Proteus Motion Secures $3.8M Funding to Advance Its Smart Rehabilitation and Training System

VCBeat (WeChat ID:vcbeat) According to foreign media reports,2019Year12Month3On [date], the New York-based sports health technology companyProteus MotionAnnouncement of Completion380tens of thousands of U.S. dollars in financing. The specific round of financing has not been disclosed.

This round of financing was led by NBA Honorary Commissioner David Stern and Harris Blitzer Sports & Entertainment, with participation from Hospital for Special Surgery, Dave Winfield, Chris Capuano, Dick Boyce, John Kosner, and Makers Boot Camp.

It is reported that Proteus Motion intends to use this funding to research, develop, upgrade, and manufacture its new intelligent motion and rehabilitation technology—the Proteus System. This system is designed to help users rapidly strengthen, optimize, and recover movement through patented 3D resistance training and 3D measurement capabilities. Additionally, the company will leverage the 50 million data points captured to date to help its users access training content and track rehabilitation trends.

Under the leadership of Sam Miller, founder and CEO of Motion, the Proteus system developed by Proteus Motion has gained significant popularity among baseball pitchers, particularly those recovering from Tommy John surgery (a ligament reconstruction procedure). Specifically, the system offers services including arm care, full-body strength training, biomechanical optimization, and pitching velocity enhancement.

Currently, in addition to some of the world’s most renowned providers of training and rehabilitation facilities, teams from Major League Baseball (MLB), the National Football League (NFL), and top-tier NCAA athletic programs are using Proteus.

Harris Blitzer Sports & Entertainment is one of the most influential sports and entertainment companies globally and a well-known early-stage investment firm in the Northeastern United States. Established in 2017 and headquartered in Camden, the firm was founded by Joshua J. Harris, Co-Founder and Senior Managing Director of Apollo Global Management, a global leader in alternative asset management.

Hospital for Special Surgery (HSS) is the oldest orthopedic hospital in the United States, specializing in orthopedic surgery and rheumatology treatment. Founded by James Knight in 1863, HSS is recognized as one of the most advanced hospitals in the world for joint replacement surgery.

Makers Boot Camp is a global venture capital firm headquartered in Japan, with a focused investment strategy on IoT startups in the United States.

(Compiled by Xiong Hui)