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RxFunction

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A medical device company with a mission to design and market medical technologies that restore balance, increase mobility, and enhance confidence for patients at risk of falling

Eden Prairie, United StatesFounded 2010Health Tech & Medtech
Valuation $25–50M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About RxFunction

RxFunction, Inc. is a medical device company specializing in innovative solutions for individuals suffering from sensory peripheral neuropathy. The company's flagship product, Walkasins, is a rechargeable wearable external lower leg neuroprosthesis designed to replace lost foot pressure sensation with gentle sensory signals delivered to the skin above the ankle. This device is specifically indicated for patients with lower limb sensory peripheral neuropathy who experience gait and balance impairments and can feel the tactile stimuli from the Leg Unit on the lower leg.

RxFunction operates in the healthcare and medical device market, targeting patients with chronic nerve damage conditions. The business model revolves around the sale of Walkasins, which is restricted to sale by or on the order of a physician, ensuring that it is prescribed to those who will benefit most from its use. Revenue is generated through the direct sale of these devices to healthcare providers and patients.

The company aims to improve the quality of life for its users by restoring balance, increasing mobility, and boosting confidence.

Source: Dealroom company data

At a glance

Founded
2010
Headquarters
Eden Prairie, United States
Sector
Health Tech & Medtech

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Cedar Point Capital
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about RxFunction on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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