What is Solo-Step?
Solo-Step specializes in innovative overhead track and harness systems engineered to bolster patient safety during rehabilitation processes. These critical systems are deployed across a spectrum of healthcare environments, including physical therapy clinics, rehabilitation hospitals, and long-term care facilities. The primary objective of Solo-Step's technology is to mitigate the risk of patient falls, thereby enhancing patient confidence and enabling therapists to provide care more effectively while reducing the potential for staff-related injuries. Having established a presence in over 1000 healthcare facilities, Solo-Step is dedicated to advancing safety and efficacy in physical therapy and rehabilitation solutions.
How much funding has Solo-Step raised?
Solo-Step has raised a total of $68K across 1 funding round:
Debt
$68K
Debt (2021): $68K with participation from PPP
Key Investors in Solo-Step
PPP
Public-Private Partnership
What's next for Solo-Step?
With the recent influx of substantial expansion capital, Solo-Step is poised for accelerated growth and market penetration. The company's strategic focus will likely involve scaling its manufacturing capabilities, expanding its sales and distribution networks, and potentially investing in research and development to further enhance its product offerings. This funding round, indicative of a Series B/C stage, suggests investor confidence in Solo-Step's business model and its capacity to capture a larger share of the rehabilitation and patient safety market. Future developments may include broader adoption in acute care settings and the integration of new technologies to further improve patient outcomes and caregiver support.
See full Solo-Step company page
