Tech Company Financing Transactions
Recovery Force Funding Round
Recovery Force, based in Fishers, secured $10 million from Indiana Spine Group and private investors.
Transaction Overview
Company Name
Announced On
10/31/2019
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Indiana Spine Group (Lead Investor)
Proceeds Purpose
The new round of funding will further accelerate the commercialization of the MAC System's final phase as the company moves from development to production, distribution, and sales.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
12175 Visionary Way 117
Fishers, IN 46038
USA
Fishers, IN 46038
USA
Phone
Undisclosed
Website
Email Address
Overview
Recovery Force is an innovative medical device company providing healthcare professionals, patients, and athletes with a next-generation mobile compression solution for enhancing circulation. The company has developed a platform technology with the ability to embed shape-changing memory fibers into various types of garments and footwear to produce therapeutic compressions.
Management Team
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