Aecape makes use of AI to ship a totally automated, customizable therapeutic massage expertise for personalised 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, develop into new markets, and develop its partnerships with world manufacturers.
“Our first six months out there targeted on launching with strategic companions and introducing totally autonomous robotic therapeutic massage to customers, driving each excessive utilization and repeat utilization charges,” said Eric Litman, founder and CEO of Aescape. “With recent capital, we’re doubling down on these targets, catapulting development for each our enterprise and our companions as we develop 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 personalised wellness and restoration.” The New York-based firm‘s staff consists of 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 stress. The system captures 1.2 million distinctive knowledge factors concerning the physique’s muscle construction to create a customized therapeutic massage expertise, in response to the corporate.
The therapeutic massage is carried out by Aerpoints, heated finish effectors hooked up to a robotic arm which might be 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.
Throughout the therapeutic massage, prospects don the Aerware customized attire. In response to Aescape, the clothes helps the robotic’s depth sensors higher see the physique.
Aescape companions with Equinox
Aescape final 12 months 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 personal, efficient, and extremely personalised therapeutic massage expertise – on their time,” mentioned James Gu, Sr., director of spa at Equinox. “This partnership displays our dedication to having probably the most superior restoration options obtainable, and we’re excited to deliver 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 business leaders in hospitality, company wellness, luxurious actual property, {and professional} sports activities. They embody choose 4 Seasons Resorts 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 outstanding traction in simply six months since launch,” mentioned Jonathan Shulkin, associate and co-president at Valor Fairness Companions. “Their AI-driven strategy is unlocking new prospects in data-informed, personalised care, driving income for companions whereas delivering precision-tailored experiences. Eric and his staff are creating a wholly new class of robotics-powered wellness, and we’re delighted to proceed to associate of their development.”
To assist its subsequent part, 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 vice chairman 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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