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iotaMotion has raised $16.5M across 3 funding rounds.
Key people at iotaMotion.
iotaMotion has raised $16.5M in total across 3 funding rounds.
iotaMotion develops the iotaSOFT® Insertion System, a robotic-assisted platform for cochlear implant surgery. It precisely controls electrode array insertion speed and trajectory, minimizing surgical variability and preserving delicate cochlear structures. This technical approach ensures consistent, smooth insertions, enhancing procedural outcomes.
Founded in 2015 by University of Iowa otolaryngologists Dr. Marlan Hansen and Dr. Chris Kaufmann, iotaMotion addresses a critical clinical need. Their surgical experience highlighted the imperative for precision and standardization in cochlear implant procedures, inspiring a robotic solution to overcome manual limitations and enhance patient care.
The iotaSOFT system primarily benefits surgeons, patients, and healthcare facilities by offering a controlled method for cochlear implant placement. iotaMotion’s vision is to advance cochlear implant surgery through robotic assistance, expanding access to this technology and improving result consistency for individuals with significant hearing loss.
iotaMotion is a medical‑device company that builds robotic‑assisted tools to improve cochlear‑implant electrode insertion with the goal of preserving patients’ residual hearing and standardizing surgical outcomes across surgeons and centers.[1][2]
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: iotaMotion is a surgeon‑founded, clinically grounded medtech startup focused on a narrowly defined but high‑impact problem in cochlear implantation—standardizing electrode insertion to preserve hearing—with early clinical traction and capital to advance commercial adoption.[1][3]
iotaMotion has raised $16.5M across 3 funding rounds. Most recently, it raised $12.0M Series A in July 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 26, 2023 | $12M Series A | Chris Martin | ISA Ventures, Wayne Wallace, Next Level Ventures | Announced |
| Aug 29, 2019 | $2.5M Venture Round | — | — | Announced |
| Aug 16, 2017 | $2M Seed | — | — | Announced |
iotaMotion has raised $16.5M in total across 3 funding rounds.
iotaMotion's investors include Chris Martin, ISA Ventures, Wayne Wallace, Next Level Ventures.
Key people at iotaMotion.