Overview of GaitBetter Inc

GaitBetter’s Virtual Simulation solution adds virtual simulation to existing treadmills, making them smart, personalized and safe motor-cognitive devices

Based on evidence-based scientific research, developed by world leading neuroscientists, and proved effective in clinical trials, GaitBetter’s treadmill technology is a recognized world-leading evidence-based intervention.

Traditional gait therapy has many limitations specifically around difficulty of use and the time demands placed on therapists. Using GaitBetter’s VR walking platform, our motor-cognitive approach to gait rehabilitation and fall prevention outperforms motor training alone. By adding virtual reality to treadmill training, patients can safely practice real-life situations like walking in a park or busy streets. Multi-tasking workouts – combining decision making, memory, and attention tasks – improve dynamic balance, endurance, gait, and cognitive function. These features lead to faster, lasting improvements, greater self-confidence, and reduced fall risk.

Ultimately, GaitBetter helps your patients improve mobility and reduce fall risk while helping providers maintain profitability.

Watch the system in action here – https://www.youtube.com/watch?v=m5cF5YvT-YI

8 years of commercialized success

20+ peer reviewed research publications

70% reduction in the number of falls

15,000+ patients treated

Partnerships with leading healthcare providers including Spaulding Healthcare, US Department of Veteran Affairs, Ochsner Health, NYU Langone, Jefferson Moss Rehab, FYZICAL, Henry Ford Health

On the business side, the organizations that typically purchase the GaitBetter system include:

– Rehabilitation Centers
Inpatient and outpatient rehabilitation centers offer the GaitBetter solution to help patients restore and maintain gait functions and motor skills. Proven results for stroke, Parkinson’s and Parkinsonism, Multiple Sclerosis, TBI, post-surgery, amputees and more.

– Continuing Care Retirement Communities (CCRCs)
By adding GaitBetter to existing treadmills and offering innovative and personalized fall prevention programs, independent and assisted living facilities can reduce residents’ falls and injuries, extend average length of stay and avoid costs associated with fall-related injuries

– Physical Therapy Clinics
PT clinics use GaitBetter to serve their neurological and orthopedic patients’ needs. By offering the innovative and engaging VR GaitBetter solution for fall prevention and gait training, clinics can improve their revenues, while reducing no-shows and cancellations.

On the patient side, the key audiences are:

– Individuals with mobility impairments due to neurological conditions (stroke, Parkinson’s disease, multiple sclerosis).

– Older adults at risk of gait decline/falls.

– Orthopedic surgery patients recovering gait and function (amputees, hip, knee, ankle surgeries).

– Partnerships with physical therapy clinics, rehab hospitals and Senior Living facilities (CCRCs) to integrate the solution into their patient care workflows.

– Partnerships with distributors who have existing relationships with the types of organizations listed above.

– Partnerships with insurance providers or payers to cover the device/service as part of outpatient rehab reimbursement.

– Collaboration with universities or medical research institutions who can use the system as a teaching tool for students. As well as exploring the potential of motor-cognitive training in indications not yet studied.

– Technology partnerships: with treadmill manufacturers who can bundle GaitBetter as an upsell;

– Partnerships with disability advocacy organizations for outreach, and awareness building activities

GaitBetter is looking to raise $4M to fuel growth in main markets (US), develop new markets, and support continues innovation. Proceeds will be used to expand marketing activities, build and provide support to indirect sale channels, strengthen operational capabilities and increase R&D throughout.