iotaMotion

iotaMotion

Private
Saint Paul, MinnesotaHealthcare & Life Scienceshttps://www.iotamotion.com

Last Round

Seed Round

Mar 9, 2026

Total Funding Raised

$17.99M

Company Overview

iotaMotion, Inc. is a medical technology company that develops robotic-assisted systems for cochlear implant surgery. Founded in 2015 by surgeons from the University of Iowa, the company aims to standardize cochlear implant procedures and improve patient outcomes by enhancing surgical precision beyond human capability. Its flagship product, the iotaSOFT® Insertion System, is a thumb-sized, single-use robotic device that controls the speed and force of the electrode array insertion into the cochlea. This controlled insertion is designed to minimize trauma to delicate inner ear structures and preserve any residual hearing. The iotaSOFT system received De Novo classification from the FDA in October 2021 and is commercially available in the United States. The company has secured multiple rounds of funding, including a Series B in early 2025, to support commercial expansion and further innovation.

Sector

Healthcare & Life Sciences

Verticals

Medical Devices, Precision Medicine

Business Model

B2B

Customer Profile

Hardware Sales, Usage-Based SaaS, Government Contracts

AI Layer

Non-AI

Keywords

cochlear implant surgerysurgical roboticsrobotic-assisted surgeryrobotic surgerymedtechhearing preservationsingle-use medical devicemedical roboticselectrode insertionotolaryngologyENT surgeryrazor-and-blades modelbone-mounted robotFDA De Novoambulatory surgery centersASCsneurotology

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iotaMotion Comps

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CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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iotaMotion Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Seed RoundMar 9, 2026
Series BJan 28, 2025
Series AJul 26, 2023
SeedAug 28, 2019
GrantSep 13, 2017
Seed
Aug 16, 2017

Key People

Founding team and executive leadership

Mike Lobinsky

President, CEO, And Board Director, President And CEO

Executive Team

iotaMotion Investors

Notable investors and investment history

InvestorRounds
Mutual Capital PartnersSeries A
NIH RADxGrant
ISA VenturesSeries A
Next Level VenturesSeries A

Market signals

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  • Mar 9, 2026

    Raised $2M in Seed funding.

iotaMotion Filings

SEC and related filings with document metadata.

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iotaMotion Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersSaint Paul, Minnesota
Employee Range37
Year Founded2015
Last FundingMar 9, 2026

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