Tombot

Robotic Pets for Seniors

Company Information

Website:

https://tombot.com/

Sector:

Robotics

Location:

Santa Clarita, CA

Tombot has created robotic emotional-support animals for seniors.

Named one of Time Magazine’s 2020 “Best Inventions,” this product is on track to become the first realistic, affordable, FDA-regulated robotic animal.

The animals are designed to help the fifty-five million people worldwide who suffer from dementia and cognitive impairments. They’re also a solution for older folks who battle depression, loneliness, and isolation — all of which increased during the coronavirus pandemic.

Tombot’s animals respond to touch, voice, movement, and light. They operate with a smartphone app that enables customization and software updates. At less than $450 retail, these animals are significantly more affordable than multi-thousand-dollar robots, and an upgrade from mechanical toys.

Tombot has raised nearly five million dollars from investors including Wavemaker Three-Sixty Health. The company has been featured in Forbes, NBC News, Oprah Magazine, Digital Trends, and Reuters.

Team Background

Thomas Stevens - Chairman
Henry Schorz - Chief Technical Officer
Jesse Schorz - Chief Operating Officer

Co-Investors

Raising
$500K
Committed
$71.825K (14%)
Current Valuation
$17.5 million Cap / 0% Discount
Min. Investment
$249
Deal Type
Title III
(For all investors)
Offering Type
SAFE
Finance History
  • $250K
    2018-07-01
    Unknown
  • $1.1 million
    2020-05-01
    Wavemaker 360
Notable Investors
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