Steadiwear
Steadiwear is a Toronto-based medical device company that sells the FDA-registered Steadi-3 Plus, a battery-free anti-tremor glove using magnetic tuned mass damping technology, to individuals with Essential Tremor and Parkinson's Disease worldwide.
- Company typePrivate
- Founded2017
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2C
- OfferingHardware or Manufacturing
What Steadiwear does
Steadiwear Inc is a Toronto-based medical device company founded in 2015 that develops and sells the Steadi-3 Plus, an FDA-registered Class I anti-tremor glove for individuals with Essential Tremor and Parkinson's Disease. The product uses patented magnetic tuned mass damping technology adapted from earthquake stabilization systems — a tuned vibration disk mechanically counteracts hand tremor without batteries, electronics, or charging. The current device weighs 290 grams and was validated in a placebo-controlled, single-blind clinical study showing 84% of participants improving versus no device and 70% improving over placebo, with neurologist assessments using a modified Fahn-Tolosa-Marin scale.
The company's business model is a direct-to-consumer hardware sale priced at $999 USD per Steadi-3 Plus, complemented by a recurring consumable revenue stream from replacement straps ($49.99 per 2-pack) that require replacement roughly every six months. Distribution combines Shopify-powered global e-commerce shipping to 150+ countries, an authorized US distributor network, an Australian distribution partnership with Healthport, and a VA-specific channel through Pisces Healthcare Solutions for US veterans. Customer acquisition relies on content marketing, SEO targeting tremor-related queries, earned media coverage (Forbes, Bloomberg, Globe and Mail), clinical-evidence-driven comparison content versus competitors such as GyroGlove and Cala kIQ, and an Affirm installment-financing option that lowers the purchase friction. The company also facilitates FSA/HSA reimbursement via Letter of Medical Necessity, expanding the accessible market.
The company is privately held with approximately $3.4M USD-equivalent in disclosed funding across a 2021 seed round and a September 2025 round led by AARP's Agetech Collaborative with HaloHealth and The Birdhouse. Co-founders Mark Elias (CEO) and Emile Maamary (CMO) continue to lead the company, with Charles Plant serving as Chairman and Acting CFO, indicating a step-up in governance as commercialization scales. Operations are lean (1-10 employees) and the company has reached 3,000+ cumulative customers globally.
Steadiwear firmographics
Firmographics- Name
- Steadiwear
- Legal name
- Steadiwear Inc
- Website
- https://steadiwear.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Steadiwear is a Toronto-based medical device company that sells the FDA-registered Steadi-3 Plus, a battery-free anti-tremor glove using magnetic tuned mass damping technology, to individuals with Essential Tremor and Parkinson's Disease worldwide.
- Ownership category
- akta.pro rank
Steadiwear industry classification
Industry- Product category
- Assistive Medical Devices
- NAICS
- Surgical Appliance and Supplies Manufacturing (339113)
- SIC
- Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)
- akta.pro primary industry
- Orthotics & Bracing (AFO/KAFO, Spinal, Soft Goods Supports) (HLAHAMAC)
- akta.pro secondary industry
- Orthotics & Bracing (Spinal/Lower/Upper Extremity Orthoses) (HLAHAEAI)
Keywords
Where Steadiwear is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Steadiwear business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Marketing or Sales, Technology or R&D, Personnel
Revenue model
- Steadi-3 Plus Device Sales: One-time purchase of the Steadi-3 Plus anti-tremor glove at $999 USD. The primary revenue stream, sold directly through the company's e-commerce website with global shipping to 150+ countries. Includes starter kit with glove, manual, stabilizer unit, and portable pouch. Optional financing through Affirm starting at $43/month.
- Replacement Straps: Recurring revenue from consumable replacement straps. Sold as 2-pack for $49.99 USD, compatible with all Steadi-3 Plus units. Straps require replacement approximately every six months due to normal wear and tear, creating predictable repeat purchase opportunities.
