Aescape Raises $30M in Series A Funding

aescape

Aescape, a New York-based technology company building automated, data-driven massage therapy experiences, raised $30M in Series A funding.

The round, which brings Aescape’s total funding to date to $47.5M, was led by Valor Siren Ventures and Valor Equity Partners, with participation from Fifth Wall, Alley Robotics Ventures, Crosslink Capital, Alumni Ventures, and Kevin Love.

The company intends to use the funds to drive additional partnerships, product development, and manufacturing of its AI-powered massage experience.

Founded in 2017 by Eric Litman, Aescape helps hospitality brands, corporations, medical and wellness practitioners, and sports teams deliver a massage therapy and holistic wellness experiences based on technology that mimics human touch. The company brings together research, a customizable user experience, and an approach to physical wellness and recovery.

With this Series A funding, Aescape will enhance its AI-powered technology and bring The Aescape Experience to the U.S. market in 2023.

Previous investors include AlleyCorp Robotics Ventures, FJLabs, Gaingels, Spacecadet, Silicon Valley Bank, Pete Wurman, founder of Kiva Systems/Amazon Robotics, Javon Bea, CEO of Trinity Health, Tom Lee, founder of OneMedical, David Karp, founder of Tumblr, Mark Gorton, founder & CEO of Tower Research, Eric Newnham, founder of Talon Outdoor, Neil Parikh, co-founder of Casper, Yony Feng, co-founder of Peloton, Lachlan Power, YouTuber and professional gamer, and NBA Champions Kevin Love and Matthew Dellavedova.

FinSMEs

16/11/2022