Verve Motion
VerifiedDate | Investors | Amount | Round |
---|---|---|---|
investor investor investor | $0.0 | round | |
investor investor investor investor investor | $0.0 | round | |
* | $20.0m | Series B | |
Total Funding | 000k |
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Recent News about Verve Motion
EditVervemotion is a pioneering startup in the industrial robotics sector, focusing on enhancing worker safety and efficiency through innovative wearable technology. The company has developed the SafeLift Suit, a soft and lightweight powered exosuit designed to reduce the physical strain on workers by 40% with each lift of a case, package, or piece of equipment. This exosuit is particularly beneficial for industries that involve heavy lifting, such as grocery, third-party logistics, retail, manufacturing, and baggage handling.
The SafeLift Suit is engineered by a team of athletic apparel designers, scientists, and engineers, ensuring it is both effective and comfortable. It features advanced movement analytics, wireless connectivity, and an intuitive control system that allows for customization based on the user's needs and specific work activities. The suit is adjustable to fit a wide range of body sizes and can operate for 10-12 hours on a single charge, thanks to its 88Wh battery capacity.
Vervemotion operates on an annual subscription model, providing clients with around-the-clock support and ensuring that their teams have continuous access to this cutting-edge technology. This business model not only generates recurring revenue but also fosters long-term relationships with clients by offering ongoing support and updates.
The company's primary clients are businesses in sectors that require significant manual lifting and handling. By reducing the physical strain on workers, Vervemotion helps these businesses lower injury rates by up to 80%, improve worker retention, and enhance overall productivity.
In summary, Vervemotion is revolutionizing the industrial robotics market with its SafeLift Suit, offering a practical solution to reduce workplace injuries and improve worker efficiency. The company makes money through annual subscriptions, providing continuous support and updates to its clients.
Keywords: wearable robotics, exosuit, worker safety, industrial automation, injury reduction, productivity, annual subscription, heavy lifting, customizable, wireless connectivity.