Fundraising Fox

iotaMotion

St. Paul, US · Founded 2015 · Delaware corporation · 36 employees on LinkedIn · 3 known investors

iotaMotion develops robotic systems for cochlear implant surgery, assisting otolaryngologists in achieving precision beyond human capability. The company serves surgical teams performing cochlear implant procedures and is headquartered in the United States.

Also known as iotaMotion, Inc.

Founders & leadership

iotaMotion was founded in 2015 by Marlan Hansen, MD, Marlan Hansen, and Christopher Kaufmann.

MH
Marlan Hansen, MDCo-founder
MHMarlan Hansen
Marlan HansenCo-founder
CK
Christopher KaufmannCo-founder
ML
Michael LobinskyExecutive

Board

WWWayne Wallace
Wayne WallaceBoard directorCo-founder at Mutual Capital Partners
MC
Michael CrookBoard director
CM
Christopher MartinBoard director
EBEric B. Timko
Eric B. TimkoBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$23.4M disclosed across 7 rounds · 2017–2026

$1.9MraisedMar 2026 · 1 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Vinnie BellanteExecutive Officer
  • Eric B. TimkoDirector
  • Jeff HopkinsDirector
  • Michael LobinskyExecutive Officer, Director
  • Marie CalabriaExecutive Officer
  • Marlan Hansen, MDExecutive Officer, Director
  • Costa NikouExecutive Officer
  • Mike BushlackExecutive Officer
  • Michael CrookDirector
  • Wayne WallaceDirector
  • Christopher MartinDirector
Offering amount
$10M
Amount sold
$1.9M
First sale
Feb 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6.4MraisedJan 2025 · 25 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael LobinskyExecutive Officer, Director
  • Christopher MartinDirector
  • Marlan Hansen, MDExecutive Officer, Director
  • Wayne WallaceDirector
  • Michael CrookDirector
  • Eric B. TimkoDirector
Offering amount
$15M
Amount sold
$6.4M
First sale
Jan 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$8.5MraisedApr 2023 · 56 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael LobinskyExecutive Officer, Director
  • Marlan Hansen, MDExecutive Officer, Director
  • Eric B. TimkoDirector
Offering amount
$15M
Amount sold
$8.5M
First sale
Mar 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.1MraisedMar 2023 · 47 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Eric B. TimkoDirector
  • Marlan Hansen, MDExecutive Officer, Director
  • Michael LobinskyExecutive Officer, Director
  • Christopher Kaufmann, MD MSDirector
Offering amount
$3.1M
Amount sold
$3.1M
Proceeds to insiders
$187.5K
First sale
Jan 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.2MraisedApr 2021 · 32 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Marlan HansenExecutive Officer, Director
  • Christopher KaufmannExecutive Officer, Director
  • Eric B. TimkoDirector
Offering amount
$1.2M
Amount sold
$1.2M
Proceeds to insiders
$187.5K
First sale
Feb 2021
Incorporated
Corporation, De
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$100KraisedApr 2019 · 1 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher Kaufmann, MD MSExecutive Officer, Director
  • Eric B. TimkoExecutive Officer, Director
  • Marlan Hansen, MDExecutive Officer, Director
Offering amount
$2.5M
Amount sold
$100K
Proceeds to insiders
$210.5K
First sale
Apr 2019
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.1MraisedOct 2018 · 19 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Marlan Hansen, MDExecutive Officer, Director
  • Eric B. TimkoDirector
  • Christopher Kaufmann, MD MSExecutive Officer, Director
Offering amount
$2.2M
Amount sold
$2.1M
Minimum investment
$50K
Proceeds to insiders
$230K
First sale
May 2017
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

iotaMotion develops robotic assistance technology for cochlear implant surgery. Its principal product, the iotaSOFT Insertion System, is described as an open-platform robotic-assisted system intended to reduce surgical variability by controlling the speed at which a cochlear implant electrode array is inserted into the cochlea.

The company frames the clinical rationale for the system around the fragility of the cochlea: a slow and consistent electrode array insertion is said to reduce maximum insertion force and force variation relative to manual insertion techniques, helping preserve delicate cochlear structures and minimize trauma. iotaMotion positions the technology as serving three groups — surgeons (controlled insertion), hospitals (cost-effective implementation) and patients (standardized outcomes) — and publishes supporting-evidence and introductory brochures for clinicians and patients, along with continuing-education courses for audiologists distributed through AudiologyOnline.

Business model

iotaMotion supplies a robotic-assisted insertion system to hospitals and surgical teams performing cochlear implantation, describing the platform as open (usable alongside existing implant technology) and emphasizing cost-effective implementation for hospitals.

Full profile — market position, technology, go-to-market

Market position

iotaMotion cites World Health Organization figures that more than 430 million people worldwide experience disabling hearing loss, of whom more than 60 million have severe or greater impairment — the population it identifies as most likely to benefit from cochlear implants — and positions robotic assistance as a way to expand access by reducing patient barriers such as fear of surgery.

Technology

The iotaSOFT Insertion System is an open-platform, robotic-assisted device that controls the speed of cochlear implant electrode array insertion. The company states that slow, consistent insertion lowers maximum force and force variation compared with manual insertion, supporting preservation of cochlear structures.

Go-to-market

The company markets directly to surgeons, hospitals and patients through product literature (supporting-evidence and introductory brochures) and offers continuing-education credits to audiologists via AudiologyOnline courses.

Cochlear implant surgeons and their surgical teams, hospitals performing cochlear implantation, audiologists, and cochlear implant patients.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
People worldwide with disabling hearing loss (addressable population cited by coJan 2024$430M
People worldwide with severe or greater hearing impairment (per WHO, cited by coJan 202460,000,000 people

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 2

by search overlap

Companies competing with iotaMotion for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2020$1.7M
National Institutes of Health (NIH)National Institutes of HealthPhase I2019$225K
National Institutes of Health (NIH)National Institutes of HealthPhase II2017$1.5M
National Science FoundationPhase I2016$225K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Legal entities · 1

corporate structure
iotaMotionDelaware

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does iotaMotion do?
iotaMotion makes the iotaSOFT robotic-assisted system for controlled cochlear implant electrode array insertion.
Who founded iotaMotion?
iotaMotion was founded by Marlan Hansen, MD, Marlan Hansen, Christopher Kaufmann in 2015.
Who are iotaMotion's investors?
iotaMotion's investors include ISA Ventures, Mutual Capital Partners, Next Level Ventures.
How much funding has iotaMotion raised?
iotaMotion has disclosed $23.4M raised across 7 rounds.
Where is iotaMotion headquartered?
iotaMotion is headquartered in St. Paul, US.