Motivo develops mobility products designed for people’s lives rather than just their medical conditions; its flagship product is the 2018 Motivo Tour® walker. The Tour® is engineered to reduce back and neck pressure by up to 60% by allowing users to walk naturally inside and upright instead of walking behind and hunched over a fixed-seat rolling walker, while offering convenience features and a modern design. Motivo reports a broad patent portfolio independently valued at approximately $22.5M and completed nearly four years of research and hundreds of hours of user testing. The company plans to scale new in-house manufacturing capabilities, purchase new equipment, hire additional employees, and execute a national launch and advertising campaign for the 2018 Tour®. Motivo is headquartered in New Berlin, Wisconsin, and was founded by product-designer co-founders with over 40 years of combined experience. The company cites a market backdrop of a projected $7.55 billion global personal mobility devices market by 2022 and growing demand from an aging population.

Total raised

$1M

Funding rounds

1

Latest round

Series A

Latest activity

Jun 2018