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NextStep Robotics

NextStep Robotics Revenue

Biotechnology ResearchFlag of USBaltimore, Maryland, United States11-20 Employees

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NextStep Robotics revenue & valuation

Annual revenue$3,000,000
Revenue per employee$188,000
Estimated valuation?$9,600,000
Total funding$1,100,000

Key Contacts at NextStep Robotics

Flag of US

Frank Baitman

Member Board Of Directors

Flag of US

Anindo Roy

Chief Technology Officer

Company overview

Headquarters800 W Baltimore St, Suite 151, Baltimore, Maryland 21201, US
Phone number+14438693518
Websites
Keywords
Physical Therapy, Neurological Rehabilitation, Stroke Rehabilitation, Robotic Rehabilitation, Gait Training, Gait Robotic
Founded2017
Employees11-20
Socials

NextStep Robotics Email Formats

NextStep Robotics uses 3 email formats. The most common is {first initial}{last name} (e.g., jdoe@nextsteprobo.com), used 37.5% of the time.

FormatExamplePercentage
{first initial}{last name}
jdoe@nextsteprobo.com
37.5%
{first name}{last name}
johndoe@nextsteprobo.com
37.5%
{first initial}.{last name}
j.doe@nextsteprobo.com
25%

About NextStep Robotics

DITCH THE “CRUTCH” Working alongside Physical Therapists we help patients improve walking function with the goal of discarding their assistive devices. The Problem: Approximately 30% of the 800,000 new strokes in the United States result in foot drop. Globally, there are 17 million new strokes per year. Nearly half are left with persistent mobility deficits even after completion of all conventional therapy, which invariably involve ankle weakness; a crucial joint for walking and balance. The existing 125,000 rehabilitation centers cannot effectively treat foot drop with current methods and are left to prescribing rigid archaic braces to imobilize the ankle. Current Solutions: "Crutches" - Currently the treatment for foot drop is to immobilize and brace the ankle. This technology has not seen much change since King Tut used his crutches. A New Option: We are developing a low cost and portable ankle robot that will treat foot drop in a way not yet accomplished before. Real Results: 85% of participants in a small randomized study self discarded their ankle foot orthotics or reduced dependance of their assistive devices. Forrester LW, Roy A, Hafer-Macko C, Krebs HI, Macko RF. Task-specific ankle robotics gait training after stroke: a randomized pilot study. Journal of NeuroEngineering and Rehabilitation. 2016;13:51.

Employees by Management Level

Total employees: 11-20

Seniority

Employees

Manager
Entry
C-Suite

Employees by Department

NextStep Robotics has 6 employees across 3 departments.

Departments

Number of employees

Funding Data

Explore NextStep Robotics's funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2020-09-0420$500,000
2024-02-101$400,000
2024-12-133$200,000

Funding Insights

$1,100,000

Total funding amount

$200,000

Most recent funding amount

3

Number of funding rounds

Frequently asked questions

NextStep Robotics is located in Baltimore, Maryland, US.
You can reach NextStep Robotics at +14438693518.
NextStep Robotics generates an estimated annual revenue of $3,000,000. This revenue figure reflects the company's market position and business performance in its industry.
NextStep Robotics has an estimated valuation of $9,600,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
NextStep Robotics was founded in 2017, making it 9 years old. The company has established itself as a significant player in its industry over this time.
NextStep Robotics has approximately 11-20 employees. The company continues to grow its workforce to support its business operations and expansion.
NextStep Robotics has raised a total of $1,100,000 across 3 funding rounds. This investment has helped the company grow and expand its operations.

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40,000 users

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