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§ Private Profile · Allentown, PA, USA
Wearable medical device company developing airbag technology for fall detection and injury prevention in high fall-risk seniors.
ActiveProtective is a Fort Washington, Pennsylvania-based medical device company that develops smart garments equipped with 3D motion sensors and micro-airbags to detect falls and prevent hip fractures in high-risk seniors. The company commercializes its wearable technology under the Tango Belt brand, which utilizes cold gas inflation and Bluetooth alerts for caregivers, achieving FDA registration as a Class I medical device in 2020. This venture-funded startup has raised over ten million dollars in total funding, including a Series A round and National Science Foundation grants, to support hardware sales and digital monitoring subscriptions across senior living facilities. ActiveProtective is backed by institutional investors such as Princeton BioPharma Capital Partners, Leading Edge Ventures, Keyhouse Ventures, and Key Safety Systems. The business was officially founded in 2014 by chief executive officer Drew Lakatos and inventor Robert Buckman.
ActiveProtective has raised $7.2M across 2 funding rounds.
ActiveProtective has raised $7.2M in total across 2 funding rounds.
ActiveProtective has raised $7.2M in total across 2 funding rounds.
ActiveProtective's investors include Katy Fike, Generator Fund, Key Safety Systems, Leading Edge Ventures, Philadelphia College of Osteopathic Medicine, Princeton BioPharma Capital Partners.
ActiveProtective has raised $7.2M across 2 funding rounds. Most recently, it raised $4.6M Series A in December 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 13, 2017 | $4.6M Series A | Katy Fike | — | Announced |
| Nov 22, 2016 | $2.6M Seed | — | Generator Fund, KEY Safety Systems, Leading Edge Ventures, Philadelphia College OF Osteopathic Medicine, Princeton Biopharma Capital Partners | Announced |