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 50 million seniors who suffer from dementia and cognitive impairments. They’re also a solution for older folks who battle depression, loneliness, and isolation — all of which have increased in the midst of 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 $3 million from investors including Wavemaker Three-Sixty Health. The company has been featured in Forbes, NBC News, Oprah Magazine, Digital Trends, and Reuters.

Team Background

Jesse Schorz - Chief Operating Officer
Henry Schorz - Chief Technical Officer
Thomas Stevens - Chairman
Raising
$5 million
Committed
$225K (5%)
Min. Investment
$250
Deal Type
Title III
(For all investors)
Finance History
  • $250K
    2018-07-01
    Unknown
    (Pre-Seed)
  • $1.10 million
    2020-05-01
    Wavemaker 360
    (Seed)
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