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SoftWheel
Innovative suspension system transforms a rider's wheelchair experience
About SoftWheel
SoftWheel is a pioneering company specializing in advanced suspension systems for wheelchairs, aimed at enhancing the comfort and mobility of users. Operating in the personal mobility market, SoftWheel serves individuals who rely on wheelchairs for daily movement, including those with disabilities and mobility impairments. The company's core product is its innovative suspension system, which significantly reduces vibrations transferred to the rider, resulting in a smoother and more comfortable ride. This technology not only improves the overall user experience but also contributes to better health outcomes by reducing pain and discomfort associated with prolonged wheelchair use.
SoftWheel's business model revolves around the direct sale of its suspension systems to end-users, as well as partnerships with wheelchair manufacturers who integrate SoftWheel technology into their products. Revenue is generated through these sales channels, with a focus on expanding market reach and increasing adoption of their technology.
The company operates in a niche yet growing market, driven by the increasing demand for advanced mobility solutions that offer enhanced comfort and health benefits. By continuously investing in research and development, SoftWheel aims to stay at the forefront of innovation in the personal mobility sector.
Source: Dealroom company dataAt a glance
- Status
- Closed
- Founded
- 2011
- Headquarters
- Tel Aviv-Yafo, Israel
- Employees
- 7
- Open positions
- None listed
- Dealroom signal
- 0.0/100
- Industry
- Health
- Sub-industry
- Medical Devices, Vehicle Production
- Sector
- Health Tech & Medtech, Mobility, Rehabilitation, Innovation Management, Outside Tech, Wheel, Micromobility, Sustainable Development Goals, Urban Tech, Tech for Patients
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES DOther financing | Nov 2019 | $120M | $480M | Undisclosed | — |
| GROWTH EQUITY VCOther financing | Aug 2018 | $25M | $140M | Musashi | ↗ |
Growth signals
Latest recorded traffic for SoftWheel is 260 monthly website visits, up 136.4% over the last three months. SoftWheel's team declined 22.2% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
RAD BioMed
Series B and later1 investor entered at this stage
Musashi
Other known investors1 additional known investor
Pirveli Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SoftWheel 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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