- FSA/HSA Reimbursement Facilitation: Steadi-3 Plus qualifies as an eligible medical expense under IRS Section 213(d) with a Letter of Medical Necessity, enabling customers to use pre-tax HSA/FSA funds. The company provides downloadable LMN templates and receipts to facilitate reimbursement claims, potentially expanding accessible market.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Steadi-3 Plus anti-tremor glove |
| Unit Pricing | Pay-as-you-go | Steadi-3 Plus Replacement Straps |
| Unit Pricing | Pay-as-you-go | International Shipping |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
Steadiwear product offering
Product offeringCore offering
Steadiwear develops and sells the Steadi-3 Plus, a battery-free, FDA-registered Class I medical device glove that uses patented magnetic tuned mass damping technology (adapted from earthquake stabilization systems) to mechanically counteract hand tremors in individuals with Essential Tremor and Parkinson's Disease. The device automatically adapts to each user's tremor pattern without electronic components, charging, or prescription, and is sold primarily direct-to-consumer through the company's e-commerce website with global shipping.
Product overview
Steadiwear offers a focused product portfolio centered on the Steadi-3 Plus, a flagship anti-tremor glove that uses patented magnetic tuned mass damping technology to stabilize hand tremors. The core product line consists of the Steadi-3 Plus device and its companion accessory—the Steadi-3 Plus Replacement Straps (2-Pack). The Steadi-3 Plus is an FDA-registered Class I medical device designed for individuals with Essential Tremor and Parkinson's Disease, featuring battery-free operation, automatic tremor adaptation, and clinically validated results showing 84% improvement in tremor control. The product is offered alongside a distributor network and VA benefits support program.
Differentiator
Problem solved
Functional benefit
Brands
- Steadi-Two: Second-generation battery-free stabilizing glove designed for Essential Tremor and Parkinson's disease, featuring adaptive tremor settings and machine washability.
- Steadi-3 Plus
Products and services
- Steadi-3 Plus Anti-Tremor Glove An FDA-registered Class I medical device glove that reduces hand tremors associated with Essential Tremor and Parkinson's Disease using patented magnetic tuned mass damping technology. Battery-free, weighs 290 grams, automatically adapts to individual tremor patterns, and is sold primarily direct-to-consumer to individual end users.
- Steadi-3 Plus Replacement Straps (2-Pack) Consumable replacement neoprene foam straps for the Steadi-3 Plus glove, available for left or right hand. Sold as a 2-pack to extend device lifespan as straps wear out from regular use, typically every six months.
Quantifiable outcome
- 84% of participants showed improved tremor control with Steadi-3 Plus versus no device in controlled clinical evaluations
- +4 more outcomes
Companies that use Steadiwear
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Steadiwear technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Steadiwear partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core, regional and minor.
- Pisces Healthcare SolutionscoreAuthorized VA distributor for U.S. military veterans. Pisces Healthcare Solutions handles veteran distribution and fulfillment for VA Prosthetic and Sensory Aids Service (PSAS) coverage. Veterans can use VA benefits for reimbursement or direct purchase. Contact: 1-888-505-3627, [email protected]. This partnership enables access to veteran healthcare channels and VA benefit coverage.
- HealthportregionalAustralian medical wearable supplier offering Steadi-Two/St eadi-3 products to Australian customers. Healthport provides local market access, faster delivery, and support for the Australian market. The partnership extends geographic reach to the Oceania region.
- Mobility Unlimited Hub (MaRS and Toyota Mobility Foundation)minorCohort-based program to help pre-growth stage personal mobility companies address challenges and scale solutions for people with disabilities. Participants receive funding, resources, expert guidance, and community support to advance innovations to market readiness. Steadiwear was part of this mobility-focused accelerator program.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Steadiwear competitors and assessment
Company assessmentDirect peers
- GyroGlove: Direct competitor offering a gyroscopic stabilization glove for hand tremors in Essential Tremor and Parkinson's patients. Competes head-to-head with Steadi-3 Plus on the same consumer use cases (eating, writing, drinking) using a fundamentally different mechanism (mechanical gyroscope vs. magnetic tuned mass damper).
