NextStep Robotics
NextStep Robotics offers clinics the opportunity to provide individualized robotic therapy to patients using adaptive software that tailors assistance as needed. This groundbreaking solution is clinically proven to effectively treat foot drop, making it the first of its kind. The user-friendly robot is designed for operation by less skilled clinic staff, thereby enabling therapists to focus on more hands-on treatment methods. With continued data collection, the software will evolve into an AI-based system capable of evaluating patients' deficits and assigning personalized training protocols. These improved outcomes will allow clinics to offer reimbursable therapy using existing CPT codes for gait training, serving a patient population that currently lacks appropriate treatment options. Being registered as a Class 1 Exercise Device by the FDA, the device can be sold and used without requiring FDA approval. Consequently, NextStep Robotics can rapidly generate revenue through direct sales or leasing of robots, subscription to the software service, and service contracts.
NextStep Robotics offers clinics the opportunity to provide individualized robotic therapy to patients using adaptive software that tailors assistance as needed. This groundbreaking solution is clinically proven to effectively treat foot drop, making it the first of its kind. The user-friendly robot is designed for operation by less skilled clinic staff, thereby enabling therapists to focus on more hands-on treatment methods. With continued data collection, the software will evolve into an AI-based system capable of evaluating patients' deficits and assigning personalized training protocols. These improved outcomes will allow clinics to offer reimbursable therapy using existing CPT codes for gait training, serving a patient population that currently lacks appropriate treatment options. Being registered as a Class 1 Exercise Device by the FDA, the device can be sold and used without requiring FDA approval. Consequently, NextStep Robotics can rapidly generate revenue through direct sales or leasing of robots, subscription to the software service, and service contracts.
NextStep Robotics has raised $400k across 1 round. Its most recent round was a Series Unknown of $400k in Jan 2024. Full funding history, investors, and team are detailed below.
Funding history
1 round on record.
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