United States · Industrial automation startup

Verve Motion

Verve Motion, Inc. is a wearable robotics technology company based in Cambridge, Massachusetts.

Funding reportedLast round: Series B

Industrial automationCambridge, United States

About Verve Motion

Verve Motion, Inc. is a wearable robotics technology company based in Cambridge, Massachusetts.

Founded in 2020 by a team from Harvard University's Biodesign Lab, the company focuses on enhancing human performance, safety, and ergonomics in various industries. Verve Motion specializes in developing advanced wearable robotics solutions, including their flagship product, the SafeLiftTM Exosuit, which assists workers in physically demanding tasks by reducing strain and improving safety. The SafeLiftTM Exosuit is a lightweight, powered wearable device designed to provide support during lifting tasks. It helps decrease lower back strain and fatigue, making it ideal for workers in grocery distribution, manufacturing, logistics, and healthcare. Verve Motion partners with industrial leaders to create tailored solutions that prioritize workplace safety and employee well-being, aiming to empower hardworking individuals across multiple sectors. With over $45 million in funding, Verve Motion is recognized as a leader in the wearable robotics and industrial automation fields.

What company datasets say Verve Motion raised

Funding, as reported

Reported in all$35Min dollars
Rounds3
Last roundSeries B
Last round size$20M
Last round dateDec 2023
Investors listed8

On a portfolio page

Investors who name them

Each firm lists Verve Motion on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

hardwareindustrial automationhuman-centric roboticsconsumerscloud data platformload offloadingsoft exosuitdistributionmanufacturingindustrial wearablesproductivity boostwearable techinternet of thingsexosuitindustrial injury analyticssafety compliance tools

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Sector
Industrial automation
Industry code
NAICS 33911, 33324, 541715, SIC 3599
Region
Massachusetts
Revenue
$5.0M a year, as listed
Full record
Every detail in the company directory

Industrial automation in United States

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