ErgonometriX

company

About

ErgonometriX is slashing the $200 billion the US economy spends on workers' compensation yearly for lower back injuries in the workplace.

  • 1 - 10

Details

Last Funding Type
Seed
Industries
Finance,Service Industry
Founded date
Jan 1, 2014
Number Of Employee
1 - 10
Operating Status
Active

ErgonometriX is disrupting the ineffective and long-standing approach to reducing lower back injuries in the workplace.

ErgonometriX lowers worker's compensation insurance costs by deploying injury-preventing technology and cloud-based analytic systems that reduce lower back injuries in the workplace.

ErgonometriX provides medically approved, focused feedback to company ergonomics, health, and team leaders that lowers the incidence of dangerous and medically risky back movements.


ErgonometriX’s device, Back-Lift™, incorporates a nine-degrees-of-freedom Inertial Measurement Unit, a microcontroller and memory. Back-Lift™ uses proprietary algorithms to selectively capture and store worker's lifting motions.

Data from each worker’s device is uploaded to the cloud and analyzed using additional proprietary algorithms to provide individualized feedback on a regular basis for retraining by ergonomics/safety officers. Feedback enables and incentivizes employees to cease doing risky movements and undertake the proper ones.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
ErgonometriX has raised a total of — in funding over 2 rounds. Their latest funding was raised on Oct 1, 2015 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 1, 2015 Seed 1 Relevant Health Detail

Investors

Number of Lead Investors
Number of Investors
1
1
ErgonometriX is funded by 1 investors. Relevant Health are the most recent investors.
Investor Name Lead Investor Funding Round
Relevant Health Yes Seed