Digital Health Platform KinoTek Closes $2.1M Seed Round

By Peter Page Peter Page has been verified by Muck Rack's editorial team
Published on October 7, 2021

KinoTek, a digital health platform, has closed a $2.1M Seed Round led by the Lake Nona Fund, an early-stage venture fund that invests in ambitious  and innovative founders and companies from the sports and health technology industries.

KinoTek has developed an easy-to-use platform with proprietary technology, including 3D  visualization and quantitative measurements, which allows physical therapists,  chiropractors, and strength and conditioning coaches to capture and document  movement data in 5-10 seconds, then share and discuss the visualization with their clients.

“We’ve brought a new dimension of visualization, fast data capture, and client interaction to  empower the widest range of movement clinicians,” said Justin  Hafner, founder and CEO of KinoTek.

Hafner holds a B.S. in Kinesiology. As a collegiate swimmer he suffered a debilitating shoulder injury and was frustrated during treatment that he had no data or insights as to what was happening with his body. Hafner teamed up with his friend and eventual KinoTek co-founder David Holomakoff, a biomedical engineer working in a research lab to develop augmented reality solutions for medical professionals.

“We talked with a lot of movement clinicians who confirmed that they’d benefit from a faster,  easier, and more objective tool other than their traditional goniometer,” Hafner said. “The real value, besides the objective data, is the visualization that draws in clients to become a part of their  own recovery. KinoTek gives clients the ability to immerse themselves in their rehab process. For clinicians, the data is automatically captured for easy input into the patient record and  enables them to make data driven decisions when prescribing treatment.”

KinoTek, based in Portland, Maine, was selected from nearly 500 startups assessed for the leAD Lake Nona accelerator program and is the first graduate to receive significant funding from the  Lake Nona Fund.

“We are excited to be KinoTek’s lead investor in this round and look forward to working with Justin and his team to drive innovation in the digital health space,” said Thomas Rudy, Principal of the Lake Nona Fund. “The company’s team and technology are highly impressive and well positioned to be a major player in movement analysis.”

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By Peter Page Peter Page has been verified by Muck Rack's editorial team

Journalist verified by Muck Rack verified

Peter Page is the Contributions Editor at Grit Daily. Formerly at Entrepreneur.com, he began his journalism career as a newspaper reporter long before print journalism had even heard of the internet, much less realized it would demolish the industry. The years he worked a police reporter are a big influence on his world view to this day. Page has some degree of expertise in environmental policy, the energy economy, ecosystem dynamics, the anthropology of urban gangs, the workings of civil and criminal courts, politics, the machinations of government, and the art of crystallizing thought in writing.

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