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.”