SoftWheel
closedDate | Investors | Amount | Round |
---|---|---|---|
$500k | Seed | ||
N/A | $3.0m | Series A | |
N/A | - | ||
* | N/A | €9.1m | Early VC |
N/A | N/A | Early VC | |
* | $25.0m Valuation: $140m | Growth Equity VC | |
N/A | $120m | Series D | |
Total Funding | $159m |
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Recent News about SoftWheel
EditSoftWheel is a pioneering company specializing in advanced suspension systems for wheelchairs, aimed at enhancing the comfort and mobility of users. Operating in the personal mobility market, SoftWheel serves individuals who rely on wheelchairs for daily movement, including those with disabilities and mobility impairments. The company's core product is its innovative suspension system, which significantly reduces vibrations transferred to the rider, resulting in a smoother and more comfortable ride. This technology not only improves the overall user experience but also contributes to better health outcomes by reducing pain and discomfort associated with prolonged wheelchair use.
SoftWheel's business model revolves around the direct sale of its suspension systems to end-users, as well as partnerships with wheelchair manufacturers who integrate SoftWheel technology into their products. Revenue is generated through these sales channels, with a focus on expanding market reach and increasing adoption of their technology.
The company operates in a niche yet growing market, driven by the increasing demand for advanced mobility solutions that offer enhanced comfort and health benefits. By continuously investing in research and development, SoftWheel aims to stay at the forefront of innovation in the personal mobility sector.
Keywords: wheelchair suspension, mobility solutions, vibration reduction, comfort enhancement, health improvement, personal mobility, innovative technology, wheelchair users, advanced suspension, market growth.