
RAYMEX LIFT
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Date | Investors | Amount | Round |
---|---|---|---|
$50.0k | Grant | ||
Total Funding | 000k |
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Axtion Independence Mobility Inc., operating under the brand Raymex Lift, is a medical technology company founded in January 2020 by Tracey McGillivray and Liam Maaskant. The venture was born from McGillivray's personal experience searching for a suitable mobility aid for her father, who was experiencing an increase in falls. A retired tech executive, McGillivray identified a market gap and partnered with Maaskant, who was then a mechanical engineering student at her alma mater, Acadia University, to develop a solution. Maaskant, a former top student-athlete with a background in engineering and experience as a mentor in Acadia's S.M.I.L.E. program, brought a crucial technical and team-oriented perspective to the project.
The company's core offering is the RAYMEX™ Lift, a multi-functional device that serves as both a rollator walker and a personal, portable lift. Its primary function is to assist with fall prevention and recovery. The device features a motorized seat that can be lowered to floor level and raised to a height of 24 inches, stopping at any point in between. This functionality allows users to recover from a fall independently, access low spaces, and receive support for daily activities like transferring from a bed or chair. The RAYMEX™ Lift, named after McGillivray's father, Ray, weighs approximately 36 lbs (16 kg) and supports up to 300 lbs (136 kg). It has a foldable frame for easier transport and navigating tight spaces.
Axtion Independence Mobility operates on a direct-to-consumer and business-to-business model, targeting individual users as well as healthcare institutions and resellers in Canada and the USA. Revenue is generated through the sale of the RAYMEX™ Lift, which is priced at $3,793.00 with pre-order options available. The company has successfully secured non-dilutive grant funding and founder funding to cover product development. It has also participated in several accelerator programs, including those hosted by MaRS Discovery District and Creative Destruction Lab. The product has been listed with the US FDA and is submitted for approval in Canada, with shipping anticipated to begin around September 30, 2025.
Keywords: mobility aid, fall recovery, assistive technology, rollator walker, personal lift, aging-in-place, therapeutic devices, patient lift, rehabilitation engineering, senior care