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Aescape raises $83M to convey robotic massager to extra places


Aescape raises M to convey robotic massager to extra places

Aecape makes use of AI to ship a completely automated, customizable therapeutic massage expertise for customized wellness and restoration. | Supply: Aescape

Aescape Inc., which has developed therapeutic massage robots utilizing synthetic intelligence, this week mentioned it has raised $83 million in strategic funding. The startup mentioned it plans to make use of its funding, which now totals $128 million, to scale operations, broaden into new markets, and develop its partnerships with world manufacturers.

“Our first six months available in the market targeted on launching with strategic companions and introducing totally autonomous robotic therapeutic massage to shoppers, driving each excessive utilization and repeat utilization charges,” said Eric Litman, founder and CEO of Aescape. “With contemporary capital, we’re doubling down on these targets, catapulting development for each our enterprise and our companions as we broaden into hospitality, skilled sports activities, health, and mainstream markets.”

Based in 2017, Aescape claimed that it’s delivering “the world’s first totally automated, customizable therapeutic massage expertise for customized wellness and restoration.” The New York-based firm‘s group contains alumni from Amazon, Apple, FitBit, MakerBot, Peleton, Tonal, Uber, and MakerBot, and extra.

Robotic therapeutic massage makes use of customized finish effectors, attire

Aescape mentioned its Aertable makes use of sensors and AI to map, perceive, and adapt to every physique’s distinctive contours and areas of pressure. The system captures 1.2 million distinctive information factors in regards to the physique’s muscle construction to create a customized therapeutic massage expertise, in keeping with the corporate.

The therapeutic massage is carried out by Aerpoints, heated finish effectors connected to a robotic arm which are designed to copy the seven contact methods of a talented therapist. The individual receiving the therapeutic massage can cease or personalize the therapeutic massage utilizing Aerview.

Through the therapeutic massage, clients don the Aerware customized attire. In accordance with Aescape, the clothes helps the robotic’s depth sensors higher see the physique.

Aescape companions with Equinox

Aescape final yr launched its industrial service with Equinox, a luxurious residing model, at choose places in New York Metropolis. The corporate mentioned it has skilled sturdy demand, excessive engagement, and a spike in memberships.

“Aescape instantly resonated with our members, providing a non-public, efficient, and extremely customized therapeutic massage expertise – on their time,” mentioned James Gu, Sr., director of spa at Equinox. “This partnership displays our dedication to having essentially the most superior restoration options accessible, and we’re excited to convey it to extra places throughout the nation.”

Equinox is increasing the partnership to 60 places nationwide.

Since debuting with Equinox, Aescape has introduced partnerships with trade leaders in hospitality, company wellness, luxurious actual property, {and professional} sports activities. They embrace choose 4 Seasons Accommodations and Resorts, Marriott, and Ritz-Carlton properties all through North America.

 

Funding to assist scaling

Valor Fairness Companions, an early investor in Tesla and SpaceX, led Aescape’s newest funding spherical. Current traders, together with Alumni Ventures, and NBA champion and All-Star Kevin Love, additionally participated within the spherical.

“Aescape has seen exceptional traction in simply six months since launch,” mentioned Jonathan Shulkin, companion and co-president at Valor Fairness Companions. “Their AI-driven strategy is unlocking new potentialities in data-informed, customized care, driving income for companions whereas delivering precision-tailored experiences. Eric and his group are creating a completely new class of robotics-powered wellness, and we’re delighted to proceed to companion of their development.”

To assist its subsequent section, Aescape has added 5 gross sales leads and appointed Kimberly Miller as chief advertising officer (CMO). She brings over 20 years expertise in scaling high-growth organizations, beforehand serving as world CMO of Native Devices and The Economist Group.

In her new function, Miller will oversee product advertising, communications, inventive, buyer acquisition, and efficiency advertising to drive Aescape’s growth.

The corporate has additionally appointed Eswar Priyadarshan as senior vp of engineering. He beforehand held management roles at Apple and Adobe and efficiently led m-Qube and Quattro Wi-fi by means of acquisitions by Versign and Apple, respectively.

Aescape mentioned Priyadarshan will oversee its engineering and technical operations, driving innovation and scalability throughout product, design and operations.


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