Fundraising Fox

Myomo

NYSE: MYO

Cambridge, US · Delaware corporation · 1 known investors

Myomo develops wearable robotic orthoses to restore arm and hand function for individuals with limited mobility due to stroke, brachial plexus injury, or spinal cord injury. The company serves patients and healthcare providers in the medical device and rehabilitation markets.

Founders & leadership

PRPaul R. Gudonis
Paul R. GudonisinChairman & Chief Executive Officer
SK
Steve KellyNamed on SEC filing

Board

TK
Thomas KirkBoard director
BS
Byron SmithBoard director
TA
Thomas A. Crowley, Jr.Board director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$2.5M disclosed across 3 rounds · 2014–2016

$200KraisedJul 2016 · 2 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Byron SmithDirector
  • Davie MendelsohnExecutive Officer
  • Thomas KirkDirector
  • Steve KellyExecutive Officer, Director
  • Paul GudonisExecutive Officer, Director
  • Jonathan NaftExecutive Officer
  • Thomas A. Crowley, Jr.Director
Offering amount
$3M
Amount sold
$200K
Placement agents
Healthios Capital Markets, LLC, Tripoint Global Equities, LLC
First sale
Jun 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$620KraisedJan 2016 · 6 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas KirkDirector
  • Byron SmithDirector
  • Paul GudonisExecutive Officer, Director
  • Thomas A. Crowley, Jr.Director
  • Steve KellyExecutive Officer, Director
Offering amount
$1.5M
Amount sold
$620K
First sale
Dec 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.7MraisedAug 2014 · 37 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Steve KellyExecutive Officer, Director
  • Paul GudonisExecutive Officer, Director
  • Byron SmithDirector
  • Thomas A. Crowley, Jr.Director
Offering amount
$5.3M
Amount sold
$1.7M
First sale
Jul 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 2

by search overlap

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

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase I2007$144.6K

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.

In the news

Frequently asked questions

What does Myomo do?
Myomo develops wearable robotic orthoses to restore arm and hand function for individuals with limited mobility due to stroke, brachial plexus injury, or spinal cord injury. The company serves patients and healthcare providers in the medical device and rehabilitation markets.
Who are Myomo's investors?
Myomo's investors include Boston Harbor Angels.
How much funding has Myomo raised?
Myomo has disclosed $2.5M raised across 3 rounds.
Where is Myomo headquartered?
Myomo is headquartered in Cambridge, US.