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TayCo Brace

South Bend, US · Founded 2016 · Delaware corporation · 2 known investors

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TayCo Brace makes over-the-shoe ankle braces, including the RecoverX Brace for injury recovery and the AthleticX Brace for active use in sports. The medical devices are sold to individuals, athletes, and medical providers, and are backed by university research studies in the United States.

HealthtechMedical DevicesSports Tech

Founders & leadership

TayCo Brace was founded in 2016 by Mike Bean and Dr. Fred Ferlic.

MBMike Bean
Mike BeanAthletic trainer, original designer of TayCo Brace
DFDr. Fred Ferlic
Dr. Fred FerlicOrthopedic Surgeon, co-developerDr. Ferlic is an orthopedic surgeon with nearly 40 years of clinical experience in lower extremity conditions and prior service as team physician for University of Notre Dame basketball programs. He founded TayCo Brace, which manufactures over-the-shoe ankle braces supported by university research studies.
NLNate Lazenga
Nate LazengaChief Operating OfficerNate Lazenga is Chief Marketing Officer at TayCo Brace, which manufactures over-the-shoe ankle braces for injury recovery and athletic use. He has a background in engineering and operations management.
PTPhoebe Tzannes
Phoebe TzannesChief Operating Officer2020–2021
GFGavin Ferlic
Gavin FerlicChief Executive Officer
BV
Bernie VeldmanNamed on SEC filing
JT
James ThomsonNamed on SEC filing

Investors · 2

Elevate Ventureslisted by Elevate VenturesIndianapolis · $20K – $2M

How we know: funding news · press coverage · the VCSheet dataset · Not right? Tell us

IrishAngelslisted by IrishAngelsSan Francisco · $250K – $350K

How we know: IrishAngels's portfolio page · a partner's Signal profile · funding news · the VCSheet dataset · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$792K disclosed across 1 round · 2021

▶$792KraisedMar 2021 · 7 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Nate LazengaExecutive Officer
  • Fred FerlicExecutive Officer, Director
  • Bernie VeldmanDirector
  • Phoebe TzannesExecutive Officer
  • James ThomsonDirector
  • Gavin FerlicExecutive Officer
  • Mike BeanDirector
Offering amount
$1.2M
Amount sold
$792K
Minimum investment
$50K
Proceeds to insiders
$300K
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2016
Federal exemptions
04, 06b
Full filing on SEC EDGAR ↗

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

Related companies · 3

Ultra AnkleUltra CHILL is a cold therapy and compression sleeve for ankle recovery that combines a flexible gel with 360° coverage in a slip-on design. Designed for post-workout recovery, injury management, and everyday ankle soreness without the mess or inconvenience of traditional ice packs.
Dicks Sporting GoodsDick's Sporting Goods operates a network of sporting goods retail stores under the Dick's Sporting Goods, Golf Galaxy, Public Lands, and Going Going Gone! banners, along with experiential concepts like Dick's House of Sport and Golf Galaxy Performance Center, selling equipment, apparel, footwear and accessories to athletic customers across the United States; the company also owns and operates Foot Locker, a global footwear and apparel retailer with multiple banners serving sneaker enthusiasts across North America, Europe, Asia and Australia, and owns GameChanger, a mobile platform for youth sports live streaming and team management.
WalgreensWalgreens operates a pharmacy and retail health and wellness business, offering prescription services, over-the-counter medications, health products, and photo services to consumers.

Companies working in the same space as TayCo Brace.

Non-dilutive funding · 6 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase ISTTR2023$75K
U.S. Air ForceAir ForcePhase I2023$74.9K
U.S. Air ForceAir ForcePhase II2022$1.2M
U.S. Air ForceAir ForcePhase II2022$749.6K
U.S. Air ForceAir ForcePhase I2022$49.8K
U.S. Air ForceAir ForcePhase I2020$50K

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.

Frequently asked questions

What does TayCo Brace do?
TayCo Brace makes over-the-shoe ankle braces, including the RecoverX Brace for injury recovery and the AthleticX Brace for active use in sports. The medical devices are sold to individuals, athletes, and medical providers, and are backed by university research studies in the United States.
Who founded TayCo Brace?
TayCo Brace was founded by Mike Bean, Dr. Fred Ferlic in 2016.
Who are TayCo Brace's investors?
TayCo Brace's investors include Elevate Ventures, IrishAngels.
How much funding has TayCo Brace raised?
TayCo Brace has disclosed $792K raised across 1 round.
Where is TayCo Brace headquartered?
TayCo Brace is headquartered in South Bend, US.