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Vessl Prosthetics Poised for Expansion Following Successful Oversubscribed Pre-Seed Funding Round

With the Invictus Games fast approaching in Vancouver, Sydney Robinson, CEO and co-founder of Vessl Prosthetics, views the timing as crucial for her startup. The event honors the resilience of veterans and active service members, highlighting the struggles faced by athletes with amputations. For Robinson, it underscores Vessl's mission to empower individuals with amputations to lead fulfilling lives, further invigorated by their recent oversubscribed pre-seed funding announcement. This financing enables Vessl to accelerate growth, hire new talent, expand operations, and improve marketing strategies as they prepare to bring their products to market.

Founded in 2022 by Robinson and Oleksiy Zaika, Vessl Prosthetics aims to address a fundamental issue in prosthetic design: the inadequate fit of prosthetic sockets. To tackle this problem, Vessl has collaborated closely with amputees and prosthetists to pinpoint market shortcomings. While the total funding amount has not been revealed, the investment is essential for scaling production, launching the Isoform™ prosthetic system, and reaching more amputees and prosthetists throughout the United States.

The Isoform™ system distinguishes itself by automatically adjusting to daily variations in a user’s limb size, addressing discomfort and instability caused by shifts in limb volume due to exercise, diet, or even seasonal changes. Robinson emphasizes that many amputees often struggle with poorly fitting sockets, and Vessl's innovative technology leverages the kinetic energy generated from walking to automatically adjust the prosthetic fit, ensuring continuous support and comfort.

Robinson’s journey as a co-founder has been greatly influenced by resources and guidance from business accelerators such as Communitech, which have been vital in navigating the startup landscape. Vessl recently received a $7,000 grand prize for best pitch at Techtoberfest presents Investorhaus on October 11, 2024. Robinson recalls how Communitech was instrumental in establishing the company's foundation. Participation in their MedTech Accelerator Program lent invaluable support, helping the team solidify financial projections and gain insights into the fundraising process while also expanding connections within the local founder ecosystem and broader tech community.

This strategic assistance has been crucial in enabling Vessl to secure necessary capital to advance its technology and shift towards the next stage of growth. With an unwavering mission, Robinson stresses the company’s commitment to enhancing the quality of life for individuals with leg amputations: "We want to deliver the solutions to the people who need it."

Ultimately, as Vessl Prosthetics prepares for the challenges ahead, Robinson remains focused on translating their vision into tangible benefits for users. The convergence of the Invictus Games and their recent funding signal a pivotal moment for the startup, reflecting their drive to create meaningful impact in the prosthetics field through innovation and dedicated user support.



Communitech
https://communitech.ca
"Communitech helps tech-driven companies start, grow and succeed. Communitech was founded in 1997 by a group of entrepreneurs committed to making Waterloo Region a global innovation leader. At the time it was crazy talk, but somehow this community managed to pull it off. Today, Communitech is a public-private innovation hub that supports a community of more than 1400 companies — from startups to scale-ups to large global players. Communitech helps tech companies start, grow and succeed in three distinct ways: - Communitech is a place – the center of gravity for entrepreneurs and innovators. A clubhouse for building cool shit and great companies. - Communitech delivers programs – helping companies at all stages with access to capital, customers and talent. We are here to help them grow and innovate. - Communitech partners in building a world-leading ecosystem – making sure we have all the ingredients (and the brand) to go from a small startup to a global giant."

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