Jeremy Bronen Co-Founded SedMed Secures $4M in Funding

SedMed, Inc., a Milford, CT-based medtech company and provider of non-electric mobility solutions, has secured $4 million in a funding round led by 108 BioCapital.

The company will use the funding to accelerate commercial expansion, grow its distribution and channel partnerships, strengthen its intellectual property portfolio, and conduct additional hospital-based studies.

What is SedMed?

SedMed develops non-electric mobility products designed to help people with limited mobility sit and stand more safely and independently.

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Its flagship product, the SedMed Toilet Lift, attaches to most standard toilets and provides adjustable sit-to-stand assistance without electricity, batteries, or bathroom remodeling.

The product is designed for use in homes, senior living communities and healthcare settings. It also aims to reduce the physical strain placed on caregivers when assisting people with mobility challenges.

How Much Funding Has SedMed Raised?

SedMed has raised $4 million in its latest funding round.

The round was led by 108 BioCapital. The source did not provide details about previous funding rounds or the company's total funding raised.

Who Invested in SedMed’s Funding Round?

108 BioCapital led the $4 million funding round.

No other participating investors were named in the source.

Why the Funding Matters

SedMed will use the new funding to support its next phase of commercial growth.

The company plans to expand distribution and channel partnerships, advance its intellectual property portfolio, and conduct additional hospital-based studies.

The funding will also help expand access to its non-electric toilet lift.

Who founded SedMed?

SedMed was founded in 2021 by Jeremy Bronen.

The company is headquartered in Milford, Connecticut.

"SedMed is addressing an important and often overlooked challenge for older adults, individuals with limited mobility and their caregivers," said Sasha Bakhru, Managing Partner of 108 BioCapital. "The company has developed an intuitive, non-electric solution with the potential to improve safety, preserve independence and reduce caregiver burden across home and healthcare settings.

"SedMed's adoption across more than 40 hospital systems demonstrates strong demand for its solution and validates the important role it can play in addressing a significant challenge for healthcare providers," said Shahryar Oveissi, General Partner of 108 BioCapital.

Market and Business Growth

SedMed is focused on the mobility needs of older adults and individuals with limited mobility.

Its flagship Toilet Lift is designed to provide adjustable assistance for sitting and standing without requiring electricity, batteries, or bathroom remodeling.

The product is designed for use across homes, senior living communities, and healthcare settings.

What Happens Next?

SedMed plans to accelerate its commercial expansion, increase distribution and channel partnerships, and continue developing its intellectual property.

The company will also conduct additional hospital-based studies as it expands access to its mobility solutions.

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