Oska Wellness Secures $5.5M Seed Funding to Advance PEMF-Based Chronic Pain Relief Device Oska Pulse

VCBeat (WeChat ID: vcbeat) learned from foreign media that on June 25, U.S. local time, Oska Wellness, based in Carlsbad, California, announced the completion of a $5.5 million seed funding round. The proceeds will be used to promote the company’s Oska Pulse device.

Notably, all investors participating in this financing round are private individuals, most of whom are professionals in the healthcare industry. The 13 investors include Lestec H. Cross, CEO of Alphatec Spine; Stephen Cushman, Founder of Cush Enterprises; Mick Dannin, CEO of Groupe Noël; Luke Faulstick, CEO of South Dakota Partners; Dr. Murray Rosenthal, Fellow of the American Psychiatric Association; and Keith Valentine, CEO of SeaSpine Holdings Corporation, among others.

Oska Wellness, founded by Greg Houlgate in 2015, is a developer and marketer of wearable pain-relief devices dedicated to helping patients alleviate pain without causing any side effects. The company applies its core Pulsed Electromagnetic Field (PEMF) technology to deliver PEMF therapy, which reduces muscle stiffness, temporarily relieves minor pain, and enhances patient mobility, thereby accelerating the body’s self-healing processes and alleviating bodily pain.

In the United States, the number of people affected by chronic pain far exceeds those suffering from diabetes, heart disease, and cancer, with approximately 100 million Americans enduring chronic pain every day. Clinical evidence has demonstrated the efficacy of PEMF technology in alleviating chronic pain. Oska Pulse utilizes this PEMF technology. Unlike many other pain intervention therapies, Oska Pulse addresses pain at its source by accelerating the repair of damaged cells and increasing blood flow, rather than merely masking the pain.

Currently, the Oska Pulse device can be used to treat pain in areas such as the back, knees, neck, joints, and muscles. It has shown no known side effects in clinical trials, making it a non-invasive, portable, safe, effective, and burden-free pain relief device.

Commenting on this funding round, Greg Houlgate, Founder of Oska Wellness, stated, “We are thrilled to have completed our Series A financing. Every investor participating in this round has personally experienced the suffering caused by pain. This funding will enable us to further expand our product portfolio and help more patients alleviate their pain. We hope that Oska Pulse can provide those struggling with pain a side-effect-free method for pain relief.”

It is reported that the Oska Pulse is now available for purchase on multiple online marketplaces, including Amazon and HSAstore. Oska Wellness is also expanding its sales channels for this product.

(Compiled by Wang Chan)