RxFunction: Funding, Investors & Team (Sep 2026)
For patients who are at risk of falling, RxFunctionTM designs and markets medical solutions that help patients regain balance, become more mobile, and feel more confident. The National Institutes of Health's Small Business Innovation Research Funds helped RxFunction develop the Walkasins® Lower Limb Sensory Prosthesis, which is produced in Minnesota. Walkasins was built on patented technology created by co-founder and scientist Lars Oddsson, PhD. Patients with sensory peripheral neuropathy who have numbness in their feet and struggle with gait and mobility issues can use Walkasins, a wearable device, to replace lost or decreased nerve sensation. Walkasins can be obtained with a prescription. Please visit https://www.rxfunctioncom/ for additional details.
RxFunction has raised $5.0M across 1 funding round on record, the most recent an undisclosed round of $5.0M announced in Nov 2022.
That round is below the $7.5M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.
RxFunction Company Profile and Key Stats
Latest funding round on record: Nov 2022.
RxFunction Funding Rounds
RxFunction Founders and Leadership Team
No contact details are on record for this team yet.
RxFunction Funding Compared to Other Consumer Electronics Startups
RxFunction's latest round of $5.0M is below the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.
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RxFunction Funding FAQs
What does RxFunction do?
For patients who are at risk of falling, RxFunctionTM designs and markets medical solutions that help patients regain balance, become more mobile, and feel more confident. The National Institutes of Health's Small Business Innovation Research Funds helped RxFunction develop the Walkasins® Lower Limb Sensory Prosthesis, which is produced in Minnesota. Walkasins was built on patented technology created by co-founder and scientist Lars Oddsson, PhD. Patients with sensory peripheral neuropathy who have numbness in their feet and struggle with gait and mobility issues can use Walkasins, a wearable device, to replace lost or decreased nerve sensation. Walkasins can be obtained with a prescription. Please visit https://www.rxfunctioncom/ for additional details.
How much funding has RxFunction raised?
RxFunction has raised $5.0M across 1 round on record. The most recent is an undisclosed round of $5.0M announced in Nov 2022.
When did RxFunction last raise funding?
RxFunction's most recent funding round on record is an undisclosed round of $5.0M, announced in Nov 2022.
Who founded RxFunction?
FundedIQ lists Dan Leach (Founder) at RxFunction.
Where is RxFunction headquartered?
RxFunction is based in Eden Prairie, Minnesota, United States.
How many employees does RxFunction have?
RxFunction is in the 11-50 employee band.
How does RxFunction's funding compare to other Consumer Electronics startups?
RxFunction's latest round of $5.0M is below the $7.5M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.
About FundedIQ's RxFunction Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for RxFunction is left off this page rather than filled in.
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