- Cala Health: Makes Cala kIQ, a wrist-worn transcutaneous afferent patterned stimulation (TAPS) device for essential tremor. Targets the identical patient population with an electronic/prescription-based alternative that has secured insurance reimbursement pathways unavailable to Steadiwear's cash-pay model.
Emerging players
- Tremelo: Earlier-stage anti-tremor device startup developing vibration-based stabilization. Explicitly named in Steadiwear's own competitive comparison content as a peer in the hand-tremor assistive device category.
Broad incumbents
- Saebo: Established orthotics and rehabilitation device company offering upper-extremity supports for stroke, TBI, and neurological conditions. Targets overlapping patient populations (movement disorder specialists, OTs) through clinical channels and serves as a benchmark for what scaled neuro-rehab distribution looks like.
- Ossur: Global orthotics and prosthetics leader with broad upper-extremity bracing portfolios sold through orthopedic and rehab channels. Represents the potential competitive threat of a well-capitalized orthotics incumbent entering the tremor orthosis category with established distribution.
- Ottobock: One of the world's largest orthopedic technology companies with extensive upper-limb orthotic offerings and global distribution. Comparable as a broad incumbent that could launch a competing tremor orthosis through its existing clinician relationships.
- Bauerfeind: German orthotics manufacturer with broad upper-extremity brace lines distributed through medical supply channels. Comparable as an established orthotics incumbent with the manufacturing scale and regulatory footprint to enter adjacent tremor indications.
Regional players
- Hanger Clinic: Large US prosthetics and orthotics services provider with clinician networks across all 50 states. Comparable as a clinical distribution channel for tremor orthoses and a potential strategic partner or competitor depending on whether Steadiwear pursues provider-led versus DTC distribution.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Steadiwear social profiles
Digital presenceSteadiwear compliance and trust
Trust signalCompliance2 records
Steadiwear financial estimates
Financial estimateRevenue estimate
Valuation estimate
Steadiwear leadership team
Management profileNumber of profiles
Profiles3 records
Steadiwear funding detail
Funding detailFunding overview
Funding rounds4 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Steadiwear M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Steadiwear
What does Steadiwear do?
Steadiwear develops and sells the Steadi-3 Plus, a battery-free, FDA-registered Class I medical device glove that uses patented magnetic tuned mass damping technology (adapted from earthquake stabilization systems) to mechanically counteract hand tremors in individuals with Essential Tremor and Parkinson's Disease. The device automatically adapts to each user's tremor pattern without electronic components, charging, or prescription, and is sold primarily direct-to-consumer through the company's e-commerce website with global shipping.
Is Steadiwear a public or private company?
Steadiwear is a private company. It is classified as venture growth investor backed and is currently operating.
When was Steadiwear founded?
Steadiwear was founded in 2017. It employs 1 to 10 people.
Where is Steadiwear based?
Steadiwear is headquartered in Toronto, Canada, in the North America region.
How does Steadiwear make money?
Three revenue lines are on record. Steadi-3 Plus Device Sales are the primary driver. The others are replacement Straps and FSA/HSA Reimbursement Facilitation.
Who are Steadiwear's main competitors?
Direct peers on record are GyroGlove and Cala Health. Tremelo is listed as an emerging player. Broad incumbents are Saebo, Ossur, Ottobock and Bauerfeind. Hanger Clinic is listed as a regional player.
Does Steadiwear have an API?
No public API is recorded for Steadiwear.
What industry is Steadiwear in?
Steadiwear's product category is Assistive Medical Devices. Its primary akta.pro industry code is HLAHAMAC, Orthotics & Bracing (AFO/KAFO, Spinal, Soft Goods Supports), with a secondary code of HLAHAEAI, Orthotics & Bracing (Spinal/Lower/Upper Extremity Orthoses). Its NAICS code is 339113 and its SIC code is 3842.