, but it is smaller, more lightweight, and more versatile. It is available in small and large sizes, and each order contains a glove, stabilizer, and portable pouch.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

How this new device is helping those with severe tremors

https://www.kens5.com/article/news/health/how-this-new-device-is-helping-those-with-severe-tremors/273-913641ed-d1f6-4120-9ccc-dbc09be2b05e

Web

March 8, 2020

Smaller, lighter 'smart' glove designed to stabilize a wider range of hand tremors

AGE-WELL Network of Centres of Excellence (NCE)

https://www.newswire.ca/news-releases/smaller-lighter-smart-glove-designed-to-stabilize-a-wider-range-of-hand-tremors-875566771.html

Web

October 4, 2021

Steadiwear raises $1.1 million CAD to fuel launch of glove designed to combat hand tremors

Josh Scott

https://betakit.com/steadiwear-raises-1-1-million-cad-to-fuel-launch-of-glove-designed-to-combat-hand-tremors/

Web

October 20, 2021

References

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